Check out Eazzy Loan from Equity Bank if you want a loan without putting up any security or filling out any paperwork.
If you are looking for a loan that requires no paperwork and no security, then you should check out Eazzy Loan from Equity Bank.
Equity Bank, a commercial bank in Uganda designed the Eazzy loan service to help their customers borrow money simply and swiftly from the bank’s digital platforms. This service is available to both regular remittance customers and business customers.
The best thing about this loan is that it’s simple and no guarantors or documents are required in the process. If a person is qualified, they can instantly receive up to UGX 3,000,000 on their phone with a 1 month payment period.
Below is more important information about this loan type.
Key features of Eazzy Loan
- There are loans available for both single-month and recurring monthly instalments.
- Your account is immediately credited with the money.
Requirements for signing up for the Eazzy Loan
- You must have had an open Equity bank account for the past six months to be eligible for this loan.
- You need a functioning USSD, such as the Eazzy banking app or Eazzy 24/7. If you do not already have an account, you can open one right away by dialling *247# from your current number. You can then pick up your Equitel line from the Equity Bank branch or Equity Agent of your choice that is closest to you.
- Credit limits show the maximum amounts one can borrow at a time.
Benefits of Equity Bank’s Eazzy Loan
- Favourable interest rates.
- A flexible 30-day repayment period is available.
- Borrowing is permitted up to UGX 3,000,000/=.
- Loans are processed quickly and deposited into your account.
How to Apply for the Eazzy Loan
Below are simple steps on how one can apply for the Eazzy Loan. This can be done from anywhere, say your home or workplace without necessarily visiting the bank.
- Access the Eazzy Banking application available on Android devices, and iOS. You can also access it the traditional way using the USSD code by dialing *247#.
- Select the type of loan you want
- Choose Eazzy loan limit / Loan requests.
- Enter the amount of money
- Agree to the terms and conditions.
- Put in your pin and proceed.
Conclusion
There are several reasons why we would recommend signing up for the Eazzy loan. The first is that you receive the loan instantly on your phone, saving you valuable time.
Imagine lining up at the bank to apply for a loan. Very tiring right? Next is that it offers a flexible repayment period of up to 1 month. And lastly, this loan facility is safe and secure.
So if you need money quickly, we advise that you try the Eazzy loan from Equity Bank and don’t forget to check out their requirements.
