Easypaisa is a digital payment platform that offers a variety of financial services, including loans. The platform makes it easy for individuals to access quick cash without having to go through a long and cumbersome loan application process. This article will provide you with a comprehensive guide on how to get an Easypaisa loan and the steps you need to follow to make the process as smooth as possible.
Table of Contents
How to Apply for an Easypaisa Loan
The process of applying for a loan is straightforward and can be completed in just a few simple steps.
- Install the Easypaisa app from the App Store or Play Store.
- Create an account by providing your personal information and linking it to your CNIC and mobile number.
- Go to the ” Easy Loans” section on the app’s Home page.
- Fill out the loan application form with the required information, including the loan amount and repayment period.
- Submit the application and wait for a response from Easypaisa.
- Easypaisa accepts loan applications on the bases of 90 days account history.
Repayment of the Loan
The repayment of the loan can be done in several ways, including through the Easypaisa app, and by visiting an Easypaisa shop. It is important to make timely repayments to maintain a good credit history.
Telenor users can dial *786*7*2# to pay a loan. other network users login into an Easypaisa app to pay a loan.
Easypaisa loan eligibility
To be eligible for an loan, you must meet the following requirements:
- You must be a Pakistani national and have a valid CNIC number
- Must be over 18 years of age
- You must have an active Easypaisa account on any sim number.
- The minimum loan amount is 850 Rs. and the maximum is 10000 Rs.
- You must have a good credit history.
Interest Rates and Fees
The interest rates and fees for Easypaisa loans may vary depending on the loan amount and repayment period. It is advisable to carefully review the terms and conditions of the loan before accepting the offer.
- 7-day loan 10 to 25%
- 14 days loan or above 12 to 35%
Conclusion
An Easypaisa loan is a convenient and efficient way to access quick cash without having to go through a lengthy loan application process. By following the steps outlined in this guide, you can easily apply for and acquire a loan. It is important to keep in mind the eligibility criteria, repayment options, and interest rates and fees when considering an Easypaisa loan.