The customer does not have to visit any bank to fill out forms.
To activate a customer should dial *165*5# and enter their MTN Mobile Money PIN.
- To use the service you have to be an MTN customer and active on MTN Mobile Money.
- Dial *165*5# to get started.
- You will be prompted to enter your MTN Mobile Money PIN to activate your MoKash account.
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- Activation of a MoKash account is free.
- Any transactions between MoKash and Mobile Money are free. Ie Savings, Auto savings, Loans, Loan payment, Account balance check.
Interest Rates – Savings.
You can save a minimum of UGX 50 up to any amount depending on KYC level
Amount Interest 1 – 300,000 2% 300,001 – 800,000 3% 800,001 – 1,600,000 4% - 1,600,000
5% Interest Rates – Loans
You can borrow between UGX 3,000 to UGX 1,000,000 depending on your loan limit at a fee of 9%.
