7 Best Instant Loan Apps In Pakistan 2024 with Low Interest Rates

In this digital lending era, to get a loan in Pakistan there is no need to stand in long queues or deal with long paperwork. Nowadays, Online Loan Apps in Pakistan are available which provide instant loans without any hassle.

Also read: Top 7 Urgent Loan Apps In Pakistan Without Interest | 50K-2Lakh Urgent Loan

Instant loan apps in Pakistan are popular for offering quick financial solutions, providing a faster and more convenient alternative to traditional banking procedures.

These instant loan applications in Pakistan allow users to apply for a quick and easy loan through a streamlined application process.

Also read: Top 5 Best Loan Applications In Pakistan With Low Interest Rates (2024)

In this article, we’ll learn about the best instant loan apps in Pakistan, how to apply, and the loan amounts they offer along with their respective terms.

These loan apps provide you 50000 loan in Pakistan anytime, anywhere through mobile phone.

Also read: Top 3 Loan Apps In Pakistan (50K-100K Urgent Cash Loan)

Let’s explore instant online loan apps in Pakistan, some of which offer interest-free loans, while others come with low interest rates.

Best Instant Loan Legal Real Applications in Pakistan

Getting a quick loan in Pakistan is now easier than ever through digital loan apps. However, finding a legitimate and real loan app in Pakistan can be a challenging task.

To save you time, we have compiled a list of the best instant loan apps in Pakistan that offer urgent loans to individuals in their times of financial need.

The best instant loan app should have a user-friendly interface, making it easy to get a loan. It should also offer easy repayment options with affordable interest rates and loan terms.

There are many different types of online loan apps in Pakistan. Some offer quick loans with ease, while others provide online loans like traditional banking services.

Not every loan app in Pakistan has a high demand. Some of them are more affordable, with good interest rates and multiple repayment options. They offer lower service fees and are budget-friendly.

Also read: How To Quickly Get 50,000 Loan In Pakistan {20K-200K} (Interest-Free)

Things to Consider Before Before Choosing the Best Instant Loan App in Pakistan

• The chosen loan App must be legitimate and reliable.
• Be sure to conduct research properly and read the reviews.
• Understand the repayment terms and conditions thoroughly.
• Compare your chosen loan app with other options.
• Ensure you can afford the interest rates and repayment terms.

Top 7 Best Instant Loan Apps In Pakistan 2024 with Low Interest Rates

• EasyPaisa Loan App.
• JazzCash Loan App.
• UBL Loan App.
• HBL Loan App.
• UBank Loan App.
• Akhuwat Loan App.
• Alkhidmat Loan App.

These online loan apps provides quick loan in Pakistan without the need of visiting lending institutions.

Also read: Business Loan In Pakistan With 0% interest | Best Low interest Loan In Pakistan

EasyPaisa Loan App

EasyPaisa is considered the most reliable loan app in Pakistan that provides urgent cash loans of up to Rs. 50,000.

You can access loans through the EasyPaisa loan app 24/7, from anytime anywhere. It offers multiple repayment options.

EasyPaisa is among the best instant loan apps in Pakistan whenever you need an immediate cash loan. It gives priority to its customers and has a 24-hour customer support system

Due to its user-friendly interface, EasyPaisa is the easy loan app in Pakistan that offers safe loans without any hassle.

You can get personal 20000 loan without documents or any collateral through EasyPaisa Loan App.

How to download and get a loan from EasyPaisa Loan App

• Go to the Google Play Store and download the Easypaisa Loan App.
• Register with your working mobile number and verify yourself.
• Provide general information such as your CNIC and complete the application process.
• Select the desired loan amount and submit your application.
• Wait for the loan approval.
• After your loan is approved, the loan will be transferred directly into your bank account by the EasyPaisa Loan App.

Also read: Best low interest loan app in Pakistan | EasyPaisa Loan App

Advantages of EasyPaisa Instant Loan App

• The Easypaisa loan app offers flexible repayment options.
• Easypaisa is the best low-interest loan app that suits your budget.
• Easypaisa prioritizes its customers and boasts the best support system.
• Users can get fast loan approval through Easypaisa, and money will be transferred within minutes.
• Easypaisa app offers the convenience of getting an online loan in Pakistan urgently.
• The Easypaisa loan app is available 24/7, allowing borrowers to access loans anytime.

