Smart Sapati Loan

Instant Balance, Anytime, Anywhere

Interest Rate: 0%-14%

The Smart Sapati Loan is a modern, technology-friendly microloan product designed to provide quick and easy access to small amounts of credit through a mobile banking service. This loan is aimed at users who need a small amount of money when their mobile banking account balance is low, ensuring financial flexibility and convenience.

Loan Limits
  • Minimum: NPR 10
  • Maximum: NPR 5,000
Interest Rates
  • No interest for loans up to NPR 1,000 if repaid within 24 hours.
  • For amounts exceeding NPR 1,000 and beyond the 24-hour period, an interest rate of 14% applies.
Application Method
  • Applications can be made when the balance in the designated mobile banking account falls to the minimum level.
  • Mobile banking users can apply for the loan by filling in their personal and financial details through the smart loan facility in the mobile banking app.
Process of Borrowing
  • Application: Users can apply through the mobile banking app by providing necessary personal and financial information.
  • Credit Information: The user’s credit will be evaluated based on regular or monthly savings deposits made at least once within the past 90 days and ensuring no previous loan defaults.
  • Approval: Users who pass the credit assessment will receive automatic approval.
Repayment
  • The loan amount must be repaid within 30 days from the date of borrowing.
  • Repayment can be conveniently made through the same mobile banking app.

Features of Smart Sapati Loan

Easy Access

Quick application and approval process through the mobile banking app.

Convenient Repyament

Repay within 30 days directly through the mobile banking app.

Flexible Loan Limits

Borrow amounts ranging from NPR 10 to NPR 5,000.

Interest Free Period

No interest on loans up to NPR 1,000 for the first 24 hours.

Benefits of Smart Sapati Loan

Quick and Convenient: Immediate access to small loans when needed.

No Hidden Fees: Transparent interest rates with no interest on small loans for the first 24 hours.

Seamless Application: Simple and fast application process via the mobile banking app.

Financial Flexibility: Helps manage short-term financial needs without hassle.

Disclaimer

The terms and conditions of the Smart Sapati Loan are subject to change at the discretion of the lender. All loans are provided based on eligibility and the ability to repay. The interest rates and terms are indicative and may vary. Borrowers are advised to read and understand all loan agreements and terms before proceeding. The lender reserves the right to reject any loan application that does not meet the required criteria.