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Bank Alfalah Instant Loan requirements

In life, we could get into a situation that requires urgent cash. Bank Alfalah offers an instant loan service of up to PKR 1 M to existing (selected) Bank Alfalah account holders, through the ALFA app, and that too without the hassle of paperwork and branch visits (the Terms and Conditions!)

Alfa’s convenient and efficient process allows a customer to instantly avail of a loan with just a few taps on their mobile phone screen. Just log in to Alfa to take advantage of the hassle free loan now!

Bank Alfalah Instant Loan Benefits

1.      Minimum loan: 50,000

2.      Maximum loan: 1,000,000

3.      Minimum tenure: 1 year

4.      Maximum tenure: 5 years

5.      Freedom to select quantity and tenure according to needs

6.      Real-time installment calculator (provisional) when selecting amount and tenure

7.      No physical discomfort

8.      No documentation

9.      Real-time loan disbursement 24 hours a day, 7 days a week

Bank Alfalah Instant Loan Further Benefits

1.      Hassle-free processing without any documentation

2.      Industry competitive affordable markup rate

3.      Fixed pricing

4.      Multiple Repayment Options

5.      Auto Debit / Direct Debit

6.      Cross Cheque

7.      Drop Box

8.      Cash payment at branches

Bank Alfalah Instant Loan Eligibility Criteria

Banking relationshipAt least 1 year
Loan AmountMinimum 50k – Maximum Loan amount 1M
Loan Tenure1-5 Years
Mark up Rate1 year Kibor + 18%
Average Balance6 months average balance minimum benchmark
Credit HistoryCustomer must never take defaulted in any customer loan or must not have any unpaid payment
Debt BurdenMust meet debt burden requirement
Account TypeOnly personal / individual account at ALFA, are qualified for Instant Loan

Bank Alfalah Instant Loan Calculator

Click on the link and calculate instant loan finance on Instant loan calculator https://www.bankalfalah.com/personal-banking/loans/alfalah-instant-loan-calculator

Bank Alfalah Instant Loan Apply Online / Bank Alfalah Alfa App 2021

Click the link to download your alpha app for online apply https://play.google.com/store/apps/details?id=com.base.bankalfalah&hl=en&gl=US

Or visit your nearest Bank Alfalah branch for instant loan application. Click to discover branches; https://www.bankalfalah.com/branch-atm-locator/

Bank Alfalah Contact Information

Address: Bank Alfalah Ltd, Plot No. 80, 10th Comm. Street, Phase IV, D.H.A, Karachi, Pakistan

Phone: 111-225-111

Email: contactus@bankalfalah.com

Website: www.bankalfalah.com

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