easyloan: the smartest loan of Nepal

Have you ever wondered, what if your digital wallet could give loans too? Because we just did. eSewa has become the first ever digital wallet in Nepal to give loans. Introducing eSewa’s easyloan!  

In a groundbreaking move, eSewa, Nepal’s pioneering digital wallet, has once again taken a giant leap in transforming the digital landscape of Nepal, by becoming the first ever digital wallet in Nepal to give loans.  

Background  

Imagine needing extra funds urgently to get your things done, like adding up inventories or covering unexpected expenses. Taking a loan from financial institutions can be a lengthy and time-consuming process with heaps of paperwork.   

But how about if we simplified the process and lend our agents money within just a few taps. With our latest feature, easyloan, we have simplified this process where our agents can now apply for and receive loans quickly and easily through the eSewa App. This means we have saved our agents from time-consuming hassles and lengthy procedures.

With the launch of its easyloan, eSewa is setting a new standard in the financial technology sector, making it easier for small business owners to secure the emergency funds they need, all within just a few seconds. 

Who can get easyloan? 

The eligibility, assessment criteria, and considerations factor for easy loan are as follows:- 

Eligibility 

• KYC verified in eSewa. 
• Valid PAN and a business registration certificate. 
• Active on eSewa for at least six months. 
• Participation in both international and domestic ticketing. 
• Regular use of utility services including top-up. 

Assessment 

• Income is evaluated based on transaction count. 
• Income contribution from a concentrated group of customers. 
• Total transaction volume handled by the agent. 
• Total number of transactions processed. 
• Concentration of the customer base. 
• Consistent and timely loan repayment history to ensure future eligibility. 

Consideration 

• QR Standee acquired by eSewa.
• Transactions volume will be considered for loan amount.
• EMI settlements will be monitored after loan issuance. 
• Consistent on-time payments ensure eligibility for future loan 

How to get easyloan? 

easyloan is the financial super power you will always have at your fingertip. Users can get easyloan instantly from their eSewa App by following these simple steps 

• Login to eSewa App  
• Select easyloan from Financial Services  
• Select “easyloan” 

 

Tariff  

• Minimum Loan Amount: Rs. 50,000.  
• Maximum Loan Amount: Rs. 2,00,000. 
• Max interest: 18% per annum  
• Penal interest: 2% 
• Processing Fee: 0.75% 

 

With easyloan, our agents can now access easy, smart, and collateral free loan within just a few taps. We understand the importance of quick and reliable financial support, whether it’s to expand your business, stock up inventories, manage cash flow, or seize new opportunities. easyloan is designed to provide you, our agents, with the financial flexibility needed, precisely when you need it.  

easyloan is not only fast and reliable but also equally secure and transparent with easy application process and no hidden fees. This feature is specially designed to empower our agents with the tools and resources they need to succeed. By providing fast and reliable financial support, we aim to help you achieve your business goals and grow with eSewa. It’s our way of expressing how much we care about you and are always there to help you expand your professional horizons.