Paisayaar provides fast, flexible and secure personal loan services for Pakistani citizens. Customers can apply for personal loans up to Rs 25,000 anytime, anywhere through mobile phones.
The loan details are as follows:
- Term of Loan: 60-90 days
- Loan Amount: Rs. 1,000 to Rs. 25,000
- Maximum annual fee rate (APR): 2%-12% per year
An example would be:
- Based on the calculations below, Rs. 12,000 is needed for 3 months of expenses:
- Markup rate per month: 12%/12 = 1%
- Markup total: Rs. 12,000*12%/12*3 = Rs. 360
- Repayment amount: Rs. 12,000 plus Rs. 360 = Rs. 12,360
- Payment amount: Rs. 12,360/3 = Rs. 4,120 per month
Benefits of the product
- Age 18+ is no threshold, no guarantee.
- You don't have to wait long.
- Verification online within 24 hours.
- Multiple privacy protections to prevent disclosure of information.
How can I get a loan?
- You can download Paisayaar for your mobile device from the Google Play Store.
- You must register with your mobile phone number.
- Make sure you fill in your personal information, take a clear photo, and submit your application.
- You must wait for approval before disbursement can begin.
