# Easypaisa and JazzCash loans: how much you can borrow and what it costs

URL: https://which.pk/money/guides/easypaisa-loan/
Author: Hassam Imtiaz
Updated: 15 Oct 2026

## Summary

easypaisa's easycash lends Rs 200 to Rs 25,000 and JazzCash's ReadyCash Rs 100 to Rs 50,000, as of October 2026. Both charge 5% a week in the app, capped at 40% per loan, so Rs 10,000 for four weeks costs about Rs 2,000 and never more than Rs 4,000. easypaisa by USSD charges a flat 20% per 30 days. The 'APR 32% to 40%' easypaisa advertises is the total charge on one loan, not a yearly rate. JazzCash may report non-payment to SBP's eCIB.

## Key facts

- Max loan: Rs 25,000 vs Rs 50,000
- App charge: 5% a week, max 40%
- Rs 10,000 for 4 weeks: About Rs 2,000
- JazzCash due date: 28 days, max 56

An easypaisa loan, called **easycash**, gives you **Rs 200 to Rs 25,000** with no documents, and JazzCash's **ReadyCash** lends **Rs 100 to Rs 50,000** to selected users, as of October 2026. Both charge **5% a week** in the app, capped at **40%** of the loan. So **Rs 10,000** borrowed in the easypaisa app for four weeks costs about **Rs 2,000**, and never more than Rs 4,000.

**Borrow Rs 10,000 for 4 weeks:** About Rs 2,000 on either app (5% a week for 4 weeks, from easypaisa's October–December 2026 schedule (loan cycles 1 to 30) and JazzCash's ReadyCash page. If easypaisa's weekly charge compounds, as its schedule suggests, it is Rs 2,155. You repay about Rs 12,000 to Rs 12,155.)

## How much can you borrow from easypaisa and JazzCash?

| | easypaisa easycash | JazzCash ReadyCash |
|---|---|---|
| Loan amount | Rs 200 to Rs 25,000 | Rs 100 to Rs 50,000 |
| Who gets it | Pakistani citizens in Pakistan | Selected users, based on credit score |
| Documents or security | None | None |
| Charge in the app | 5% a week, max 40% in 8 weeks | 5% a week, max 40% per loan |
| Charge by USSD | Flat 20% per 30 days | Not listed separately |
| Due date | Charges run up to 8 weeks in the app | 28 days, up to 56 days |
| Late fee | App: none. USSD: 5% after 2 days | None found; auto-debit after 28 days |
| Charges set by | easypaisa Bank's schedule | Mobilink Microfinance Bank's schedule |

easypaisa figures are from its October–December 2026 schedule of charges, its website and its App Store listing. JazzCash's are from its ReadyCash page as captured on 1 September 2026, and Mobilink Microfinance Bank's Q3 2026 schedule of charges.

The limit you see in either app is your own. easypaisa's maximum is Rs 25,000 on its loans page and App Store listing. Older pages mention lower limits, but we couldn't open them to check, so we use the current figure. We also couldn't confirm how easypaisa decides who qualifies; its old eligibility FAQ no longer loads.

## What are easypaisa loan charges on Rs 10,000?

easypaisa's schedule sets the charge by "loan cycle" and by how you borrow:

| Loan cycle | In the app (per week) | By USSD (flat, per 30 days) |
|---|---|---|
| 1 to 30 | 5% | 20% |
| 31 to 60 | 4.5% | 18% |
| Over 60 | 4% | 16% |

In the app, the charge is weekly and "compounded on outstanding principal every 7 days", up to a maximum of **40% in 8 weeks**. The schedule doesn't spell out the maths, so here are both readings for Rs 10,000 at 5% a week:

| You repay after | Charge at 5% a week | Charge if it compounds weekly |
|---|---|---|
| 1 week | Rs 500 | Rs 500 |
| 2 weeks | Rs 1,000 | Rs 1,025 |
| 4 weeks | Rs 2,000 | Rs 2,155 |
| 6 weeks | Rs 3,000 | Rs 3,401 |
| 8 weeks | Rs 4,000 (the 40% cap) | Rs 4,000 (the 40% cap) |

By USSD, the same Rs 10,000 costs a flat **Rs 2,000** (20%) for each 30-day period. There is no saving for repaying in week one.

The schedule says the markup is worked out per day used. If you settle early, though, any markup already taken for the unused days is kept as an "early repayment fee". So don't expect money back once a weekly charge has been taken.

easypaisa's App Store listing gives its own example: borrow **Rs 20,000** for a 60-day minimum tenor, pay a **32%** service fee of **Rs 6,400**, and repay **Rs 26,400**.

