Ezee Loan is a mobile financial service in Uganda that allows users to quickly apply for and receive loans directly from their phones. It offers collateral-free loan solutions, does not require a credit card, and completes the entire loan application process online through the app.
The Ezee Loan App is primarily aimed at providing personal loan services with conditions and interest rates tailored to specific financial needs.
Ezee Loan contact information:
- Support email: [email protected]
- Contact phone number: 0707746943
- Ezee Loan headquarters: Plot 60, Nkrumah Road, Uganda.
Why is EzeeLoan Superior to Other Apps?
Below are some standout features of EzeeLoan that many users highly appreciate:
- Customers can easily access the necessary funds thanks to an automated and efficient approval process.
- The loan application process saves time and effort, with simple registration and approval done with just a few clicks.
- The app allows you to choose the loan amount and repayment term according to your personal needs, offering maximum flexibility.
- Loans from the app serve diverse purposes, from resolving financial difficulties to investing in the future.
Loan Details on the App
- Loan amounts range from UGX 50,000 to UGX 1,000,000.
- The minimum loan term is 90 days, and the maximum is 365 days.
- APR (Annual Percentage Rate) ranges from 14% to 32%.
- The app has no service fees for customers.
Example Loan Cost:
- Loan amount: UGX 160,000 (180 days)
- Total loan fee: UGX 25,600 (=UGX 160,000 * 32% (APR) / 2)
- Total amount to be repaid after 180 days: UGX 185,600 (160,000 + 160,000 * 32% / 2).
Conditions for Ugandan Citizens to Obtain a Loan
To quickly and conveniently access funds from Ezee Loan, customers need to meet the following requirements:
- Customers must be Ugandan nationals.
- A valid ID is required for identity verification.
- Borrowers must be between the ages of 18 and 60 at the time of application.
Easy Loan App Guide
Step 1: Choose the Desired Loan:
- Access the Ezee Loan app and select the amount you intend to borrow.
- Review information about interest rates, service fees, and the monthly repayment amount.
- Enter your phone number and click “Request Loan.”
Step 2: Verify Phone Number and Provide Personal Information:
- Ezee Loan will send a verification code (OTP) via SMS to the phone number you provided.
- Enter the OTP to verify and continue filling in personal information such as name, ID, date of birth, and residential address.
Step 3: Bank Account Information and Legal Documents:
- Provide your bank account number to receive the loan after approval.
- If necessary, you can provide additional documents to increase the likelihood of loan approval.
Step 4: Consultation and Loan Disbursement:
- An Ezee Loan representative will contact you to advise and confirm your loan information.
- The loan will be transferred to your account within 5 minutes once the application is approved.
- You will receive a notification via SMS when the loan is disbursed.
We hope the information provided by Ezee Loan will assist customers in meeting urgent financial needs. If you have any questions regarding Ezee Loan, please do not hesitate to contact us.
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