Imagine the bank, which maintains payroll account, offer you small short-term loans, that is enough to cater to your temporary needs.
Learn Morefoneloan is your digital lending partner that enables you to get loan from your smartphone on-the-go. For the first time in Nepal, you can now get loan from your bank’s mobile banking app without any Collateral, Bank Visit or Paperworks through foneloan.
These pre-approved loans are available to banking customers deemed eligible by an automated analytics system as per the criteria set by banks. You can avail foneLoan for cash emergencies including medical expenses, purchases, travel and education expenses.
to your Mobile Banking app
with your details
your email address
your desired loan amount
Access foneloan for anything and everything you need or want.
Payday Loan is a digital lending service to provide small short term loans to customers instantly, through bank’s mobile banking application. The target customers are limited to salaried people, fonepay and the banks are planning to extend the services to the other customer who has a passive source of revenue including rental income, pension, and others.
Learn MoreThese pre-approved loans are available to banking customers deemed eligible by an automated analytics system as per the criteria set by the bank. Be it for cash emergencies, meeting regular needs or fulfilling ones wishes, foneloan is readily and instantly available to banking customers, anytime anywhere.
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Now it will be much easier to shop on credit. You can replace your credit card with Foneloan service. Here, you just need to scan the QR code through your mobile banking app and get an instant loan. You can then pay in equal monthly installments (EMI) or pay the whole loan amount at once.
Learn Moretotal registered users
no. of loans disbursed
loan amount disbursed
We have been closely working with F1soft from the beginning. The innovativeness and revolution in Digital Financing brought about by F1soft is surging and foneloan is one of the examples. We launched foneloan through Kumari Smart app around October 2020. Previously, there was only a 1 month payment modality in foneloan. However, with the higher demand and understanding the need of the eligible customers, now Kumari Bank offers foneloan in EMI and at the same time, customers can Buy Now, Pay Later while scanning QR to make purchase at any fonepay merchant.
Foneloan is quick, reliable, and convenient, which can be utilized as a backup fund at the time of emergencies and also to fulfill the customers’ desire then and there. The collateral-free instant loan is cheaper and neither requires bank visit nor any documentation. We encourage bank’s payroll account holders to avail foneloan digitally from Kumari Smart app in just a few clicks whenever you need and wherever you need. Foneloan, an instant loan at your fingertips.
I am overwhelmed to find such an amazing instant loan service which is quick to apply and easy to pay. The instant loan service that was available in one month modality has evolved to EMI loan, Buy Now Pay Later facility. The concept of buying now and paying at customer’s convenience has instilled confidence amongst customers like me that Nepalese banking is striving towards being at par if not better than international banking practices in terms of digitization of financial services. With your great hospitality and sincere service, we look forward to more such innovative features in days to come. On behalf of all customers, I would like to extend my appreciation to Kumari Bank for this endeavor and wish them the best for the future.
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