Apps and Softwares

Loan Apps in Pakistan | Online Loan Apps

Searching for the best loan app in Pakistan can be a perplexing task, given the multitude of options available. Determining which app is right for you is challenging, but fear not, as we have compiled a comprehensive list of the top loan apps in Pakistan for 2023 to make your decision easier.

Loan apps are gaining immense popularity in Pakistan due to their versatility. Different loan apps offer various advantages and disadvantages, such as low-interest rates or flexible repayment plans, or even the option to forego collateral. Regardless of your requirements, there is sure to be a loan app that meets your needs. It’s essential to compare all available options thoroughly when contemplating a loan, to secure the best deal for your situation. Although loan apps can provide access to the funding you need, it’s crucial to research and shop around before committing to one, ensuring you have the best offer available.

If you are searching for an instant loan in Pakistan, you needn’t look any further. Our comprehensive list of the best loan apps in Pakistan has you covered, regardless of whether you need a personal or business loan. With a diverse range of options at your disposal, you are sure to find the perfect loan app for your needs.

List of Instant Loan Apps in Pakistan 2023

When it comes to obtaining a loan in Pakistan, the process can be overwhelming due to the multitude of options available. It can be challenging to determine the best loan app that suits your needs. In light of this, we have created a list of the top-rated loan apps in Pakistan for 2023 based on customer reviews and ratings, to simplify your decision-making process.

Acquiring a loan in Pakistan requires careful consideration, as the process can be tedious and lengthy. From selecting the right lender to completing the application and approval process, there are several factors to consider. However, what if there was a way to get a loan immediately?

Instant loan apps provide a quick and efficient alternative to traditional bank loans, allowing you to apply for and receive approval for a loan in a matter of minutes. This streamlined process eliminates the need for a traditional lender and enables you to receive the financial assistance you require promptly.

Here is the list of instant loan apps in Pakistan.

EasyCash – EasyPaisa

Easycash is a digital loan facility provided by Easypaisa, a popular digital banking app in Pakistan. The loan can be applied for through the Easypaisa app or USSD, and no documentation, security or collateral is required. The maximum limit of the loan is PKR 10,000, but only individuals with the highest credit scores are eligible to apply for the upper-end loans. The loan can be repaid within a maximum period of 60 days for app users and 30 days for USSD users.

To apply for an EasyCash loan using the Easypaisa app, users need to have an Easypaisa account and a good credit score. They can then select the “EasyCash” option on the app’s home screen and follow the instructions to complete their application. For USSD users, they need to dial *786# from their mobile phone and select “EasyCash” from the menu options.

There are also YouTube videos available that provide guidance on how to get an EasyCash loan and how to solve technical issues on the Easypaisa app.

ReadyCash – JazzCash

JazzCash is a mobile financial service provider in Pakistan that offers ReadyCash, an instant loan service. ReadyCash is designed to help customers access short-term, low-value loans instantly through their mobile account menu. Customers can apply for a ReadyCash loan by dialing *786# from their Jazz SIM and selecting “ReadyCash” from the options that appear on the screen. Once the customer’s loan request is approved, the loan amount will be disbursed directly into their mobile account, and an SMS confirmation will be sent.

To use the ReadyCash service, customers must have an active JazzCash mobile account and agree to establish a direct contractual relationship with Mobilink Microfinance Bank Limited as a customer/borrower. Customers must also agree to be bound by the bank’s terms and conditions of use of the service and undertake to repay the ReadyCash loan amount along with all due charges on the agreed date and time. The terms and conditions for using ReadyCash may change over time and will be available on JazzCash’s website.

Customers can take subsequent loans after repaying previous ones. However, JazzCash only allows running a single loan until it is paid back entirely. To repay a ReadyCash loan, customers can dial *786# from their mobile phone and select “ReadyCash Payment” from the options that appear on the screen. They can then follow the instructions provided to complete their payment.

Tez Financial Services

Tez Financial Services is an innovative digital financial services provider located in Pakistan. This company is specialized in providing instant loans, insurance, and other financial services through its cutting-edge platform. Furthermore, Tez Financial Services is dedicated to facilitating financing solutions for both merchants and shoppers, utilizing its state-of-the-art digital lending platform, ZoodPay. Notably, Tez Financial Services is the first Pakistani startup to receive regulatory approval for its revolutionary digital lending platform. One of its flagship products, Tez Advance, leverages advanced machine learning algorithms and the customer’s mobile phone data to evaluate their profile and extend loans in less than 15 minutes. With its innovative approach and unparalleled service, Tez Financial Services is leading the way in digital financial services in Pakistan.

Barwaqt – Loan Money Cash

Barwaqt is an online loan application in Pakistan that allows users to apply for personal loans up to Rs 100,000 anytime and anywhere. Barwaqt uses big data risk control technology for credit scoring assessment to protect users’ privacy and provide high-quality online smart credit loan services. The installment loan provided by Barwaqt greatly reduces repayment pressures, with a term of 91-180 days. The maximum annual fee rate (APR) is 24% per year.

