Business and Finance

Forgot my Okash Password and Pin – How to Reset, Change and Recover Okash Password and Pin

For many users of financial applications like Okash, forgetting passwords and PINs can be an all-too-common occurrence. In this comprehensive guide, we’ll delve into the steps necessary to reset, change, and recover your Okash password and PIN, ensuring you can regain access to your account swiftly and securely.

Before we dive into the intricacies of resetting, changing, and recovering your Okash password and PIN, it’s crucial to grasp the significance of maintaining strong security measures. Passwords and PINs serve as the primary barriers protecting your financial information from unauthorized access. Therefore, it’s imperative to create robust and unique combinations to safeguard your Okash account effectively.

How to Reset Your Okash Password and Pin

If you’ve forgotten your Okash password, fret not. Follow these steps to initiate the password reset process:

Access the Okash Mobile App: Open the Okash mobile app on your device.
Navigate to the Login Page: Locate the login screen within the app.
Select “Forgot Password”: Below the login form, tap on the “Forgot Password” option.
Provide Required Information: Enter the email address or phone number associated with your Okash account and submit.
Verify Your Identity: Upon submission, Okash will send a verification code to your registered email or phone number.
Enter Verification Code: Input the received code into the appropriate field within the Okash app.
Set a New Password: You’ll be directed to a password reset page. Choose a new password adhering to Okash’s criteria.
Confirmation and Submission: Confirm the new password and tap “Submit” to save changes.

Upon successful completion of these steps, you’ll receive confirmation of your password reset, allowing you to log back into your Okash account with the new credentials.

How To Change Your Okash Password and Pin

While resetting a password is essential for forgotten credentials, changing your password periodically enhances security. Here’s how you can change your Okash password:

Log into Your Okash Account: Open the Okash mobile app and log in using your current password.
Access Account Settings: Navigate to the account settings or profile section within the app.
Initiate Password Change: Look for an option related to security settings or password management, often labeled as “Change Password.”
Verification Process: Okash will prompt you to verify your identity by entering your current password.
Set a New Password: Enter a new, strong password following Okash’s guidelines.
Confirmation and Submission: Confirm the new password and save changes by tapping “Update.”

By following these steps, you can successfully change your Okash password, bolstering the security of your account.

How To Recover Your Okash Password and Pin

In the event of forgetting your Okash password, the recovery process mirrors that of resetting it. Follow these steps to recover your Okash password:

Launch Okash Mobile App: Access the Okash mobile app on your device.
Select “Forgot Password”: On the login screen, tap on the “Forgot Password” option.
Provide Required Information: Enter your registered email address or phone number and submit.
Verification Code: Okash will send a verification code to your registered email or phone number.
Enter Verification Code: Input the received code into the designated field within the app.
Follow Further Instructions: Depending on Okash’s protocol, you may receive your password or instructions to reset it.
Confirmation of Recovery: Upon successful recovery, you’ll receive confirmation, granting access to your account.

F.A.Q

What is the account number of OKash?

OKash operates with Zenith Bank Plc, and their account number is 1130085518. To repay your loan, fill the remarks section with your BVN or registered phone number and full legal name. After a successful transfer, send the details to [email protected] for verification and to update your loan status.

What happens if I don’t pay back OKash loan?

If you fail to repay your OKash loan by the end of the rollover period, you will be considered in default. Defaulting on the loan can lead to consequences, and it’s essential to communicate with OKash to explore possible solutions.

Does OKash send messages to contacts?

Yes, OKash has been reported to have access to phone contacts. In cases of loan default, they may call and send messages to random people in your contacts list, potentially causing loan shaming.

Which loan app gives 50000 instantly in Nigeria?

Carbon loan app allows users in Nigeria to access up to fifty thousand naira instantly. The platform is designed to provide quick personal loans to address urgent financial needs, such as bills and school fees.

Can I borrow from Opay?

Yes, you can borrow money from Opay by creating an Opay account and submitting a loan request on the app. Opay offers loans up to N1 million with interest rates ranging from 3% to 15%, depending on whether it’s a short-term or long-term loan.

Is OPay the owner of OKash?

Originally founded by OPay, OKash initially operated as the lending arm of OPay. However, in December 2018, Opera, the parent company of OPay, acquired OKash from OPay for $9.5 million. OKash expanded its services to Nigeria and India in 2019.

Which bank owns OKash?

OKash is a Micro-lending product provided by Blue Ridge Microfinance bank. The ownership structure involves Blue Ridge Microfinance bank facilitating the lending services offered by OKash.

How much can OKash borrow me for the first time?

OKash provides loans ranging from NGN 3,000 to NGN 500,000. The entire borrowing process is completed online, available 24/7. As a first-time borrower, you can download the app, fulfill the necessary requirements, and submit your information to access the loan amount suitable for your needs.

Can my BVN be blocked by a loan app?

No loan app in Nigeria has the authority to block your BVN. Only the Central Bank of Nigeria (CBN) can impose restrictions on your BVN.

Does Okash require BVN?

Okash, operated by Blue Ridge Microfinance Bank Ltd., may offer loans with or without BVN, depending on your KYC (Know Your Customer) history. The loan interest rates are reasonable, and Okash provides flexibility in its requirements.

Does OKash still call your contacts?

Yes, Okash may still call your contacts, as you have granted permission for them to access your phone contacts during the loan application process. This practice is common among many loan apps, and it’s essential to be aware of the permissions granted and the potential for contact calls in case of repayment issues.

Conclusion

Forgetting passwords and PINs is a common occurrence, but with the right knowledge and steps, regaining access to your Okash account is achievable. Whether resetting, changing, or recovering your password, following these comprehensive guidelines ensures a seamless and secure process. Remember to prioritize strong password creation and periodic changes to uphold the integrity of your Okash account security.