Etisalat is one of the largest company in the United Arab Emirate. It provides quite many services to its customers, including prepaid services. Loan balance is one of the most frequently used services by borrowers who would require borrowing credit on the account when the balance runs low. You may have to need emergency airtime and a loan balance by Etisalat might seem like the best savior for you. So here’s a step-by-step guide on how to easily get hold of a 50 AED loan balance on Etisalat.
How to get an Etisalat loan balance (50 AED Credit)
The Etisalat loan credit facility is very convenient and one can even borrow with a mobile phone. Here’s how to do it
You can avail of this service and get mobile credit of up to AED 50 if you’ve been a prepaid user for a minimum of 2 months, with the usage of at least AED 10/month for Etisalat Loan Balance
Step 1: Via USSD Code
1. Dial *108*1# on your Etisalat prepaid number.
2. You will get an instant SMS showing that you have 50 AED credited to your account.
3. For subsequent top-ups, the loan amount along with a service charge of 0.50 AED will be auto-deducted.
Method 2: Via SMS
Open your phone’s SMS app
Type the word “LOAN” and send it to 1080.
You get a message with acknowledgment that you have had 50 AED added to your account
The credit will automatically be deducted while reloading with a service charge of 0.50 AED similar to the USSD
Method 3：My Etisalat UAE App
Etisalat Loan Balance For those who have mobile applications, you can easily borrow credit through the Etisalat UAE mobile application:
Download the Etisalat UAE App through the Google Play Store or Apple App Store.
Sign in with your mobile number.
Find the “Loan” or “Credit”
A touch or two, and you will find the loan amount for 50 AED.
You can credit any amount in total against your account
Who qualifies for the Etisalat loan balance?
For Etisalat Loan Balance, A good thing that should be set up first if one qualifies to get the service before moving directly into the process of acquiring the loan is: Etisalat has many conditions in the qualification of a user to receive a loan balance as shown below:
1. Prepaid customers only: the service applies to only prepaid customers. This service is not offered to postpaid customers.
2. Account usage: The account selected should be at least more than three months or 90 days.
3. Recharge History: You must have recharged for some over the last two months for a possibility.
4. Loan Limit: The loan amount goes up to 50 AED. You increase these amounts if and when you recharge in other ways differently and frequently over some time.
Now if you meet the requirements, then you are all set to borrow if you need credit.
Read More About UAE Packages
Important Things
Service charge:
For Etisalat Loan Balance, The service charge in Etisalat will be charged 0.50 AED as a service charge for every loan transaction. For example, if you are borrowing 50 AED, then on your next recharge you have to repay 50.50 AED.
- Auto debit:
The amount that you borrow along with its corresponding service charge will be auto-debited from your account. So make sure that the balance is available in your account once you recharge it for loan payment. - Loans:
In the initial stage, Etisalat offers a loan of 50 AED. As per recharge amounts and package usage, you may move up to even more extended loan amounts in the future. - Multiple Loans:
In case you would like to take additional loans, you may do so as long as the total amount of loans you are assigned does not cross the assigned maximum on the account, even if you do not reimburse any previous loan. - 4. Repayment Date:
- For Etisalat Loan Balance, You no longer need to rush to the repayment date but it will be good practice to recharge soon after borrowing so that you do not experience the discontinuity of services especially when relying on the regular usage of data or calls.
Terms & Conditions:
1. You can use Reserve Credit to buy a Non-Stop Silver data plan, send and receive local and international SMS messages, and make voice calls.
2. Wasel Prepaid customers having single account SIM can subscribe to any of the following Data Packs.
3. All the customers can avail of the play on-demand and start-stop data service respectively in addition to the above services.
4. Reserve credit loans can be used to subscribe to renew mobile content services. The service fee is charged as 20% on top of the mobile content subscription amount.
5. The Non-stop Silver data plan can be purchased as many times as needed and is not an auto-renewal pack.
6. To purchase the Reserve Credit Non-stop Silver data plan, the user must first subscribe to the Reserve Credit
7. The Reserve Credit balance does not expire
Reserve credit is an option that you can use to have your subscription automatically renewed the instant your mobile credit runs out.
Conclusion
However, the outstanding balance at Etisalat for a loan is an attractive offer for a prepaid user requiring contact but without being able to top up the account immediately. 50 AED are provided through a single USSD code, SMS, or application and at low cost with automatic payback. read more about Etisalat Packages
Once you know how to retrieve your loan balance, you can now play around with your phone fully knowing that you won’t run out of credit in the moment of need.
FAQS
1. What is Etisalat Loan Balance?
Etisalat Loan Balance: This is a promotion whereby the prepaid account holder can borrow airtime credit whenever all the balance is exhausted. The borrowed airtime for calling, SMS and mobile data will be automatically deducted at recharge.
2. How to acquire Etisalat credit loan?
You can take a credit either by any of the following:
USSD Code: dial 1081# and follow the subsequent commands
SMS: send a message to 1080 with just “LOAN”
Etisalat App: Upload your loan request directly through the My Etisalat UAE application.
3. What will be the service charge if anyone withdraws some Etisalat airtime credit as a loan?
Etisalat will charge you an AED 0.50 service fee with each loan.
4. What can I borrow from Etisalat?
A. Etisalat lends 50 AED to eligible users
5. How do I repay my Etisalat loan outstanding?
This loan amount and service charge will be automatically deducted from your next recharge. Your next recharge should be at least the amount of the loan and the service charge.
You can apply for Etisalat credits as many times as you want, but the amount applied should not exceed what is set for your account.
6. Who qualifies for the Etisalat loan balance service?
You qualify for an Etisalat loan balance if
You are a prepaid subscriber.
Your account is more than 3 months old.
You have recharged your account with the minimum amount during the last months.
7. Do loan credits exist for Mobile Data?
Yes, the credit loan is very versatile and can be used for calls, SMS, and mobile data. You will just go on using your phones the usual way and even with the borrowed amount.
8. If I already have an outstanding loan, Can I borrow Etisalat credit?
Yes. That is, so long as your total loan amount falls within or below the allowed amount by Etisalat, you can borrow more credits even though you already have outstanding previous loan basis on the condition that your total loan amount has to fall within or below the allowed amount by Etisalat.
9. How many days later will add loan amount to loan account?
It is sure and guaranteed, that if you want to take a loan from USSD code, SMS, or using My Etisalat UAE App then a certain amount of loan will be credit to your account instantly.
10. What would happen if I could not make my payment of Etisalat loan?
Any loan taken will be withdrawn automatically when the account recharge is done, and missed recharge will carry over the loan balance to the next recharge.
11. Can postpaid borrow credit from Etisalat?
No. The loan balance Etisalat service only applies to postpaid users. This service can never be brought by a postpaid user.
12. How to subscribe?
Dial *108*1# for loan subscription
13. How to Unsubscribe
Dial *108*2# for unsubscribe
