How to make a KoraDrive payment

You can make KoraDrive payments on your portal on the Kora website.

Your KoraDrive payments will be automatically pulled from your bank account on your payment date, which you can find on your portal on the Kora website (it may take 1-2 business days to see the payment pulled from your bank account). You can choose to have automatic payments taken either monthly or twice a month. 

KoraDrive customers can make manual payments through their portal on the www.koramoney.com website. Once you have logged into your account, you will see the details of your KoraDrive loan; click Make a Payment.  

There are three options for making a payment:

1. “Next payment” - This option will allow you to make your next payment manually. There are no fees or penalties for making your next payment early.
2. “Pay off loan” - This option will allow you to pay off your entire outstanding balance. There are no fees or penalties for paying off your loan early.
3. “Custom amount” - This option will let you choose the amount you would like to pay.  When choosing a custom payment amount, keep in mind:
   1. If you make a payment less than what you’ll owe on the next automatic payment, you’ll still owe the difference on your due date. For example, if you owe $50 on the 1st of every month and you make a custom payment of $20, you’ll still owe the other $30 on the 1st. Not paying that $30 on-time will result in late status and any applicable late fees.

Here’s how to make a manual payment:

There are three options for making a payment:

1. “Next payment” - This option will allow you to make your next payment manually. There are no fees or penalties for making your next payment early.
2. “Pay off loan” - This option will allow you to pay off your entire outstanding balance. There are no fees or penalties for paying off your loan early.
3. “Custom amount” - This option will let you choose the amount you would like to pay.  When choosing a custom payment amount, keep in mind:
   1. If you make a payment less than what you’ll owe on the next automatic payment, you’ll still owe the difference on your due date. For example, if you owe $50 on the 1st of every month and you make a custom payment of $20, you’ll still owe the other $30 on the 1st. Not paying that $30 on-time will result in late status and any applicable late fees.

Make sure that the payment method displayed is the account you’d like to use to make the payment. 

• Review the details of your transaction at the bottom of the screen
• Click Continue
• Review the pop up window that displays the payment amount
• Click Pay
• Review the confirmation screen
• Click Done