Bank Alfalah

Overview

Bank Alfalah’s Digital Personal Loan offers a fully automated, paperless experience where you can apply, get approved, and have funds credited to your account in under 60 seconds. No forms, no branch visits — just instant financial freedom from the comfort of your phone.

What you get

Speed: Funds in your account instantly
Ease: Apply anytime, anywhere through the Alfa App
Flexibility: Choose your loan amount & tenure to match your budget
Transparency: Clear EMI display with no hidden charges
Control: Option for partial prepayment or early settlement

Features & Offerings

Instant Approval & Disbursement

Loan in your account in under 60 seconds.

Fully Digital Journey

Apply, sign, and receive funds via Alfa App.

Flexible Tenure

Choose repayment terms from 12 to 48 months.

Custom Loan Amounts

Finance up to PKR 750,000.

Auto-Debit Repayment

No missed payments, no stress.

Real-Time Loan Tracker

Monitor your loan anytime in the app.

Product Offerings

Cash Loans: Fulfill your financial needs without worrying about upfront cash. Whether it’s a holiday retreat with your loved ones, quality education, wedding or improving your lifestyle; you can get custom made instalment plans up to 4 years.
Electric Bikes & Scooty Financing

Eligibility

Bank Alfalah Account Relationship: At least 1 year.
Loan Amount: Minimum PKR 50,000 to PKR 750,000.
Loan Tenure: 1-4 Years.
Mark up Rate: 1 year Kibor + 18%.
Average Balance: 6 months average balance minimum benchmark.
Credit History: Customer should never have defaulted in any consumer loan / consumer credit facility or should not have any overdue payment.
Debt Burden: Must meet debt burden requirement.
Account Type: Only personal / individual accounts in Bank Alfalah.
Terms and Conditions Apply.