Through EasyPaisa cash loan app you can access loans with low interest rates. EasyPaisa offers different loan types to fit your needs. Below are the loan types and their respective loan amounts, interest rates, and loan repayment terms.

Micro Loan: EasyPaisa loan app offers micro loans ranging from Rs. 500 to Rs.50,000. The interest rate on this loan amount is 2% per month, and the repayment tenure ranges from 3 to 12 months.

Business Loan: Ranging from PKR 10,000 to PKR 100,000, the EasyPaisa loan app provides business loans with an interest of 1.5% per month. Repayment terms for this loan range from 6 to 24 months.

Quick Cash Loan: The EasyPaisa loan app offers quick cash loans ranging from PKR 1,000 to PKR 25,000 with an interest rate of 3% per month. The repayment tenure for this loan ranges from 1 to 6 months.

Personal Loan: The EasyPaisa urgent loan app provides personal loans from Rs. 50,000 to Rs. 200,000 with an interest rate of 1% per month. The loan repayment terms are between 12 to 36 months.

Also read: Urgent 10K-1Lakh Digital Loan In Pakistan | Abhi-Your Salary Now Loan App

JazzCash Loan App

To fulfill your urgent needs, you require a trusted platform like JazzCash Best Instant Loan Apps in Pakistan.
JazzCash is Pakistan’s leading digital financial services provider that allows you to get urgent loans of up to 30,000 rupees.

JazzCash offers secure and easy loans with reasonable interest rates compared to other online loan apps in Pakistan. Hence, JazzCash is the best solution if you need money urgently in Pakistan.

How to download and get a loan from the JazzCash Loan App

• Visit the Google Play Store and download the JazzCash Loan App.
• Register with a valid mobile number and complete the verification process.
• Provide essential information such as your CNIC and complete the application process.
• Choose the desired loan amount and submit your application.
• Once your application is approved, the money will be disbursed directly into your bank account by JazzCash Loan App.

Advantages of JazzCash Instant Loan App

• JazzCash Best Loan Apps offer quick access to loans whenever you are in need.
• The online application process is easy and convenient.
• Swift loan approval process for better user experience.
• JazzCash is a low-interest loan app that provides loans at an affordable price point.

JazzCash provides various loans tailored to individual needs. Here are the names of the loan types with their respective loan amounts, interest rates, and repayment durations that JazzCash loan app offers.

Micro Loan: The JazzCash loan app offers micro-loans for borrowers ranging from PKR 500 to PKR 15,000. The interest rate for micro-loans on the JazzCash app is 5% per month, and the repayment tenure spans from 1 to 6 months.

Home Loan: Ranging from PKR 100,000 to PKR 1,000,000, the JazzCash real loan app provides home loans, with an interest rate of 2% per month. Repayment terms range from 12 to 60 months.

Salary Loan: JazzCash loan app offers salary loans ranging from Rs. 10,000 to Rs. 50,000. The interest rate on the salary loan is 3% per month, and the loan term ranges from 3 to 12 months.

Ready Cash: JazzCash quick loan app offers ready cash loans ranging from PKR 500 to PKR 30,000, with an 8% per week interest rate. The repayment tenure for a ready cash loan ranges from 1 to 4 weeks.

Also read: SmartQarza Loan App- 25,000 Online Urgent Loan In Pakistan (SECP Verified)

UBL Loan App

The UBL loan app is a low-interest loan app in Pakistan that is reliable and features a user-friendly interface. The UBL loan app provides online loans quickly without any hassle.

The easy-to-use interface of the UBL loan app helps users make informed borrowing decisions by comparing interest rates and repayment options.

UBL loan app stands out as one of the safe Loan apps in Pakistan that offer various loan types on a single platform. In Pakistan, UBL is a legal online loan app that provides loans right away.

