Barwaqt Loan Download App

Barwaqt Loan Download App

Barwaqt Loan App offers loans to all Pakistanis. Loans are provided with this app different kinds in five minutes. Pakistan has over one crore users of this App. Loan amounts offered by the Barwaqt Loan App range from 21,000 to 25,000 rupees. Any Pakistani can apply for a loan using this App by simply presenting their national ID card.

 

 بروقت  لون ایپ تمام پاکستانیوں کو قرض فراہم کرتا ہے۔ بروقت آف لون ایپ کے ساتھ مختلف قسم کے لون پانچ منٹ میں فراہم کیے جاتے ہیں۔ پاکستان میں بروقت  لون ایپ کے ایک کروڑ سے زیادہ صارفین ہیں۔ بروقت  لون ایپ کے ذریعہ پیش کردہ قرض کی رقم 21,000 سے 25,000 روپے تک ہے۔ کوئی بھی پاکستانی صرف اپنا قومی شناختی کارڈ پیش کرکے بروقت  لون ایپ کا استعمال کرتے ہوئے قرض کے لیے درخواست دے سکتا ہے۔

What Is the Barwaqt Loan Maximum Limit?

  • Loan Amount Range: From PKR RS: 1,500 to PKR 25,000
  • Maximum and Minimum Loan Term: from 61 days to 90 days
  • APR (Annual interest rate): 24%
  • Maximum APR: 24%
  • Other fees: 0

For Example Barwaqt Loan

  • The following fees apply to the computation of PKR 6000 over three months:
  • Monthly markup rate: 24% / 12 = 2%
  • Total markup: PKR 6000*2%*3=PKR 360
  • Total Repayment amount: PKR 6000 + PKR 360 = PKR 6360
  • Monthly payment amount: PKR 6360/3=PKR 2120

How To Get a Loan

  1. On your Android Phone, download the Barwaqt App from the Google Play Store.
  2. Enter your cellphone number when registering.
  3. Complete the application, attach a clear photo of yourself, and send it in.
  4. Await approval before starting the payout process.

How To Apply For Loan

Navigate to the Barwaqt application and register there. You will get an email or SMS confirmation after completing the registration process. Once you’ve been approved, decide how much you want to borrow and when you can pay it back. Following these actions, you have to wait for the inspection to be completed. Once this process is finished, the credit amount will be given to you. Finally, you choose the installment payment option to pay back the loan balance after obtaining it.

 

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