EasyPaisa Launches Digital Loan Service: Here’s How to Avail it

Easy Paisa, a project of Telenor Pakistan and Tameer Microfinance Bank in order to achieve the goal of financial inclusion is assisting millions of un-banked people residing in Pakistan. EasyPaisa Launches Digital Loan Service: Here’s How to Avail it.

A part from different services launched by EasyPaisa, Health Insurance services is loved by many people. In less than a year since its launch, Pakistan’s first mass market-health insurance ‘Easypaisa Sehat Sahara’ has gained more than 100,000 subscribers.

EasyPaisa Launches Digital Loan Service: Here’s How to Avail it

Keeping in view the success of Health Insurance project, Telenor Micro Finance bank has launched Digital Loan service for the first time in South Asia. Now EasyPaisa customers have the facility to acquire easy loans instantly right from their mobile phones.

Digital Loan also called Sahara Loan service, is a short term loan for the period of 7 to 14 days. The loan amount will directly be deposited to ones account. The process will just take 5 minutes and is a matter of just one click.

For those who want to avail Digital Loan service and don’t have account can will open a new account. Telenor Subscribers can open an account simply by dialing *786#.
Non-Telenor Subscribers can open their account by sending ‘EP<space>CNIC number’ to 0345-111-3737. Account opening is free of cost.

Who can subscribe for EasyPaisa Digital Sahara Loan:

  • Easypaisa Mobile account customers
  • Telenor Subscribers
  • Non-Telenor Subscribers

Digital Loan Service Incentives:

Service fee will be charged as per the following selected days of term option and profile:

  • 7 days: 10% – 25%
  • 14 days: 12% – 35%

Loan Transfer Limit:

  • Rs. 850 to Rs. 10, 000

How to Avail this Offer:

  • Dial *786*7# to apply now! This facility is currently for eligible users.

How to Repay Loan:

The loan will be automatically deducted after one month from Sahara Loan Account.

Note:

For more information, dial 3737 or visit:  http://www.easypaisa.com.pk

Also Read: Easypaisa Account Holders Using Telenor Prepaid Connections to Get Free Minutes During Ramadan

Fizza Atique

Fizza Atique is a Tech writer specializing in the intersection of tech and culture. She likes photography, VR, electronic music, coffee, and baking.
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