Umba loan app is an easy to use digital banking app which allows individuals to get loans with low interest, pay bills and perform some other basic transactions aside from taking loan, all in one app.

This Loan apk has been in existence for awhile lending people loan, but it’s features is not limited to that alone. On this loan apk, you can refer new user and earn a whooping sum of N1, 000.

Surprised right? Umba has a referral feature in the apk which enable interested user to refer and earn with ease. Just like Fairmoney which gives loan without any collateral, Umba is also a loan apk you should give a try..

What’s Umba

Umba is a platform where you can get loan with low interest rate, create free bank accounts, take away unnecessary bank charges, and provide an ecosystem of connected financial services that allows you complete control of your money, all in one app.

How Does Umba Works

Umba allow users to apply, draw down and repay loans directly from their smartphone or desktop computer. Once an individual is verified, umba make lending decisions based on an assigned risk rating.

The app is a multipurpose app that allows you to access different functions in one place. With the app, you will have access to quick loan, ability to send and receive money, request money from other umba users and be able to pay bills.

Features Of Umba

Free Transfers + Zero Fees — Enjoy free, fast and secure money transfers to bank accounts and mobile money accounts, while saving you 70% on typical banking fees.

Get Access To Instant Loans — You can get access to money anytime you need it regardless of what you need it for. Open an account now, and start enjoying a smarter and more affordable way to borrow.

Earn Cashback on transactions — Customers earn Cashback on all transactions. Anytime you use Umba to pay utility bills or merchants you get money back directly into your Umba wallet.

Instant withdrawals and deposits to bank accounts — Topping up your Umba wallet couldn’t be easier. We’ve integrated with the top banks so you can deposit money on your Umba wallet in two clicks.

Money Requests — Umba customers can send and receive money requests. Split lunches. Remind friends to repay you. Payback your friend. The power is in your hands!

Umba is not limited to the listed above features, as said earlier, it has a referral program where you can refer and earn. Now let’s look at the referral program..

How To Earn On Umba

For you and your friends to earn on Umba, you have to strictly follow the below step…

• Your friend install Umba using your referral code (Freebies)
• Your friend creates an Umba account and inputs your referral code and completes payment to a third party with a minimum value of N100; and
• Both of you get N1,000 deposited into your Umba wallet.

This referral process is simply a win and win referral program. You and your refered user will both get 1k.

How To Register On Umba

• Download Umba Apk Below

• Open the apk after installation and tap on Signup.
• Enter your phone number and verify it with a six digit code sent to your phone number.
• After that, fill in all the required details and make sure to use Freebies as referral code.

NOTE: Use Freebies as referral code to get Signup bonus.

• Once you’re done with creating your account, you need to verify it. The verification process requires you to provide your full name, D.O.B (Date of Birth), NIN (National Identification Number) and selfie during the verification process.
• After doing this, wait for some minutes for the verification process to be complete. You should get verified if all data provided is correct.

How To Get Umba 1k Registration Bonus

After loading your account with at least N100, send it to other parties either through transfer or Airtime but preferably Transfer (other people’s account or phone number not related to the information you provided on the apk)

Once you are done with the transfer, you will be credited with your registration bonus instantly.

How To Refer On Umba

Once you get verified and also get your free 1k registration bonus, go to the Rewards section, create a referral tag, and share your link to friends and family members telling them of this program.

How To Withdraw On Umba

• On Umba dashboard, tap on withdraw
• Enter the amount you wish to withdraw.
• Input your bank account details then tap on proceed to withdraw.

Things To Note About Umba Referral Program

• You get N1,000 when you register and transfer at least N100 to third parties.
• You get N1000 per referral.
• You must transfer at least N100 to another account in other to get your registration bonus
• The referral and registration bonus can stop anytime.

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