Fri. Mar 29th, 2024
Akhuwat Loan- Interest Free Loan - Online Apply 2023

Akhuwat Loan

Akhuwat Loan is a non-profit organization founded in 2001 on the Islamic principle of Muwakhat, meaning solidarity, with the aim of providing interest-free loans to poor people, i.e., people who are in need or own. If you want to start a small business, you can take this loan. This is an Islamic loan that does not have interest. You can take this loan without interest. Here we give you this loan. I will give complete details about taking.

Registration for the Akhuwat Loan Scheme 2023 has started. The Akhuwat Loan Government of Pakistan has started. Now, all Pakistanis who belong to the poor class can get loans from the Akhuwat Foundation without interest. The information will tell you the answers are made mandatory for the Foundation. Akhuwat Foundation’s primary goal is to eradicate poverty in Pakistan, giving interest-free loans to people all over Pakistan.

Akhuwat Loan- Interest Free Loan - Online Apply 2023

Akhuwat Loan Apply Online

This Akhuwat Loan Scheme 2024 online registration has been released. If You want to apply we will guide you on how you can apply. If you want to build a house in five marlas, how much loan can you get? In this article, we will tell you all that information.

If you want to register online, go to your official website, download the form, and write a complete application explaining why you want it and describe it in detail so it’s easy to read. And send it to the Aim office near your home After the application is reviewed, you will get details and all the documents required for loan approval will also be reviewed.

Required Documents

Follow the following factors.  

Applicant’s CNIC.  

Applicant’s income certificate. 

Applicant’s family certificate. 

The applicant must have a guarantor who is from his family.  

Applicant’s electricity bill such as gas bill.  

It must be accompanied by the marriage certificate of the applicant

Akhuwat Loan- Interest Free Loan - Online Apply 2023

You can also apply for Prime Minister Youth Loan.

If you also want to get a loan from Akhuwat then you must have a few things if you must have a five marla plot on which you want to build a house it must be three hundred and sixty yards if you apply there If they can, they will examine you, investigate you, and ask your neighbors about you.

What is your citizenship if you are of good character with me you do not have any unethical illegal activities and how will you pay back their loan amount your monthly income will be seen

  • AIM lending policy includes the disbursement of interest-free loans through group lending
  • Deciding on the naming convention depends on the specific needs of the product and the project.

Apply For Loan   

Eligibility Criteria Free Loan

  • The applicant must have his head identity card
  • Applicant must not be running a business and must be between 18 to 62 years of age
  • Applicant must be economically active
  • The applicant should not be involved in any criminal activity
  • Applicants must be of good social standing and character
  • The applicant must provide at least two references related to family members, and senior government officials for the applicant at any time.

Important Documents For Applying

CNIC front back copy 

A CNIC copy of two guarantors is mandatory.

If outside guarantors are available then guarantors ’ CNIC.

If outside guarantors are not available then Any family member’ CNIC.

Akhuwat Loan- Interest Free Loan - Online Apply 2023

All these documents are required by the Akhuwat so that they can identify the applicant, the management information system can verify the applicant, and the bank needs these documents to recover the loan.

You can also apply BMO Harris Express Loan Pay.

Akhuwat loan scheme Important Steps

To start the Akhuwat Loan Scheme process, you must first apply. The application fee varies from

  • The applicant will arrange all the documents and visit the nearest Aim branch to submit the loan application.
  • The Program Manager will review the documents provided and if the application meets the eligibility criteria for the Direct Loan Scheme 2023, approval will be granted.
  • Eligible candidates will fill and submit the approved application form, their staff will provide a form and assist in making all demands on the situation.
  • The manager will check all the documents again and then start the application process
  • The loan is approved within three to four weeks
  • Loans are granted in a ceremony that usually takes place in a mosque.

Akhuwat Loan- Interest Free Loan - Online Apply 2023

Those who belong to the lower class and have the ability to run a business have no economic activities.
So for them, Akhuwat Company has launched a loan scheme under this game. They will be provided with free loans and easy payments. You may also Check  Jazz Cash Loan 

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Loan Type

Loan Type Rupee Range in PKR Duration Application Fee in PKR
Family Enterprise 10,000 to 50,000 10 to 36 Months 200
Agriculture 10,000 to 50,000 04 to 08 Months Not
Liberation Loan 10,000 to 100,000 10 to 36 Months 200
Akhuwat Housing Loan 30,000 to 100,000 Up to 36 Months 200
Education 10,000 to 50,000 10 to 24 Months 200
Health 10,000 to 50,000 10 to 24 Months 200
Marriage 10,000 to 50,000 10 to 24 Months 200
Emergency 10,000 to 50,000 10 to 24 Months 200
Equipment and build School 25,000 to 150,000 Up to 36 Months 200
 

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