Get Instant Cash with Bank Alfalah’s Quick Loan!
Need urgent cash? Bank Alfalah’s Quick Loan offers instant approval, competitive interest rates, and flexible repayment options. Apply now on ALFA app.
Life’s unexpected expenses? Bank Alfalah’s got you covered! Existing Bank Alfalah account holders can now get an instant loan of up to PKR 1 million through the ALFA app.
Bank Alfalah instant Loan
No Hassle, No Paperwork!
- Loan amount: PKR 50,000 – 750,000
- Tenure: 1-4 years
- Choose your amount and tenure
- Real-time installment calculator
- No physical documentation required
- 24/7 loan disbursement
Why Choose Alfa Instant Loan?
Hassle-free processing
Competitive interest rates
Fixed pricing
Multiple repayment options:
- Auto Debit
- Direct Debit
- Cross Cheque
- Drop Box
- Cash payment at branches
How to Apply?
1. Log in to the ALFA app
2. Select your loan amount and tenure
3. Get instant approval and disbursement
Download your Alfa app now click here
Terms and conditions apply. Existing Bank Alfalah account holders only.
Apply now and get instant cash with Bank Alfalah’s Quick Loan!
Bank Alfalah Instant Loan FAQs
1. When is the monthly installment due?
If you take out a loan before the 15th of the month, your monthly installment is due on the 1st of every month.
2. What is the processing fee?
The processing fee is PKR 5,000 or 2% of the loan amount, whichever is higher.
3. What is the maximum age to apply?
You must be 60 years old or younger to apply.
4. Who is eligible for an Instant Loan?
To qualify, you must:
- Have a good debt-to-income ratio (DBR)
- Maintain an average balance of at least 6 months in your account
- Have no overdue or defaulted consumer loans
- Have a minimum 1-year relationship with the bank
5. What is the interest rate?
The markup rate is 1-year KIBOR + 18%.
6. How many times can I get an Instant Loan?
You can avail of the Instant Loan facility only once.
7. Are there any additional or hidden charges?
No, there are no hidden charges.