How to download and get a loan from UBL Loan App

• Download the app from the Google Play Store and install it.
• Register with your mobile number to receive OTP and complete the verification process.
• Complete the application and submit it to apply for a loan.
• UBL will review your application.
• Once you get approval, the money will be transferred into your given bank account.

Advantages of UBL Loan App

• UBL loan app provides hassle-free quick loans.
• The user-friendly interface of the UBL loan app helps borrowers to make informed decisions.
• It is a low-interest loan app in Pakistan that is affordable for every user.
• UBL loan app offers various loan types to fit everyone’s needs.
• The online application process is easy and convenient, with paperless work.
• The UBL loan app in Pakistan offers flexible repayment options with a 24/7 customer support system.

UBL CashPlus: UBL CashPlus is the loan type offered by UBL, with a loan amount ranging from PKR 25,000 to PKR 1,500,000. The interest rate on this loan amount ranges from 12.99% to 22.99% per annum, with a repayment tenure of 12 to 60 months.

UBL Personal Loan: UBL offers personal loans ranging from PKR 50,000 to PKR 10,000,000 with an interest rate of 13.99% to 18.99% per annum.The duration to repay this loan amount is 12 to 60 months.

UBL Home Loan: UBL also provides Home Loan starting from PKR 500,000 to PKR 100,000,000. The interest charges on home loans range from 13.99% to 18.99% per annum, with a repayment duration of 12 to 240 months.

UBL Car Loan: The UBL Car Loan ranges from PKR 200,000 to PKR 15,000,000 with an interest of 15.99% to 20.99% per annum. The repayment tenure for this loan amount is 12 to 84 months.

UBL Business Loan: The Business Loan offered by UBL ranges from PKR 1,000,000 to PKR 200,000,000, with an interest rate ranging from 17.99% to 22.99% per annum. The loan repayment tenure is from 12 to 60 months.

UBL SME Loan: The loan amount for UBL SME Loan ranges from PKR 1,000,000 to PKR 200,000,000. The interest rates range from 19.99% to 24.99% per annum, with a repayment duration of 12 to 60 months.

UBL Agriculture Loan: The Agriculture loan offered by UBL ranges from PKR 10,000 to PKR 10,000,000. The interest rate on the agriculture loan is 21.99% per annum, with a payback duration of 12 to 60 months.

Also read: Online Loan Apps In Pakistan 2023 | Best Loan Apps

HBL Loan App

HBL is one of the most popular online loan apps in Pakistan, which provides quick loans up to Rs. 25,000 with low interest rates.

HBL is a well-known and safe loan app in Pakistan, with top-notch digital security to protect all personal and transactional information of users.

If you need a quick and easy way to get a safe loan in Pakistan, consider the HBL loan app without thinking twice. HBL loan app has an excellent customer support system available 24/7, and an easy-to-use interface, making it a preferred choice.

The HBL loan app offers a high level of security and flexibility, allowing users to perform various financial tasks including money transfers, bill payments, and other related transactions, easily and safely.

HBL is among the best instant loan app Pakistan for urgent needs

How to download and get a loan from the HBL Loan App

• Go to the Google Play Store and download the app
• Register by providing an authentic mobile number for verification.
• Provide necessary information, such as your CNIC and other requirements.
• Follow the instructions and complete the application process.
• Read the repayment terms carefully.
• Choose the loan amount and apply for approval.
• Once you receive approval from the HBL loan app, they will send the money to your bank account.

Advantages of the HBL Loan App

• HBL is one of the quick loan apps in Pakistan where you can gain access to loans in minutes.
• With its low interest rates, HBL is considered the cheap loan app in Pakistan that prioritizes high-level of security.
• The HBL loan app serves as the ultimate financial solution for multiple tasks, such as borrowing loans, paying bills, and sending money.
• HBL is a safe and real online loan app in Pakistan that allows users to perform transactions with full protection.
• This loan app is available 24 hours to provide you with financial solutions and offers great
• customer service as well.
• The repayment terms of the HBL loan app are flexible and budget-friendly.

Below are the loan types, interest rates and repayment terms offered by the HBL loan app.

