Bankcha

To request your CrédiAval from BANKCHA, you only need a certified and verified guarantor within the Bankcha database, to be able to make your request. At the moment we do not make CrédiAval to natural or legal persons that do not have a verified Guarantor, we are working hard to be able to offer many more options to different clients.Amount and chargesTerms: from 91 to 120 daysLoan amount: from COP $100,000 to COP $900,000 pesos;Interest rate: 0.06% per day (maximum annual interest rate is 24%, equivalent monthly interest rate of 1.8% only);Platform: It is a service of COP $300,000 which can be used optionally by our clients, which will allow them to save money and time in necessary document procedures and on which they can receive promotional discounts in a range of COP $10,000 to COP $290,000 that correspond to discounts such as financial inclusion.Value Added Tax (VAT): 19% VAT is applied on the commission in accordance with the policy and laws of Colombia;APR: up to 24%(TEA)ExampleFor example, for a 91-day loan of COP $100,000 for 3 months (at 24% annual interest). The monthly payment will be COP $40,881 (EMI) and the total amount of the payments will be COP $122,643;Interest: COP $100,000 * 24% / 365 = COP $65.75 * 91 = COP $5,983;Platform: COP $300,000; Discounts: COP $286,000; Platform Fee: COP $300,000 - COP $286,000 = COP $14,000.VAT: 19% * Platform = 19% * COP $14,000 = COP $2,660;The total amount to be paid = loan amount + interest + commission + VAT = COP $100,000 + COP $5,983 + COP $14,000 + COP $2,660 = COP $122,643;EMI = COP$40,881;APR = This would translate into a TEA (Annual Effective Rate) of 24%.Apply for a loan in cash or directly to your accountRequirements:1. Being of legal age2. Be a resident of Colombia3. Have email4. Have your own cell phone number5. Have a checking or savings bank account (optional)Steps to follow to obtain your CrédiAval:-Sign up in the app.-Request your credit, if you do not have a verified Guarantor, the CrédiAval cannot be approved.-Get the money.How to pay?-Enter your application in BANKCHA, click on the Contact button-You can make your payment online through Bancolombia transfer-You can also pay with the reference in your nearest Baloto or Efecty.PrivacyWhen you download BANKCHA, we will ask for your authorization to access your cell phone information to validate your identity and determine if you are eligible for one of our credits. Your data is protected by the highest security standards worldwide, we will never share your information without prior authorization.URL of our privacy policy: https://bkchaapp.com/#politica-de-privacidadContact us：Web: www.bkchaapp.comWhatsApp: +573235931538Email: [email protected] service: Monday to Saturday from 8:00 a.m. to 6:00 p.m.Company address: Cra. 45 #72-2, Medellin, Colombia.