**The advertised APR of 32% to 40% is the cost of one loan, not a yearly rate:** easypaisa's easycash page and App Store listing say "Maximum Annual Percentage Rate (APR): 32% – 40%". That is not an annual rate. It matches the total charge on a single loan: the 40% cap over 8 weeks, or the 32% fee in the listing's 60-day example. easypaisa's own schedule annualises Daraz PayLater's 16% a month as an APR of 192%. By that same method, 20% per 30 days by USSD works out at 240% a year (our calculation). We follow the dated schedule of charges and show the cost in rupees.

## What is the JazzCash loan interest rate?

JazzCash's ReadyCash page lists a charge of **5% a week**, with a standard due date of **28 days** and a maximum tenure of **56 days**. Mobilink Microfinance Bank's Q3 2026 schedule, which sets JazzCash's branchless banking charges, says 5% a week "for only 8 weeks", with a **maximum of 40% per loan**.

For Rs 10,000, that is **Rs 2,000** at the 28-day due date and at most **Rs 4,000** if you take the full 8 weeks. JazzCash says repaying early reduces the total charge.

Two related JazzCash products carry similar pricing:

- **ReadyLoad** (mobile loads and packages on credit): 5% a week, for up to 8 weeks.
- **Instant loans for merchants**: a daily fee of 1%, for up to 28 days, so at most 28% per loan.

## How do I get an easypaisa loan?

You need an easypaisa account; personal loans are only for Pakistani citizens in Pakistan, according to the App Store listing.

1. **Open Easycash.** In the easypaisa app, tap **Easycash Loan** on the home screen. On a basic phone, dial **\*786\*7#** and press **1**.
2. **Choose the amount.** Pick an amount up to the limit shown and tap next.
3. **Accept.** In the app, tap **Get Easycash** and fill in any details asked. By USSD, you get a confirmation SMS and enter your PIN to accept the terms.
4. **Receive the money.** It goes into your easypaisa account.

Before you accept, check whether you're borrowing in the app or by USSD. For a loan you'll repay within a week or two, the app's weekly charge costs less than USSD's flat 20%.

## What is the JazzCash loan limit and how do I check it?

ReadyCash is offered to selected users based on their credit score, with limits from Rs 100 to Rs 50,000. To check yours, open the JazzCash app, select **ReadyCash Loan** and look at your eligible limit. Then enter an amount and review the details before you confirm. The money goes straight into your JazzCash wallet. ReadyCash is also available by USSD and at checkout.

Third-party sites quote other JazzCash limits, such as Rs 10,000 or Rs 30,000. These conflict with JazzCash's own page, so we don't use them.

## Can you get Rs 50,000 from easypaisa?

Not through easycash, which tops out at Rs 25,000. easypaisa lists **Sarmaya Qarza** personal financing and Buy Now, Pay Later as separate loan products; we didn't check the limits for Sarmaya Qarza. Of the two wallet loans here, only JazzCash ReadyCash goes up to Rs 50,000, and only for users it selects.

easypaisa's Buy Now Pay Later, for QR payments, bills, mobile packages and easyload, costs **10% for 14 days** or **20% for 30 days**, with a one-time 5% late fee on what you still owe.

## How do I repay an easypaisa or JazzCash loan?

- **easypaisa:** tap the same Easycash icon in the app to repay in full or in part, or dial \*786\*7# and press 2. easypaisa says the repayment period runs "from the day of disbursement to no less than 60 days". The schedule charges USSD loans per 30 days, so treat 30 days as the charge period, and check the due date in your app.
- **JazzCash:** repay in part or in full at any time through the app, by USSD or at a JazzCash retailer.

The easypaisa app can also pay loans from other lenders, such as Easyloan by Sarmaya or House Building Finance Company, under Payments > Loan Repayments.

## What happens if you don't repay on time?

- **JazzCash:** after 28 days, JazzCash may auto-debit your wallet until the loan is fully recovered. If you don't repay, it may report you to SBP's **eCIB**, the State Bank's credit bureau, as a defaulter.
- **easypaisa by USSD:** a **5%** late fee on the outstanding principal, after a 2-day grace period.
- **easypaisa in the app:** the schedule lists **no late fee**, and charges stop at the 40% cap.

We couldn't find any easypaisa page that says whether it reports unpaid easycash loans to eCIB or auto-debits your account.

## Who is the lender, and do loan-app price caps apply?

easycash is run by **easypaisa Bank Ltd.**, formerly the branchless banking service of Telenor Microfinance Bank. It got SBP approval for commercial digital banking on 28 January 2025, becoming Pakistan's first digital retail bank, Profit reported. Some older easypaisa pages still say Telenor Microfinance Bank. JazzCash's loan charges appear in the schedule of **Mobilink Microfinance Bank**, the bank behind JazzCash's wallet services.

