If you need CASH to meet your financial needs, Askari Personal Finance is the best for you. It will suit to the people having:
You may apply Askari Personal Finance to give the best education to your child, plan a perfect wedding, decorate your sweet home, debt consolidation, visit your favorite destination, buy a much desired gadget and more!
|Tenure of Loan||1 to 4 years|
|Minimum Age of Borrower||Salaried: 21 Years
SEB/SEP: 23 Years
|Maximum Age till Maturity of Loan||60 Years (Salaried-Permanent)
65 Years (Salaried-Contractual)
65 Years (Government Pensioners)
65 Years (SEB/SEP)
|Minimum Salary / Income||
|Finance Amount (subject to DBR)||Rs. 50,000/- to 4,000,000/-|
|Top-ups / Enhancement Loan||Top-ups / Enhancement facility after every 3 months.|
Branch Customer: 31% Fixed
Non-Branch Customer: 33% Fixed
Branch Customer: 33% Fixed
Non-Branch Customer: 37% Fixed
You can apply by visiting our Branches or by calling at our 24 hrs Voice & Virtual Center at 111-000-787. Our dedicated staff will help you complete your loan application form and other formalities.
You can also submit your details here, our staff will contact you.
2. Can overseas Pakistanis obtain Personal Finance facility from AKBL?
Yes. The individuals maintaining FC account with AKBL, Remittances/ Roshan Digital Account holders/ Holders of Naya Pakistan Certificates
Note: Facility can only be allowed In case of joint account maintaining with AKBL.
3. What is the minimum and maximum financing amount?
The minimum financing amount is Rs. 50,000/. The maximum financing limit will be up to 40% Debt Burden Ratio and as per SBP PR.
4. What would be the financing tenure?
Loan tenure is Minimum 01 year and maximum 04 years or as per prevailing SBP PRs.
5. What is the age criteria for applying AKBL Personal Finance?
Min: 21 Years to Max: 60 Years.
6. What is the minimum monthly income criterion?
Minimum monthly income of Rs. 35,000/- is required to be eligible for the AKBL Personal Finance.
7. In which area of the country one can avail Personal Finance form AKBL?
Personal Finance can be availed from all cities / Areas without discrimination.
9. What is the Application processing time?
The processing time of Personal Finance is 10 working days form login till approval subject to complete application with required documents.
10. What is the Application processing Charges?
It will be as per prevailing Schedule of Charges (SOC).
11. What is the repayment mode?
Payment of Equal Monthly Installment (EMI) comprising of principal and mark-up will be made through Direct Debit Authority (DDA) of borrower’s account maintained with AKBL.
12. Can I make balloon payments or premature termination of facility ?
Yes, Balloon payment or premature termination option is available for all customers. Charges will be applied as per prevailing Bank’s schedule of charges
13. What happens if I fail to fulfill your payment obligations?
In case of overdue / default, recovery department of AKBL will contact you, your loan related details will be reported to Credit Bureau. Late payment and cheque return charges may also be applicable as per prevailing schedule of charges. Legal proceeding may also be initiated by the Bank.
14. How will I get update of my Personal Loan Application?
Our Sales/ front end staff is quite supportive and always there to serve you. You can visit/ call or send email at our Customer Services center(s) as well.
Email Address: CustomerServices@askaribank.com.pk