Easy Advance Loan: The HBL loan app provides an easy advance loan instantly, ranging from Rs. 10,000 to Rs. 1,500,000, with an interest rate of 2.99% per annum. The repayment duration ranges from 12 to 60 months.

Personal Loan: The HBL loan app offers personal loans quickly, ranging from 50,000 to 5,000,000 rupees. The interest rate on this loan amount is 3.99% per annum, with a payback period of 12 to 60 months.

Home Loan: The home loan offered by the HBL instant loan app ranges from Rs. 500,000 to Rs. 50,000,000 with an interest rate of 13.99% per annum. The repayment duration ranges from 12 to 240 months.

Car Loan: The HBL low-interest loan app also provides car loans ranging from PKR 200,000 to PKR 10,000,000 with an interest rate of 15.99% per annum. You can pay it back within 12 to 84 months.

Business Loan: The business Loan offered by the HBL loan app in Pakistan ranges from PKR 1,000,000 to PKR 200,000,000. The interest rate on this loan amount is 16.99% per annum, with a repayment tenure of 12 to 60 months.

SME Loan: The loan amount for SMEs by the HBL loan app ranges from PKR 1,000,000 to PKR 200,000,000, with an interest rate of 18.99% per annum charged on this loan amount within a payback duration of 12 to 60 months.

Agriculture Loan: The Agriculture Loan offered by the HBL loan app ranges from PKR 10,000 to PKR 10,000,000 with an interest rate of 20.99% per annum. You can repay it within 12 to 60 months.

Also read: Paisayaar Loan App | Get 1k-25K Urgent Personal Loan Via Mobile In Pakistan

UBank Loan App

UBank stands out as one of the most popular online loan apps in Pakistan that offers secure loans for both short and long terms.

The UBank Digital Loan App provides loans of up to 1 lakh to offer urgent financial assistance.
Whether you need a personal loan or a business loan for growth, UBank is available 7 days a week to provide loans and is always ready to assist its customers.

UBank Loan App offers a wide variety of loans within a reasonable budget. These loans help cover various expenses such as education, medical, or any other costs.

The UBank loan app also features low interest rates and various repayment options, so you can choose the best option that fits your budget. With a user-friendly interface, the UBank loan app makes it easy for users to navigate.

How to download and get a loan from the UBank Loan App

• You can download the UBank Loan App from Google Play Store.
• Sign up with your mobile number and verify your identity.
• Provide your CNIC and complete the application process.
• Choose your loan amount and submit it.
• Wait for a few minutes.
• After the approval of your loan, the money will be sent to your bank account by the UBank Loan App.

Advantages of the UBank Loan App

• UBank offers a wide range of loan types with low interest rates.
• As a fast loan app, UBank provides loans quickly within your budget.
• The UBank Loan App in Pakistan has affordable interest rates and transparent terms and conditions.
• UBank Loan App offers various options for repaying the loan.
• The UBank loan app is reliable and easy to use.

Following are the loan types offered by UBank loan app. The loan amounts, interest rates, and repayment terms are also mentioned below.

U Apna Karobar Loan: The UBank instant loan app provides U Apna Karobar Loan ranging from Rs. 10,000 to Rs. 1,000,000 with an interest rate of 34% per annum. The repayment terms range from 12 to 60 months.

MSME Secured Loan against Gold (Bullet): UBank provides MSME Secured Loan against Gold (Bullet) loans ranging from Rs. 500,000 to Rs. 1,000,000. The interest charge for this loan is 30.50% per annum, and the repayment terms range from 12 to 60 months.

MSME Secured Loan against Gold (EMI): With loan amounts ranging from PKR 500,000 to PKR 1,000,000, UBank offers MSME Secured Loan against Gold (EMI). The interest rate on this loan amount is 30.50% per annum, and the repayment period is 12 to 60 months.

MSME Plus Secured Loan against Gold (Bullet): UBank Loan App also provides MSME Plus Secured Loan against Gold (Bullet) with loan amounts ranging from PKR 1,000,000 to PKR 2,000,000. The interest rate for this loan is 30.50% per annum, with a repayment duration of 12 to 60 months.

