BK Quick is Bank of Kigali’s very own mobile loans and savings solution. This product allows Bank of Kigali clients & staff to save as borrow money conveniently from their mobile phones, anytime, anywhere. It is fast, efficient and accessible to every BK client that owns a mobile phone.
- Firstly, ensure that the number you’re using is registered on BK MobiServe.
- Then simply dial *334*
- On the MobiServe Menu select “10- BK Quick”
- Follow the prompts to accept Terms and Condi- tions
- No minimum balance required.
- No ledger charges levied on the account
- No charges for moving money from your BK Account to BK Quick account and vice versa.
- Interest on Savings is accrued daily and paid quarterly (every 3 months after account is activated) BK Quick Savings
- Minimum is RWF 100
- Customers can save any amount, depending on their KYC status. BK Quick Loans
- Access to a loan of up to RWF 1,000,000
- Loan repayment period options are either 1, 3, 6, 9 or 12 months
- One time amortized loan interest P.A
- BK Customer allowed to roll-over debt at 2% per month.
- Loan is deposited directly to the customers BK account
- Minimum amount is RWF 1,000
- Maximum amount is RWF 1,000,000 but is subject to customer credit limit (Your initial credit limit is com- puted based on your utilization of existing BK lending products, current account activity, utilization of your mobile provider voice, mobile money and data services etc., among other parameters)