Faysal Bank Interest Free Loan Scheme 2024 If you belong to Pakistan and you are in need and you are looking for a good loan and you want a bank that can provide you interest free loan then there is a very good news for you because Faysal Bank Giving interest free loans to its customers and other people.You just have to send an SMS and you will be informed about your eligibility for the loan if you are eligible or not.This loan from Faisal Bank is completely interest-free and is in accordance with Islamic principles.You can easily avail this loan to meet your needs and repay it later in installments.Details of Faisal Bank Interest Free Loan Scheme are given below
Faysal Bank Interest Free Loan Scheme 2024
If you need it in an emergency and you want to fulfill your need, then you can take a loan from Faisal Bank from 50 thousand to 4 million rupees, that too after only a few procedures.The process of applying for Faisal Bank interest free loan is also very easy, you can apply with few necessary documents.There are two ways to apply for a loan, you can apply online and you can also apply at home through SMS.You can get this loan for household needs, educational needs, marriage and other situations.Apart from this, this loan can also be availed for medical needs, that is, in case of any kind of emergency, you can contact Faysal bank.
Faysal Islamic Bank Personal Finance Key Features
This will be provided on Islamic Mode Tuwaruk
You can get a minimum loan of 50 thousand and a maximum loan of up to 40 lakhs through this scheme۔
After applying for the loan scheme, when you get the loan, its tenure will be from one year to four years, at which point you have to repay it in installments or in full.
The monthly installments that will be kept as per the bank’s consideration of the repayment of the loan will not be reduced.
When you apply for it, you have to pay the application processing fee which is 7 thousand rupees, then your application will be accepted.This fee will be non-refundable۔
If you pay the monthly installment of the loan late, you will be fined five rupees which you have to pay.
ٖFaysal Bank Personal Loan Eligibility Criteria
- Minimum age of 18 years and maximum age of 70 years to take loan from Faysal Bank then you will be eligible for it.Your age will be calculated as per Faysal Bank policies.
- If you have previously taken a loan from a bank and have not yet repaid it, you will be considered ineligible.
Monthly Income Details For Loan
| Salaried Persons | Business Man |
| If you are a salaried person i.e. working, then your monthly income will be 30 thousand then you will be eligible for it. | Apart from this, such persons who are businessmen or skilled should have a monthly income of up to one lakh rupees |
| If you are a salaried person, you should have a job letter or application card | Apart from this, if you are a businessman, you have to give your NTN number and you also have to give proof of business |
How to Apply for Faysal Bank Loan?
You can apply for this loan by following the above steps.
To apply, please visit Faysal Bank branches or call Contact Center at 021 111 06 06 06 or SMS “IPF” space “City Name” space “CNIC” at 9181.Bank will process the application and after few minutes you will get a reply as per your eligibility.
How Much Loan Can be Get by Faysal Bank?
If you are interested for this loan then you can take a loan from Faisal Bank from 50 thousand to 40 lakh.
What Profit Rate Set By Faysal Bank?
Faisal Bank requires that monthly sims will be same and no changes will be made
Is there Any Application Processing Fees?
Yes, if you want to apply, you have to pay an application processing fee of 7000/- PKR which is non-refundable.
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