MSME Plus Secured Loan against Gold (EMI): UBank offers MSME Plus Secured Loan against Gold (EMI) which ranges from PKR 1,000,000 to PKR 2,000,000, with an interest rate of 30.50% per annum. Repayment can be made within 12 to 60 months.

Agri. Passbook Qarza: The UBank loan app provides Agri. Passbook Qarza, starting from PKR 10,000 to PKR 100,000. The interest charge on this loan amount is 40% per annum, with a loan term of 12 to 60 months.

Agri. Loan for Small Farmers (CGSMF): The UBank loan app also offers instant agriculture loans ranging from PKR 10,000 to PKR 100,000 for small farmers. The interest rate on this loan amount is 40% per annum, and the payback period ranges from 12 to 60 months.

U Zarai Qarza: UBank fast loan app offers U Zarai Qarza, with the loan amount starting from PKR 10,000 to PKR 100,000. The interest charge on this loan amount is 40% per annum, and the repayment tenure ranges from 12 to 60 months.

Tractor & Equipment Loan: The UBank loan app provides 50,000 to 1,000,000 rupees loans for tractors and equipment with an interest rate of 25% per annum and a repayment duration of 12 to 60 months.

Home Loan: The home loan offered by the UBank loan app ranges from PKR 500,000 to PKR 2,000,000. The interest rate on this loan amount is 15% per annum, with a payback duration of 12 to 60 months.

Also read: SECP Cancels License Of 3 Leading Online Loan Apps In Pakistan

Akhuwat Loan App

Akhuwat is one of the leading interest-free loan apps in Pakistan that provides financial assistance to individuals for different purposes. The Akhuwat Loan App is Shariah-compliant and offers Qarz e Hasna, which means interest-free loans.

To qualify for these interest-free loans in Pakistan, individuals must meet the following eligibility criteria, including:

Eligibility Criteria to apply for Akhuwat Loan App

• Age group ranging from 18 to 62 years old.
• Valid CNIC with Pakistani nationality.
• Employment status and the ability to start or run a business.
• Applicants must not be in jail, and have a good reputation in society and moral character.

You can qualify for this loan either as a group of 2 to 6 people who wish to start a new business or on an individual basis.

To apply, you can submit your application online or visit a branch for the necessary paperwork. The team reviews your application, once your application is accepted, you will receive a notification from Akhuwat.

The money will be transferred to your bank account, and repayment is due on the 7th or 8th of the month.

For more details to avail an interest-free loan, visit the Akhuwat Foundation wesbite

Advantages of Akhuwat Loan App

• The Akhuwat loan app provides interest-free loans that comply with Sharia principles.
• The Akhuwat loan app provides quick and easy approval in a respectful manner.
• With various loan types available on the Akhuwat loan app, you can choose the loan according to your needs.
• The Akhuwat loan app has clear terms and conditions.
• The application process is streamlined.

Micro Loan: The Akhuwat loan app provides micro loans ranging from PKR 5,000 to PKR 100,000 with a 0% interest rate. The loan duration for a microloan is 6 to 36 months.

Small Business Loan: The Akhuwat interest-free loan app offers small business loans without any interest. This loan amount ranges from PKR 100,000 to PKR 500,000, and you can pay it back within 12 to 48 months.

Education Loan: The interest-free education loans by the Akhuwat loan app range from PKR 10,000 to PKR 200,000. The repayment tenure for this loan amount ranges from 6 to 36 months.

Agriculture Loan: With a loan amount ranging from PKR 25,000 to PKR 500,000, the Akhuwat loan app also offers agriculture loans without any interest. The repayment duration ranges from 12 to 60 months.

Also read: Exposing the List Of Fake Online Loan Apps In Pakistan 100+ {Updated}

Alkhidmat Loan App

If you are looking for interest-free instant loan apps in Pakistan, then the Alkhidmat Loan App is the best option for you. The Alkhidmat loan app offers interest-free microfinance loans to provide financial assistance to marginalized communities in society, with the mission of alleviating poverty.