Barwaqt provides complete online money without any mortgage through secure platforms. There are several methods to receive the loan amount, and the process is 100% online without any mortgage. Users can sign up, get verified, select the amount and duration of the loan, wait for review, get the loan, and repay it.

Barwaqt’s goal is to provide financial aid to those who need it most. They believe everyone should be given the opportunity to obtain the resources they need to improve their quality of life. However, if a user has applied for a loan by mistake, they can repay the principal amount and service fee within 24 hours and contact Barwaqt at their earliest convenience. The service fee will include applicable Verisy(Rs.), CIB(Rs.) costs and Fund… Complaint Email: Service Timing: 9AM-9PM, 7 days a week. Barwaqt reserves the right of final interpretation for all the rules above.


AdalFi is a Pakistan-based digital lending infrastructure provider that has developed a digital lending platform to enable smart, instant loans for consumers and SMEs in Pakistan. AdalFi’s technology includes AI-powered credit scoring and underwriting models, which allow partner banks to instantly credit score the other 95% of their existing customers who have never been lent to. The platform also provides personalized digital marketing to qualified prospects and customer journeys embedded within the bank’s digital presence to enable real-time disbursement of loans.

AdalFi’s mission is to promote financial inclusion as it unlocks access to credit for millions of people and small businesses in Pakistan. Since its launch in July 2021, AdalFi has grown the Gross Loan Volume (GLV) enabled by its Digital Lending Platform at 30% month on month for the last 19 months. Over 70,000 loans have disbursed to date with a default rate well under 0.1%. AdalFi operates on a revenue-sharing model that captures any downside risk exposure to banks such that any loan losses are accounted for, pro-rata, in fees due to AdalFi.

AdalFi has quickly signed up 14 banks (including seven out of the top ten) on its mission to promote financial inclusion as it unlocks access to credit for millions of people and small businesses in Pakistan. The company raised $7.5 million in seed funding led by COTU Ventures, Chimera Ventures, Fatima Gobi Ventures, and Zayn Capital alongside angel investors including execs from Plaid.

ZetaLoan App

ZetaLoan is a personal loan app available in Pakistan that allows users to apply for personal loans up to Rs 50,000 anytime and anywhere. It is an easy credit wallet app that provides fast online loans. However, there are some concerns about the legitimacy of the app. There are reports of scams related to ZetaLoan and other similar loan apps in Pakistan. Users should be cautious when using such apps and ensure that they are dealing with legitimate lenders.

PK Loan Personal Online Loan

PK Loan is a mobile credit cash loan app that offers a range of personal online loans in Pakistan. The app features smart loans that can help users manage unexpected events efficiently, with loan amounts ranging from PKR. 2,500 to PKR. 50,000. According to information available on YouTube videos, PK Loan is a genuine app that enables users to secure a loan on their mobile devices in Pakistan. However, users must exercise caution when using any financial service or app and make sure they understand the terms and conditions before agreeing to them. By taking the necessary precautions, users can leverage the benefits of PK Loan and obtain quick access to much-needed funds.

Asaan Qarza Mobile Loan App

AsaanQarza is a mobile loan application available for Pakistani citizens. The app allows users to apply for personal loans of up to 50,000 rupees anytime and anywhere. However, it is important to note that Asaan Qarza has been identified as one of the 74 fake loan apps on Google Play Store. These fake loan apps claim to be legitimate but are actually fraudulent and can steal user data. Therefore, it is recommended that users exercise caution when using such apps and only download from trusted sources.

What are the most popular loan apps in Pakistan?

The most popular loan apps in Pakistan include Meezan Mobile Banking, Tez Financial Services, Barwaqt, Asaan Qarza Mobile Loan App, Golden Rupiye Loan App, AI Cash Loan App, Jazz Cash Personal Loan Online Apply, EasyPaisa, MobiCash, Upaisa and Fincash.

How much can one borrow from Barwaqt app?

Barwaqt is an online loan application in Pakistan where users can apply for personal loans up to Rs 100,000[1]. The approved loan amount is determined based on the user’s credit rating. Users can apply for loans ranging from Rs. 1,500 to Rs. 25,000, but the approved amount may be lower depending on their credit rating.

What are the interest rates for instant loan apps in Pakistan?

The interest rates for instant loan apps in Pakistan vary depending on the app and the lender. Some apps offer annual interest rates ranging from 5% to 26%, while others offer personal loans of up to 50,000 rupees with no specific interest rate mentioned. The exact interest rates for each app may be found on their respective websites or by contacting the lender directly. It is important to compare different loan options and read the terms and conditions carefully before applying for a loan.