Are you an Equity Bank customer looking for credit to finance your business or run other personal errands? Well, worry no more, as Equity Bank has rolled out various products tailored to meet the different needs of its customers.

Among the products is the Eazzy Loan, an easy-to-get loan without the need for guarantors or filled-out forms. Through this product, customers can secure loans ranging from Sh100 to Sh3 million, all without the need for physical bank visits or guarantors.

The loan application process is fast and effortless, and customers can do so in the comfort of their homes by simply dialing *247#.

Customers can also access Eazzy Loan via the user-friendly Equity Mobile App available for Android and iOS users or through Equitel’s menu for Equitel users, and the Equity Online for web-based banking enthusiasts.

Simple steps on How to get Eazzy Loan

To access EazzyLoan from your Equitel line:

• Go to Equitel menu
• Select My Money
• Select Loans
• Select Get Loan
• Select Loan Type
• Select Account
• Enter Amount
• Confirm Details
• Enter PIN

To access EazzyLoan from Equity Mobile App;

• Link your Equity account (if not yet registered)
• Select “Borrow”
• Select “Get a loan”
• Select loan type
• Enter amount

Equity Bank and Mastercard sign a Ten-year agreement to scale consumers’ Payment Experience

To qualify for this loan, you must have an active Equity bank account for the previous 6 months as well as an active Equitel Line or EazzyApp.

The Bank also requires borrowers to Channel their income through the account e.g. salary, farm proceeds, business income etc. so as to establish a good credit limit.

Besides easy access to loans, Equity provides a range of hassle-free loan repayment options tailored to its customers’ convenience, with the understanding that servicing your loans should be a straightforward and user-friendly process.

Here’s a breakdown of how you can easily and conveniently repay your loan:

Equitel STK (SIM Toolkit)

• Access the Equitel STK menu.
• Navigate to “My Money” and select “Eazzy Loan.”
• Opt for either partial or full payment.
• Choose your desired account.
• Input your PIN.
• Select the specific loan for repayment.
• Enter the partial payment amount if applicable.
• Confirm your payment details.

USSD – Dial *247#

• Dial *247#.
• Select “Borrow” and then “Pay Loan.”
• Pick the loan you intend to repay.
• Specify whether you’re making a partial or full payment.
• Enter the partial payment amount if applicable.
• Choose the account from which you’ll make the payment.
• Confirm your PIN.

Equity Mobile App/Online

• Launch the Equity Mobile App or access your account online.
• Navigate to the “Borrow” section.
• Select “Pay loan.”
• Pick the account from which you wish to make the payment.
• Choose the specific loan you intend to repay.
• Enter the full loan amount or the partial payment amount.
• Confirm your payment details and proceed with the payment.

EVA (Equity Virtual Assistant)

• WhatsApp – Save the number 0763 000 000 on your phone and start chatting with EVA or Click https://bit.ly/EquityVirtualAssistant
• Facebook Messenger – Search EquityEva or Click https://facebook.com/EquityEva
• Telegram – Search @Equitychatbot or Click https://bit.ly/EvaTelegramChatbot
• Proceed to the “Borrow” section.

The Significance of Timely Loan Repayments

Here’s why it matters:

• Fostering a Strong Credit Rating: Timely loan repayments shows your financial responsibility, contributing to a positive credit history. A favourable credit rating opens doors to better credit terms and higher loan limits in the future.
• Access to Favourable Loan Terms: A robust credit profile enables you to secure loans with lower interest rates, extended repayment periods, and more favourable terms. This translates to savings and reduces financial strain.
• Enhanced Financial Stability: Timely repayments prevent the accrual of additional interest and fees, aiding in maintaining your overall financial stability and keeping you aligned with your financial objectives.

To get started, download the Equity Mobile App via

Playstore:http://bit.ly/EquitymobileAndroid…

Appstore: http://bit.ly/EquityMobileIOS

or log on to https://equityonline.equitygroupholdings.com