You may have read about SECP's 2023 caps on loan apps. They limit a loan from a single app to Rs 25,000, tenor to 90 days, and total cost, including late penalties, to no more than the amount borrowed. Those rules cover SECP-licensed lending NBFCs (non-bank finance companies). easypaisa Bank and Mobilink Microfinance Bank are banks regulated by SBP. We couldn't find or open an SBP rule on bank-run digital loans, so we can't say the SECP caps apply to easycash or ReadyCash.

If you're comparing other ways to borrow, see [credit cards compared](/money/guides/credit-cards-pakistan-compared/).

More guides: [easypaisa vs JazzCash](/money/guides/easypaisa-vs-jazzcash/), [digital banks in Pakistan](/money/guides/digital-banks-pakistan/), [loan apps in Pakistan](/money/guides/loan-apps-pakistan/), [Loans](/money/loans/), [Money](/money/).

## Questions people ask

### How much loan can I get from easypaisa?

easypaisa's easycash lends from Rs 200 up to Rs 25,000, with no documents or security, as of October 2026. Your own limit shows in the app when you tap Easycash.

### What are easypaisa loan charges on Rs 10,000?

Under the October to December 2026 schedule, an app loan in loan cycles 1 to 30 costs 5% a week: about Rs 2,000 if you repay after four weeks (Rs 2,155 if the weekly charge compounds), and never more than Rs 4,000, the 40% cap. By USSD (*786*7#) it is a flat 20%, Rs 2,000, per 30 days.

### What is the JazzCash loan interest rate?

JazzCash ReadyCash charges 5% a week, with a standard due date of 28 days and a maximum of 56 days. Mobilink Microfinance Bank's schedule caps it at 40% per loan, and repaying early lowers the total.

### What happens if I don't pay a JazzCash or easypaisa loan on time?

JazzCash says it may auto-debit your wallet after 28 days and may report you to SBP's eCIB credit bureau as a defaulter. easypaisa adds a 5% late fee on the outstanding amount for USSD loans after a 2-day grace period; its schedule lists no late fee for app loans.

### How do I apply for an easypaisa loan?

Open the easypaisa app, tap Easycash Loan on the home screen, choose an amount and tap Get Easycash, or dial *786*7# and press 1. Repay from the same Easycash icon, or option 2 on *786*7#.

## Sources

- [Schedule of Bank Charges, Branchless Banking, October 2026 to December 2026](https://easypaisa.com.pk/public-information/Schedule-of-Bank-Charges/Schedule-of-Bank-Charges-Branchless-Banking-English.pdf), easypaisa Bank (accessed 15 Oct 2026)
- [Easycash Loan](https://easypaisa.com.pk/easycash/), easypaisa Bank (accessed 15 Oct 2026)
- [Loans](https://easypaisa.com.pk/loans/), easypaisa Bank (accessed 15 Oct 2026)
- [FAQs (easycash and Loan payments sections)](https://easypaisa.com.pk/faqs/), easypaisa Bank (accessed 15 Oct 2026)
- [easypaisa app listing](https://apps.apple.com/pk/app/easypaisa-mobile-account/id1227725092), Apple App Store (listing by Easypaisa Bank Limited) (accessed 15 Oct 2026)
- [JazzCash ReadyCash loan (Internet Archive capture, 1 September 2026)](https://web.archive.org/web/20260901044630/https://www.jazzcash.com.pk/borrow-money/readycash-loan), JazzCash (accessed 15 Oct 2026)
- [Branchless Banking Schedule of Charges, Q3 2026](https://mobilinkbank.com/assets/documents/SOC_Q3_2026_-_Final.pdf), Mobilink Microfinance Bank (accessed 15 Oct 2026)
- [SECP strengthens measures to prevent predatory lending in Digital Nano Lending (7 August 2023)](https://web.archive.org/web/20260511150026/https://www.secp.gov.pk/wp-content/uploads/2023/08/Press-Release-Aug-7-SECP-strengthens-measures-to-prevent-predatory-lending-in-Digital-Nano-Lending.pdf), SECP (accessed 15 Oct 2026)
- [SECP imposes pricing caps on digital personal loans (25 September 2023)](https://web.archive.org/web/20250625213848/https://www.secp.gov.pk/wp-content/uploads/2023/09/Press-Release-Sep-25-SECP-imposes-pricing-caps-on-digital-personal-loans.pdf), SECP (accessed 15 Oct 2026)
- [Easypaisa set to drive Pakistan's fintech revolution with backing from Telenor and Alipay](https://profit.pakistantoday.com.pk/2025/01/30/pak-china-collaboration-easypaisa-becomes-pakistans-first-digital-bank/), Profit (Pakistan Today) (accessed 10 Oct 2026)