Alfalah Personal Loan

In life, we all fall short sometimes. But don’t worry, Bank Alfalah is here to ensure your financial stability. With Alfalah Personal Loan, get customized financing without any collateral requirement and pay in easy monthly installments.



Basic Product Features

  • Financing facility starting from PKR. 50,000 up to PKR. 3 Million
  • Tenure ranging from 1 to 4 Years
  • No security/collateral requirement
  • Complimentary orbits on sign-up
  • Both fixed and variable pricing options available.

Why Alfalah Personal Loan?

  • Hassle-free processing with minimum documentation
  • Affordable markup rates
  • Partial prepayment option
    • You can lower your instalments by making a partial prepayment of the outstanding principal
    • A maximum of 1 partial payment is allowed in a year (a year is equal to 12 instalments from the date of disbursement). Each partial payment cannot be more than a total of 6 instalments
  • Loan top-ups/enhancements for more financing
    • You can top up the loan amount based on revised income and repayment history
  • Multiple repayment options
    • Non-Checking Account
    • Direct Debit
    • Cross Cheque
    • ATM
    • Internet Banking
    • Mobile Banking
    • Cash Payment at branches
  • Multiple income sources allowed for higher loan limits
    • You can club more than one source of income to avail a higher loan limit. A maximum of 2 eligible secondary sources/businesses are allowed
  • Balance transfer facility for outstanding personal loan(s) and credit card(s)
    • You can better manage your outstanding personal loan(s) and credit card(s) of other banks by consolidating and transferring them under one instalment loan
  • Special Discounts and Minimal Documentation for existing Bank Alfalah account holders and customers
    • Existing Bank Alfalah customers and account holders can enjoy discounted rates based on their relationship tenure, average balance and history with the Bank with minimal documentation
Apply Now Or you can apply for Alfalah Personal Loan at the branch.
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