Instant Loan Limited

Pay less, save more... 
Apply from the comfort of your office, 

APPLY NOW

To expedite the eligibility assessment process, please provide us with your 3 most recent pay slips and your employment ID card. These documents will help us accurately evaluate your financial standing and determine your eligibility for our loan product & services. Rest assured that all information provided will be kept confidential and used solely for the purpose of your loan assessment
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Instant Loan Limited
For all your personal needs, including school fees, family events, travel, funeral, medical expenses, bride price, personal good purchases, refinancing, and other reasonanble purposes. Plan it with Instant Loan. We have the lowest interest rate and a simple and the most efficient loan approval process.  We do it via digital channels.

Eligibility

All civil servants and SOE employs are eligible to apply for a loan...

Application Process

To apply, request an application form via ask@instantloanlimited.com or WhatsApp number +675 79539525. Complete the application form and return the scanned copy email or WhatsApp.

Requirements

1. 3 x latest pay slips 2. Copy of valid IDs 3. Employment confirmation letter from HR 4. Payroll entry plus PVA 5. Current 1-month bank statement 6. Meet 50% of NET salary take-home pay .

Loan Term & Interest Rates

Download our loan repayment schedule

Loan Disbursement

Are scheduled on Wednesdays and Fridays.

F.A.Q

Instant Loan Limited is specialized in providing Instant fund to our valued customers.

We offer:

CONSUMABLE LENDING at 2 %
K500 - K10,000 

REFINANCING at 1.7% 
K3000 - K10,000
1. 3 x current Pay Slips (stamped by payroll division)
2. HR confirmation Letter (confirming employment status, annual salary & allowance to be certified by Senior Human Resource Personal ONLY)
3. Valid Employment ID
4. Bank statement of primary salary account (recent 1 month as at date of application)
5.Permanent Variation Advice [PVA]/Irrevocable Salary Deduction Authority (ISDA)

We lend only to Government employees who are on the Alesco Payroll. Public Servants who are not on the Alesco Payroll system are not eligible.
We also lend to employees of state-owned Enterprises (SOEs) that are connected to the Alesco Payroll System.
PRODUCTAMOUNTPER %PERIOD
1K500 - K2000 2%13 FN
1K2050-K5000 2%26 FN
1K5000-K10,000 2%39 FN

PRODUCTAMOUNTRATEPERIOD
4K3000-K5000 1.7% 26FN
4K5050-K10,000 1.7% 39FN

1. Refinancing with an INCREMENT:
    (Increment is 30% of the refinance amount under same rate          of 1.7 %; normal interest rate will apply on increment      amounts exceeding 30% threshold and to be repaid over same repayment period as refinance amount)
2. Increase your NET SALARY    
(Replace existing higher repayments amount based on higher interest rates with affordable repayment plan)
3. MAKE SAVINGS

Contact & LOCATION

  • Central Waigani Stop & Shop
  • Instant Loan Limited P.O. Box 541 Section 33, Lot 1-9 , Steamship Compound, Waigani Central, NCD Papua New Guinea

We located at Central Waigani Stop & Shop, Steamship compound, in-between digitech and voda phone, our signboard and security will be at the door.