Barwaqt App Review: Is Barwaqt App Safe for Loans in Pakistan?
If you’re looking for instant cash, chances are you’ve come across the Barwaqt App. It’s a popular digital loan app in Pakistan claiming fast approvals and easy repayment. But the big question remains—is the Barwaqt App safe for loans in Pakistan?
In this in-depth review, we’ll dive into how the app works, its pros and cons, its safety status, and whether you should trust it in 2025. Let’s clear the financial fog.
What is the Barwaqt App?
The Barwaqt App is a mobile loan application that offers short-term, unsecured loans to individuals in Pakistan. It markets itself as a “fast, digital loan solution” with minimal paperwork and quick disbursement—often within hours.
The app is available on the Google Play Store and has been downloaded over a million times. It offers loans ranging from PKR 1,500 to PKR 25,000, with repayment periods ranging from 91 to 180 days.
On the surface, Barwaqt seems like a modern, easy fix for urgent financial needs. But behind the sleek UI, is it really legit?
How Does Barwaqt App Work?
Getting a loan through Barwaqt is simple, but not without risks.
Application Process:
- Download the app from Play Store.
- Register using your CNIC and mobile number.
- Submit documents like a selfie, income proof, and job info.
- Get loan approval based on their internal AI algorithm.
- Receive funds directly into your mobile wallet or bank.
The app uses AI-based scoring, meaning your employment, phone usage, and financial activity all influence the loan amount and approval rate.
Key Features of Barwaqt App
| Feature | Details |
| Loan Range | PKR 1,500 – 25,000 |
| Tenure | 91 – 180 Days |
| Interest Rate | 24% – 50% APR (variable) |
| Processing Fee | 5% – 10% |
| SECP-Registered? | ❌ Not officially licensed (2025) |
| Data Security | Questionable permissions |
Is Barwaqt App Legal & Safe in Pakistan?
This is where it gets serious. According to the SECP, Barwaqt is not listed under any licensed NBFC (Non-Banking Finance Company) as of 2025. That means it operates in a regulatory grey area.
Apps like Barwaqt are not illegal by default, but they’re also not protected under SECP’s digital lending framework, which includes:
If you’re considering using Barwaqt, know that your data, repayment terms, and complaints won’t be backed by SECP.
For more on this, check out this official SECP lending advisory on loan app regulations.
Common Complaints from Barwaqt Users
Online reviews offer a mix of praise and pain. Here’s what people are saying:
These red flags should not be taken lightly. In 2025, safe borrowing means smart borrowing.
Pros & Cons of Using Barwaqt App
Pros:
- Fast approval and disbursement
- Low entry requirements
- Available nationwide
Cons:
- Not SECP-regulated
- Potential data misuse
- High interest and processing charges
- Poor customer support
Barwaqt vs SECP-Approved Loan Apps
If you’re thinking of using Barwaqt, you should also explore safer options regulated by SECP. Apps like EasyPaisa Advance, JazzCash Loan, and Tez Financial Services are backed by licensed NBFCs.
| App Name | SECP Licensed? | Loan Cap (PKR) | Safe to Use? |
| Barwaqt | ❌ No | 25,000 | ⚠️ Risky |
| EasyPaisa Advance | ✅ Yes | 15,000 | ✅ Safe |
| Tez Financial | ✅ Yes | 50,000 | ✅ Safe |
How to Stay Safe While Using Loan Apps
If you must use Barwaqt or similar platforms, here’s what you should do:
- Never share your contacts or gallery access with any loan app.
- Read app permissions before clicking “Allow.”
- Use apps only from Google Play Store.
- Check the SECP list of registered lenders before borrowing.
Financial safety is your right—and your responsibility.
Related Tools for Financial Safety
Want to go beyond loan apps and take control of your money? Learn about:
- Difference Between Job and Business
- How to Check Tax Payer Status
- What is NTN Number
- Trademark Registration in Pakistan
- Meaning of Non-Filer
If you need help with tax filing or personal finance, check out Waystax, your financial partner for stress-free compliance.
Final Verdict: Is Barwaqt App Worth the Risk?
In 2025, the Barwaqt App is still operating—but with no SECP registration, limited support, and serious privacy concerns, it’s not a recommended choice.
If you’re stuck in an emergency, it might feel tempting to go with fast options like Barwaqt. But with legal risks and emotional stress involved, it’s smarter to go with regulated apps that guarantee your safety and peace of mind.
Always research before borrowing—because your phone shouldn’t become your debt collector!