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Loans

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Loans

A loan is usually a certain amount lend to a borrower and is paid back with interest plus the principal amount. Many organizations and companies lend money to individuals as well as other companies. Today we shall take a look at the easiest access that is equity eazzy loan.

What is Equity eazzy loan?

This is a service offered by Equity bank. They give loans to persons who have active Equity bank accounts or active Equitel lines; the minimum activation period should be six months. The loans are instant, and you can access them through the Eazzy App as well as your equitel line.

Are there conditions to access the loans?

No, as I stated earlier, this is the easiest way to access a quick loan. As opposed to other money lenders, Eazzy loan does not require the filling of forms or signatures from guarantors. As long as your bank account or your equitel line has been active for six months or more, then you are eligible for a loan.

How to apply for an Eazzy loan

Applying for an Eazzy loan is very simple and fast. It would be best if you had your phone and an Equitel line. Here are the steps you should follow.

  • Go to Equitel menu
  • In the given options select My Money
  • Select Loans
  • Go ahead and Select Get Loan
  • Select the type of loan you need
  • Select the Account option
  • Enter the amount you need
  • Confirm the Details
  • Enter PIN
  • Click on the Options menu on the top left corner (=)
  • Finally, Log onto the Eazzy App

Within no time, you will receive your confirmation message that you have received the amount of loan you have requested. The Eazzy App helps you monitor your loan balance and also enables you to make repayments through the App. Equity eazzy loan offers up to Ksh three million.

Check the loan limit

How do you know your loan limit? Well, using your phone

Go to Equitel > My Money >Loans > Eazzy Loan > Loan Limit

Following these steps, you will get to know the maximum amount that you can borrow.

Do you know you can repay your loan using Mpesa? Apart from the Eazzy App, the other option of loan repayment is by using Mpesa. This is how to;

Go to your Mpesa Menu > select lipa na Mpesa > select Paybill > Enter the business number as 247427 > select account number and key in your account number > enter the amount you wish to pay > enter Mpesa PIN > Confirm your Transaction.

Equity Eazzy loan is the most convenient, easy, and quick loan to access in just a minute. All you need is an active Equity account or an active Equitel line that has been active for six months or more. No filling of forms or guarantors required.

Equity Eazzy app loans offer loans at a very low interest. If you are looking for a money lender that will be there for your needs when you are financially down, then consider opening an account with Equity or own an Equitel line, and you will not regret it.

 

 

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