Allied Bank offers a flexible personal loan solution that can help Pakistanis meet a variety of financial needs — from sudden medical expenses to home renovations. Whether you are a salaried employee or self-employed, their personal finance option is designed to offer competitive mark-up rates, easy documentation, and convenient repayment terms.
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Table of Contents
| Feature | Detail |
| Loan Amount | From PKR 30,000 to PKR 3,000,000 |
| Repayment Tenure | 12, 24, 36, or 48 months |
| Interest / Mark-Up Rate | Based on 1-Year KIBOR plus bank spread |
| Processing Fee | 1% of the loan amount (min PKR 2,000) |
| Collateral | None required for salaried applicants (unsecured) |
| Prepayment | Allowed after 6 months, with some conditions |
| Eligibility — Salaried | Pakistani national, age 21-59, stable income |
| Eligibility — Self-Employed | Pakistani national, age 21-64, business income proof |
What Is Allied Bank Personal Loan Pakistan?
Allied Bank’s personal loan — also called Allied Personal Finance — is a type of unsecured term financing designed to help people in Pakistan cover costs like weddings, education, medical bills, or home improvements. Because it is unsecured, you don’t need to pledge any property or asset, which makes it more accessible. Information is based on the official Allied Bank website.
Who Is Eligible for This Loan?
Eligibility depends on whether you’re salaried or self-employed:
- Salaried Applicants
- Pakistani national
- Age between 21 and 59 years
- Stable monthly income
- Salary credited to a bank account
- Self-Employed / Business Professionals
- Pakistani national, 21–64 years old
- Minimum business tenure
- Proof of consistent income through financial statements.
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Required Documents for Allied Bank Loan
- CNIC copy
- Salary slips (last few months) or business financial statements
- Bank statements (usually for 6 months)
- Employment verification or proof of business
- Passport-size photographs
How to Apply for Allied Bank Loan
- Visit the Official Allied Bank Website: Go to https://www.abl.com/personal-banking/personal-loan/
- Use the Loan Calculator: Estimate your monthly installment (EMI)
- Check Eligibility: Verify age, income, and employment criteria
- Prepare Documents: Gather CNIC, bank statements, salary slips, etc.
- Submit Application: Apply online or at the nearest branch
- Verification Process: Bank verifies employment, income, and credit score
- Get Approval: Loan approved based on bank policy
- Disbursement: Funds transferred to your account.
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Key Benefits of This for Allied Bank Loan
- Unsecured: No collateral needed
- Flexible Tenure: 12–48 months
- Transparent Charges: Processing fee clearly stated
- Prepayment Options: Partial prepayment allowed after 6 months
Common Things to Consider
- Mark-up rate is based on KIBOR plus bank spread
- Processing fee is 1% of the loan amount (min PKR 2,000)
- Prepayment policies may vary, check bank guidelines
- Stable income improves approval chances
Helpline & Contact
- Official Website: https://www.abl.com/personal-banking/personal-loan/
- Customer Helpline: 111-225-225
- Branch Visit: Speak to a loan officer for in-person guidance
Conclusion
Allied Bank Personal Loan Pakistan is a reliable option for salaried or self-employed individuals who need flexible, unsecured financing. With clear eligibility, easy documentation, and competitive repayment terms, it covers a wide range of personal financial needs. Always apply through the official Allied Bank website to ensure a safe and accurate process.
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FAQs
What is the minimum amount I can borrow?
Allied Bank offers personal loans starting from PKR 30,000.
What is the maximum loan tenure?
You can repay over up to 48 months (4 years).
Can self-employed individuals apply?
Yes, with proof of consistent business income.
How fast is the loan disbursed?
Funds are usually transferred within a few working days after approval.