SikaBus Loan Review: Is SikaBus Loan App Real Or Fake

Table of Contents

About SikaBus Loan

SikaBus Loan is one of Ghana’s new credit apps that allows people to borrow and repay money anywhere, anytime with a mobile wallet.

According To SikaBus Loan;  SikaBus is one of the most popular lending platforms in Ghana, providing high-quality loan services to mobile users in Ghana. Once approved, you can withdraw your loan through the following channels: MTN MoMo, Vodafone Cash, and AirtelTigo wallet.

SikaBus Loan Requirements

  • You need a valid ID to qualify for a SikaBus Loan. ID Type should be, Driver’s License, NHIA Membership, Voter ID, National ID, or Passport
  • You must be a resident of Ghana over 18 years of age
  • Mobile Money account: MTN Mobile Money or AirtelTigo Money registered in your name for at least two months.

How To Apply For SikaBus Loan

  1. Download The SikaBus Loan App: Download the free app from the Google Play store
  2. Sign Up: Set up your SikaBus Loan account by filling in your personal in the app
  3. Select Product: Select your loan terms and conditions
  4. Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account

SikaBus Loan Review

Customer Support Email:


Funds recovery is another type of fraud, be aware!

Make sure to check these legit platforms before leaving;

  1. Legit Investment websites
  2. Perform Tasks and Earn
  3. Legit Mining Hardwares
  4. Legit Loan Providers

Address: M7XX+464, Sunyani Rd, Kumasi, Ghana

Loan Amount: Up to GH₵ 50,000

Loan Tenure: From 120 to 360 days

Interest Rate: not exceed 0.02% every day, up to 24% per annum

Processing Fees: 5% – 10% (including payment gateway fee, credit fee, and VAT). The fees will be reduced from the loan amount. Different levels with different process fees

APR: up to 24%

For example, if you borrow GH₵ 5,000 and the tenure is 120 days:
1. Total interest is GH₵ 5,000 x 120 x 0.05% = GH₵ 300
2. Processing fee is GH₵ 5,000 * 5% = GH₵ 250(including 14% IVA of processing fee).
3. You will receive GH₵ 5,000 – GH₵ 250 = GH₵ 4,750.
4. The total repayment amount is GH₵ 5,000 + GH₵ 300 = GH₵ 5,300

The exact cost will vary from person to person. It depends on the user’s credit evaluation result.

Is SikaBus Loan Real Or Fake?

Status: SikaBus Loan might be a scam. Use the app at your own risk!

SikaBus Loan App Download

Download the SikaBus Loan app from Google PlayStore

Meet Yhang Mhany

Yhang Mhany is a Ghanaian blogger, an expert in uncovering scams and the founder of Earn More Cash Today, ensuring secure online experiences.

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