In this detailed review, we thoroughly examine EBL Pakistan, looking at all aspects in a fair and unbiased way. Our goal is to give readers a balanced view of this institution, pointing out its strengths and weaknesses, based on our careful analysis.
This honest review aims to help you make an informed decision and understand what to expect from EBL Pakistan.
Background of EBL Pakistan
When I started researching ebl Pakistan, I was surprised to find only a few online resources available. There is a website called eblpakistan.com, but it only has random products and doesn’t explain anything about the Online Earning System.
There are some Facebook pages with a small number of followers that seem to represent ebl Pakistan.
It seems like they are generating interest through offline advertisements and word of mouth. It is a multilevel marketing system mostly operating in rural areas of central Punjab. They haven’t provided much information online, so they might be conducting offline seminars and information sessions.
It seems a pyramid offline earning scheme with some account management system online.
Ebl Pakistan Real or Fake
In simple terms, this system exists in two states: real and fake at the same time. For early joiners, it appears to be a genuine opportunity, similar to various multilevel marketing or direct marketing systems in Pakistan.
However, as time passes and word spreads, the authenticity fades for those who join later, leaving them unable to earn significant benefits. This clear difference between early and late joiners emphasizes the complex dynamics at play within this system.
Video Review about EBL Pakistan
Here is our video review about EBL Pakistan.
EBL Pakistan Online Earning Reviews and Feedback
EBL Pakistan is a company that has garnered mixed reviews from users and critics alike. Based on the information available online, it is clear that there is a division in opinion about the legitimacy and reliability of this company.
On one hand, EBL Pakistan has a 4-star rating on Trustpilot, indicating a generally positive response from its users. However, it’s important to note that this rating is based on only 84 reviews, which may not be representative of the larger user base Trustpilot and it can be manipulated easily.
On the other hand, several sources have expressed skepticism about the legitimacy of EBL Pakistan. For instance, WebApkReview advises against using the EBL Pakistan Earning App, citing concerns about its legitimacy WebApkReview.
Similarly, Scamadviser gave ebl-pakistan.business.site a score of 66, signaling moderate trustworthiness Scamadviser.
Opinion on Youtube
Several YouTube videos have surfaced, raising questions about the legitimacy of EBL Pakistan. Some viewers have even gone as far as suggesting that it could potentially be a pyramid scheme.
The ongoing debate surrounding this topic has sparked curiosity and skepticism among the online community, as people strive to uncover the truth behind EBL Pakistan’s business practices.
EBL Pakistan is not Registered with SECP
Securities and Exchanges Commission of Pakistan is the authority that is responsible for registering new business corporations and govern over them for taxation and enforcement purposes.
When we searched for EBL Pakistan on SECP website, we did not find it there. Here is a screenshot for the search term “EBL Pakistan” on SECP companies search page.
Here is first screenshot when we searched for EBL as “name beginning with”
Here is the second screenshot when we searched for EBL Pakistan as “name beginning with”.
Here is the third screenshot for the search of “EBL Pakistan” as “name containing words”. Here, if there was a similar named company in the SECP records, that would also have showed up. This again proves that EBL is not registered with SECP currently.
Also, in October 2022, SECP issued a list of companies that were claiming to be registered with SECP but were not actually. That list also mentions EBL Pakistan as a company not registered with SECP.
Final Thoughts
In conclusion, while some users have had positive experiences with EBL Pakistan, there are significant concerns about its legitimacy and business practices. It’s recommended that potential users thoroughly research the company and consider these reviews before deciding to use their services.