Alkhidmat offers various loan types, including interest-free business loans and personal loans, to eligible individuals. To apply for a loan on the Alkhidmat loan app, applicants must meet the following eligibility criteria.

Eligibility Criteria to apply for Alkhidmat Loan App

• The age range is between 18 to 62.
• To apply, you need to complete the online application process.
• You should provide a valid CNIC (Computerized National Identity Card).
• You must be a citizen of Pakistan.
• A valid domicile copy is required.
• You must have the ability to start a small business.
• Four passport-size photos are required.

For further information, visit the official website of Alkhidmat

Advantages of Alkhidmat Loan App

• The Alkhidmat loan app provides loans with a zero-interest markup rate.
• In Pakistan, the Alkhidmat loan app is a reliable and convenient lending platform.
• The application process for Alkhidmat is also quite simple and easy.
• You can get quick approval without the need for long paperwork.

Microenterprise Loan: The Alkhidmat loan app provides interest-free microenterprise loans ranging from PKR 50,000 to PKR 500,000. You can repay this loan amount within 18 months.

Liberation Loan: The Alkhidmat zero-interest loan app also offers liberation loans ranging from PKR 50,000 to PKR 500,000. The loan repayment duration for the liberation loan is 12 months.

Orphan’s Mother Loan: The Alkhidmat loan app provides interest-free loans for orphan mothers ranging from PKR 50,000 to PKR 500,000. The payback time for this loan is 12 to 18 months.

What are the best instant loan apps in Pakistan

Here are the names of instant loan apps in Pakistan that provide loans with low interest rates.

• HBL Loan App.
• JazzCash Loan App.
• UBL Loan App.
• EasyPaisa Loan App.
• UBank Loan App.
• Alkhidmat Interest-Free Loan App.
• Akhuwat Interest-Free Loan App.

What are the advantages of instant loan apps in Pakistan?

• Quick Loan Approval.
• Easy and Convenient.
• Streamlined Application Process.
• Flexible Repayment Options.
• 24/7 loan Availability.
• Transparent Terms and Conditions.
• No collateral.
• Top-notch digital security.
• Great Customer Support System.
• Mobile phone Accessibility.

What are the disadvantages of instant loan apps in Pakistan?

• Non-Compliance with Islamic Principles.
• Short Repayment Duration.
• High-Interest Rates.
• Limited Loan Amounts.
• Hidden Fees.

Do instant loan apps in Pakistan are legal?

Yes, instant loan apps are legal in Pakistan. Loan apps that adhere to the regulatory measures set by the Ministry of Finance in Pakistan are considered legal loan apps in the country.

What are the loan types offered by instant loan apps in Pakistan?

Here are the loan types offered by the instant loan apps in Pakistan.

• Personal Loans.
• Business Loans.
• Micro Loans.
• Home Loans.
• Salary Loans.
• Quick Cash Loans.
• Ready Cash Loans.
• Cash Plus Loans.
• Car Loans.
• Agriculture Loans.
• SME Loans.
• Easy Advance Loans.
• Apna Karobar Loans.
• MSME Secured Loan against Gold (Bullet).
• MSME Secured Loan against Gold (EMI).
• MSME Plus Secured Loan against Gold (Bullet).
• MSME Plus Secured Loan against Gold (EMI).
• Tractor and Equipment Loans.
• Zarai Qarza Loans.
• Education Loans.
• Orphan’s Mother Loans.
• Liberation Loans.

How quickly can I expect to receive loans from instant loan apps in Pakistan?

The speed at which you can expect to access loans from instant loan apps in Pakistan varies, but generally, it depends upon the processing time. The instant loan apps mentioned in this article are known for their quick processing time and fast loan approval, often within minutes.

What are the typical eligibility criteria for applying to instant loan apps in Pakistan?

The eligibility Criteria to apply for instant loan apps in Pakistan include:

• Age: 18 above.
• Nationality: Pakistani.
• Authentic mobile number.

What is loan app in Pakistan?

In Pakistan loan app is an innovative solution for individuals who are seeking to borrow a loan urgently, without the need of loan paperwork.