Know the easypaisa app - Episode 6

Get instant loans digitally through easycash!

Getting a loan can be a nightmare, from filling out lengthy documents to getting papers processed, it almost takes a lifetime!

To bring ease and convenience into the lives of users, easypaisa has introduced a facility of instant digital loans, popularly known as easycash.

The easycash loan facility is a game-changer for individuals who need hassle-free access to funds. Its easy application process, flexible repayment options, and competitive interest rates make it the perfect solution to address your financial needs.

What is easycash Loan?

easycash loan is a short-term loan facility offered by easypaisa. Users can apply for a loan through the easypaisa mobile app or by dialing *786*7# on their mobile phones. The maximum amount that can be availed is PKR 10,000[1] for a term of up to 60 days for the easypaisa app users and up to 30 days for USSD users.

Benefits and Features of easycash Loan

The easycash loan comes with a host of benefits and features that make it an attractive option for users in need of immediate and convenient access to funds.

The application process is quick and easy, allowing users to apply for a loan. There are no collateral or documentation requirements to obtain a loan. Once the loan is approved, the loan amount is instantly disbursed to the user's easypaisa account, ensuring fast access to funds.

Moreover, users can choose to repay the entire loan amount at once or break the loan amount in installments, based on their preference, providing greater flexibility in repayment options.

How to Get easycash Loan?

The easycash loan can be obtained easily either through the easypaisa app by tapping the "easycash loan" icon from the menu or by dialing *786*7#. Users can enter their desired loan amount on either platform and either tap “Get easycash” on the easypaisa app or dial 1 and enter pin on the USSD channel to complete the application.

Once the loan is processed, users will receive a confirmation SMS, and the loan amount will be transferred to their easypaisa mobile wallet.

How to Repay the Loan?

The repayment can be made by tapping on the “easycash loan” icon on the easypaisa app. Outstanding amount will be shown to the user and user can repay either partial or full amount of the loan. For USSD users, the loan can be repaid by dialing *786*7# and following instructions. Users can also deposit funds into their easypaisa mobile wallet, and easypaisa will collect it through an auto-debit on or after the due date.

Easypaisa charges a service fee for the loan, which varies based on the user's account usage and loan payment history, which will be shown during the loan application process. easycash loan service is available both to easypaisa mobile account users and USSD customers.

The easycash loan facility is a great solution for anyone in need of fast and hassle-free access to funds. With its easy application process, quick disbursal, and flexible repayment options, easycash loan is ideal for those needing financial assistance to meet their daily requirements.

[1] FAQ easycash loan, easypaisa