Overview Information
Name | Paisayaar |
---|---|
Package | com.personale.credit.carry.cash.loan.paisaya |
Publisher | Jinglecred Digital Finance Limited |
Category | Finance |
Version | 1.3.2 |
Size | 15.76 MB |
Requires | Android 5.0 and Up |
Updated On |
If you are a citizen of Pakistan and need financial assistance, download the Paisayaar App. This is a platform that offers short-term loans at a reasonable interest rate. Users will be able to apply for loans digitally without having to wait for long durations. Get the app and meet your financial commitments.
The traditional method of applying for a loan requires visiting a bank. There is a lot of paperwork and people have to wait for their turn for application approval. The chances of applications getting declined are quite high as well. Also, banks do not offer the service of short-term loans.
What is Paisayaar App?
Paisayaar App is a financial app that offers short-term loans at reasonable interest rates. It is a NBFC license that is authorized by the Security Exchange Commission of Pakistan (SECP). The platform is operating legally and users can be assured of the legitimacy as it is registered under SECP.
To get started users need to create an account first. Users above 18 years of age are eligible to register an account and apply for loans. The registration process only takes a few minutes to commence. Users are required to provide an active phone number and complete the OTP verification process.
Once this step is complete, the next step is completing the user profile. There are a few requirements like adding a profile picture, setting a username, adding an account password, and so on. As all fields are filled, users simply need to save their profile data. This is the complete registration process.
The app developers have made it very clear that user data will be kept private. All the user data is kept private and not shared with any other sources. It should be clear to users that we are not the developers of this platform. We are just sharing the safe-to-download app file and information about the services.
There is an eligibility criteria that users must meet to apply for loans. As mentioned in the beginning, users above 18 years of age are eligible to apply for loans. The applicant should have an active source of income to be able to repay the loan with interest. Being a citizen of Pakistan is also important.
If users meet the criterion, they simply apply for a loan. Users have information about the maximum loan amount, interest rate, and repayment duration. Below we have shared this information and users should decide their loan amount accordingly.
- The maximum credit amount is Rs 25000 and the minimum users can apply for is Rs 1000.
- The annual interest rate fluctuates from 2% up to 12% per year. The interest will be decided according to the credit amount.
- The repayment duration will be 60 to 90 days. The duration will also depend on the credit amount.
User applications will be reviewed and approved/declined within 24 hours. The status of application approval can be checked from the app or via text. This is a great service that a lot of users can benefit from. Users from other countries can try RupeeFree and LG Money for similar services.
How to Download and Install the Paisayaar Apk File?
To start the download process, users must locate the download buttons. There are two download buttons shared for user convenience. A single tap on any button will direct users to the main download menu. The download process will begin after waiting for a few seconds.
There are a few installation steps that users need to follow. The steps are listed below in the right order for user ease. Follow the steps listed to successfully install the app file.
- First, go to Android phone settings>security settings and enable installation permission for apps downloaded from third-party sources.
- Go to device file manager>downloads and locate the downloaded file.
- Tap on the downloaded file and wait for the installation prompt to appear.
- As the prompt appears, tap on the install button and wait for the process to end.
Key Features of Paisayaar App
- This financial app is free to download and use.
- Account registration is mandatory.
- The services are only meant for users above 18 years of age.
- User data is kept private at all times.
- Apply for instant short-term loans.
- Every loan application is reviewed within 24 hours.
- Get approval status via text or from the app.
- The app UI loads without any delays.
- The interest rates are reasonable.
- Many more…
FAQs
Is this a legitimate platform?
The Paisayaar has an NBFC license authorized by SEC, Pakistan. Users should however be careful while signing the agreement.
Is this present on Google Play?
Yes, Android users can directly the install app from the Google Play Store.
Does it offer services worldwide?
The company services are currently limited to Pakistan.
Final Words
Paisayaar App will help users gather instant short finances for their urgent needs. Users can download the app easily from this website and get started.