Top 3 Legal Loan Apps In Pakistan (SECP Verified) | Best Nano Loan Apps In Pakistan

After the incidents of loan app scams and blackmailing, SECP has started implementing orders to close all loan apps and remove them from the Play Store as soon as possible.

Meanwhile, it also released the list of legal loan apps, so till now SECP has allowed three loan apps to provide loan services in Pakistan, those three loans are:

Abhi – Your Salary Now!

Now, let’s discuss the loan limits and application process of these three loan apps and their terms & conditions.

SmartQarza-Loan App


Smart Loan App is the first app that we will talk about, SECP also approves it and it is number one in our recommended list.

  • Loan Amount Options:
    • SmartQarza offers loan amounts ranging from PKR 2,000 to PKR 25,000.
    • The possibility of securing a higher loan amount is available for repeat customers.
  • Low-Interest Rate:
    • SmartQarza is known for providing loans with a low interest rate, making it an affordable and accessible option for borrowers.
  • Transparent Terms:
    • The app is committed to transparency, ensuring borrowers clearly understand the terms and conditions.
    • There are no hidden charges, guaranteeing a straightforward borrowing experience.

Paisayaar-Urgent Cash Loan App


The second loan app in SCCP’s approved list is Paisayaar Now let’s talk about the loan amounts and terms and conditions of this loan app.

  • Maximum Loan Amount:
    • Paisayaar-Urgent Cash Loan App offers personal loans with a maximum amount of up to Rs 25,000, providing a flexible borrowing option for individuals in need of urgent cash.
  • Loan Term Duration:
    • Borrowers can choose a loan term that suits their needs, with options ranging from 60 to 90 days. This flexibility allows borrowers to tailor the repayment period to their financial situation.
  • NBFC License Authorization:
    • Paisayaar-Urgent Cash Loan App operates under the authorization of a Non-Banking Financial Company (NBFC) license, issued and regulated by the Securities and Exchange Commission of Pakistan (SECP). This ensures the app’s compliance with financial regulations and adds a layer of trust and security for its users.

Abhi – Your Salary Now!


The third loan app which is on our recommended list and also approved by SCCP is Abhi Your Salary. Now let’s talk about loan limits and the terms and conditions of this loan app.

  • Maximum Loan Amount:
    • “Abhi – Your Salary Now!” offers personal loans with a flexible loan amount range of Rs 25,000 to Rs 30,000, providing individuals with the financial support they need.
  • Instant Money Transfer:
    • Borrowers can expect quick and convenient access to their loan funds. Money is transferred directly to their bank account or digital wallet in less than 30 seconds, ensuring rapid access to the required funds.
  • Loan Term Duration:
    • The loan term for “Abhi – Your Salary Now!” spans from 60 to 90 days, allowing borrowers to select a repayment period that aligns with their financial situation and preferences.

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