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Guide on Online Process to Apply for Loan
Guide on Online Process to Apply for Loan
Home > Online Process for Loan Apply
So, How does Sarmaya Loan Application Work?
Online Process for Loan Apply
Online Steps To Apply for Loan at Sarmaya MicroFinance
Online Process for Loan Apply
Signup or Login:
- Register on the app and website with your CNIC, phone number, and basic details.
- Existing users can log in with their credentials
Select Loan Type:
Choose from a variety of loans such as Business Loans, Personal Loans Specialized Loans, etc.
- Fill Out Application:
- Provide details like loan amount, purpose, and repayment duration.
- Upload required documents (e.g., CNIC photo, utility bill, income proof).
- Application Review:
- Our team will verify your application and documents within 24-48 hours
Approval Notification:
- Get notified on your app, website dashboard and via SMS and email if your loan is approved.
Disbursement:
- Receive the loan amount directly in your bank account, zindagi, Easypaisa, or JazzCash wallet
Repayment Schedule:
- View your repayment plan on the app.
- Receive reminders for upcoming payments.
Repay Easily:
Pay installments through bank transfer, Easypaisa, or JazzCash.
- Signup or Login:
- Select Loan Type:
- Fill Out Application:
- Application Review:
- Approval Notification:
- Disbursement:
- Repayment Schedule:
- Repay Easily:
Flexible Repayment options
Final installment options for a loan will be decided based on your profile and inputs.
Your Personal Loan,
Your Way!
Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…
- General
- Loan Processing
- Repayments
Frequently Asked Questions
What is Sarmaya Microfinance?
Sarmaya Microfinance provides accessible and convenient loan solutions for individuals and businesses in Pakistan.
Who can apply for a loan at Sarmaya Microfinance?
Any Pakistani resident aged 18 or older with a valid CNIC can apply, subject to income and repayment capability.
What types of loans does Sarmaya offer?
We offer Business Loans, Personal Loans, and Specialized Loans tailored to meet your specific needs.
How do I apply for a loan?
- Sign up on our app or website with your CNIC and phone number.
- Select a loan type and complete the application with required details and documents.
What documents are required to apply for a loan?
You need to upload a clear photo of your CNIC, a recent utility bill, and proof of income (e.g., salary slip, bank statement).
How long does the loan approval process take?
Loan applications are reviewed within 24-48 hours after submission.
How will I know if my loan is approved?
You will receive an approval notification via SMS, email, and on your app or website dashboard.
How will I receive the loan amount?
Loan disbursements are made directly to your bank account, Zindagi wallet, Easypaisa, or JazzCash wallet.
What is the repayment process?
- View your repayment schedule on the app.
- Receive reminders for due payments.
- Pay installments through bank transfers, Easypaisa, or JazzCash
What happens if I miss a repayment?
In case of missed payments, you may incur late fees, and it could impact your credit score and future borrowing eligibility.
Can I apply for another loan while repaying my current one?
You can apply for a new loan after clearing your current one or as per eligibility criteria for multiple loans.
How can I contact Sarmaya for support?
You can reach our customer support team via email, phone, or the live chat feature on our app or website.
Is my information secure with Sarmaya?
Yes, we prioritize your privacy and use advanced encryption to ensure your personal and financial data is protected.
Are there any hidden charges?
No, all fees and charges, including the processing fee and interest rate, are transparently disclosed during the application process.
Can I prepay my loan?
Yes, you can prepay your loan at any time. Contact our support team to understand any applicable terms for prepayment.