Aitemaad-Quick Loan for Android

Instant microloans for Pakistan residents

Aitemaad — Quick Loan is a free mobile application created by 4SIGHT FINANCE SERVICES (PVT.) LIMITED to help Pakistani users access short-term personal loans quickly and conveniently. The app focuses on fast approvals and prompt fund transfers, allowing borrowers to request amounts up to Rs25,000 PKR with a straightforward digital process.

Regulatory standing and trust indicators

• The app is offered by an NBFC registered with the Securities and Exchange Commission of Pakistan, providing an added layer of regulatory oversight.
• The registered license number is SECP/LDR/104/4SFSPL/2023-95, issued in March 2023, which demonstrates formal compliance with applicable financial rules.
• Built to operate transparently, the platform emphasizes clear terms and documented fee structures so borrowers can verify conditions before accepting a loan.

What the service delivers

• Short-term repayment windows typically span 60 to 90 days, giving borrowers a defined schedule to settle their loans.
• Loan amounts can be tailored between Rs1,000 PKR and Rs25,000 PKR to match individual needs.
• Decisions are rapid: approvals are commonly issued in as little as five minutes and usually no later than one hour, followed by quick disbursement.
• Interest rates are presented openly; annual rates (APR) or equivalent pricing generally range from roughly 2% up to 12%, depending on the product and term.
• There are no concealed fees attached to the application process—charges are disclosed up front.

Eligibility criteria and how to apply

• Basic eligibility: you must be a Pakistani citizen, at least 18 years old, and possess a valid CNIC.
• Typical application flow: download the app, register with your CNIC and basic details, submit the requested documents, select the loan amount and term, receive an approval decision, and obtain the funds on approval.
• Processing times: after submission, expect an approval response in roughly five minutes to one hour under normal circumstances.

Worked example (transparent math)

To illustrate costs, consider a loan of Rs12,000 repaid over three months. If the quoted rate is 12% per year (an APR), that corresponds to about 1% per month. Over three months the interest would be approximately:

• Interest = 12,000 × 3% = Rs360
• Total repayable = Principal + Interest = Rs12,000 + Rs360 = Rs12,360

(Actual repayment schedules can vary by how interest is applied and whether fees or compounding are used; always review the specific loan schedule before accepting.)

Other options to consider

• Barwaqt — Loan Money Cash Free is cited as a recommended alternative for quick cash access.
• Compare multiple providers to find the combination of amount, term, and fees that best fits your situation before committing to one product.