Fulfill your dreams with a Faysal Personal Installment Loan. Now you can get a loan starting from fifty thousand only (50,000) and pay easy installments, at least one thousand and five hundred only (1,500) a month. So now is the time to fulfill your desires as everything is possible.
Faysal Bank Personal Loan Benefits
Improve Your Lifestyle: Get what you want, be it home appliances, a brand new watch or a smartphone.
Long Anticipated Vacations: Choose the final destination and travel the world with your loved ones.
Expenses of Education: Pay for your child’s education or enroll for advanced education or vocational certification.
House Renovation: To recreate your dreams and improve your speech in the House.
Unforeseen Expenses: Take care of your unforeseen expenses as well as consolidate your debt or outstanding bill.
Spend with ease: Enjoy a complimentary current account facility and cash-strapped Visa debit card for cash withdrawals and purchases around the world.
Faysal Bank Personal Loan Eligibility
| Items | Details |
| Age Limit of Businessmen & Experience of Key Decision Maker | · Min 3 years |
| Purpose of Loan | · Facility will be available to meet business needs.· The use of clear and intended funds should be from the borrower. |
| Financials: Leverage Ratio: Current Ratio: Profit Before Tax: Debt Coverage: Debtors Aging List: Cash Flows: | · As per the leverage policy of bank framework Min 1.0x · At least 3 year Positive Min 1.5x · Minimum 70% within 120 days · Operating activities flow the Positive cash · At least fifty percent (50%) of total sales from banking channels. |
| E-CIB Status | · For the last 12 months clean credit history,· No write-off or process in past with any bank |
Faysal Bank Personal Loan Requirements
Faysal Bank personal loan required documents are given below:
- Request letter for facilities of financing
- Loan Application Form and Debtors Basis Fact Sheet as prescribed by the State Bank of Pakistan (SBP)
- One valid copy of NTN
- One valid copy CNIC(s) of all directors/owners/key decision makers/partners
- Financials statement for last 3 years
- Profile of Company
- Credit terms with list of suppliers
- Credit terms with list of Buyers
- Details of security offered
- Any other documents or information required by the Bank
Faysal Bank Personal Loan Calculator
In order to know about Faysal Bank Personal Loan Calculator, please click the link below: https://www.faysalbank.com/en/personal/loans/#intro
Faysal Bank Personal Loan Interest Rate
Faysal Bank personal loan for fixed interest rate is in the range between twenty eight percent (28% – 38%). While the floating interest rate is in the range between (K+13) % – (K+22) %.
Faysal Bank Personal Loan Contact Number
For any queries, please contact on helpline center number: 021 111-06-06-06 or email at customercomplaint@faysalbank.com
Faysal Bank Personal Loan Online Apply
Interested candidates can click on the link given below and apply online
For Online Apply, please visit the link: https://www.faysalbank.com/en/personal/loans/?inpage_id=3293&apply=view