Secured cash / quasi-cash collateral financing allowed for individuals to meet their personal, family, and household needs. MCB offers more than 5M PKR instant loan for every Pakistani nationals with minimum age of 21 who get salaries from any institution or department, retired, freelancers or housewives.
MCB Instant Loan Scheme Eligibility Criteria
1. 21 years and over.
2. Resident national of Pakistan.
3. Salaried workers, freelancers, retirees and housewives
MCB Instant Loan Scheme Financing
> PKR 0.050M – PKR 5.000M
MCB Instant Loan Scheme Collateral
1. MCB Term Deposits, Special Term Deposits.
2. MCB Foreign Currency Deposits / Accounts.
3. Active Cash Fund, Cash Administration Optimizer Fund, Pakistan Cash Management Fund, Metro bank, Pakistan Sovereign Fund, MCB Islamic Fund, Pakistan Income Enhancement Fund, Pakistan Income Fund.
4. Protection Valid Certificates (DSCs), Distinct Reserves Certificates (SSCs), Regular Income Certificates (RICs), government securities.
5. Other Bank’s securities (subject to approval of MCB Bank)
MCB Instant Loan Scheme Availability
Capacity accessible at more than 200 branches spread all over Pakistan.
MCB Instant Loan Calculator
MCB Personal loan calculator is available in the link go and calculate the MCB personal loan finance https://www.mcb.com.pk/calculator/personal-loan
MCB Instant Loan Apply Online / MCB Contact Information
Fill the form present in the link with your concern requirements the MCB staff will contact you back for more information https://www.mcb.com.pk/customer_services/contact-us