Smart FoneLoan
Smart FoneLoan is a digital lending service that facilitates small short-term pre-approved loans to individual customers instantly, through the Laxmi Bank Mobile Money app. This service, in essence, can be considered as a Virtual Credit Card for the customer.
Why should you choose Laxmi Bank
Contactless Digital Lending
Collateral-Free Loan
Pre-Approved Loan
Financing Terms & Conditions
- Max loan amount: NPR 2 Lakhs
- Permissible Loan Amount Determinants
- Average Monthly Salary or Regular Deposits in Account
- Monthly Balance with Continuity and Utilization
- Status of existing Loans & History of previous Loans in Bank
Eligibility Criteria
- Must have a savings account maintained in the bank with regular transactions.
- Must be a registered user of Laxmi Bank Mobile Money
- Amount of loan is determined automatically by Decision Analytics Software based on the account and transaction history of the customer
- You will be able to know if you are eligible for the Smart FoneLoan in the app itself.
To know more about Smart FoneLoan, please Click here
Borrowing Power Calculator
Find out how much can you borrow with your current income.
Apply for a Loan
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