Citizens PAY DAY Loan is a digital lending service introduced by Citizens Bank International Ltd. to provide small short term loans to customers instantly, through bank’s mobile banking application. Customers need to use Citizens Bank’s mobile banking application “Citizens Smart”to register andapplyforCitizens PAY DAY Loan.Loan disbursement happens automatically after customer input digital CVV, agreed terms & conditions and the loan amount is deposited to customer’s account instantly thru virtual credit card.
The eligibility shall be determined by the decision analytics engine developed by F1Soft, which calculates the eligible loan amount by deposit/withdrawal pattern, deposit amount along with other criteria of each individual customer. Eligible customers can apply for Citizens PayDay Loan using our mobile banking app for loan amount up to NPR 200,000/-.