Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Alfalah Auto Loan
|
Alfalah Home Finance
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | Private Sector Employees: Minimum 21 years, maximum 65 years (at loan maturity); Government Sector: Minimum 21, maximum 60 | Salaried: 25 years until retirement; Self-employed: 25-70 years |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | PKR 200,000 to PKR 3,000,000 | Up to 80% financing of property value |
| Repayment tenure | Vehicles up to 1000 CC: 2 to 5 years; Vehicles above 1000 CC: 2 to 3 years | Flexible repayment tenures from 3 to 25 years (3-10 years for Home Solar Finance) |
| Life insurance coverage | — | |
| Financed Amount | — | — |
| Security Deposit | — | — |
| Minimum monthly income (Salary, ) | PKR 30,000 | PKR 75,000 |
| Eligibility | Nationality Requirement: You must be a Pakistani National Identity Card holder | Citizenship: Valid CNIC/SNIC/NICOP/POC holder; Minimum Experience 2 years (Permanent employees), 3-5 years (Contractual employees) |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | Tenures of up to 5 years | Up to 25 years |
| Tentative rate | 1 year KIBOR rate on the 1st of the month will be used to determine the rate for the entire month | — |
| Additional Benefits | — | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | 2 Years KIBOR + 3.50%; 3 Years KIBOR + 4.00%; 4-5 Years KIBOR + 4.50% | Local Salaried 1 Year KIBOR + 3%; Self Employed / Businessmen / Others 1 Year KIBOR + 4%; Non-Resident Pakistani 1 Year KIBOR + 4% |
| Loan Amount | Financing Limit: PKR 200,000 to PKR 3,000,000 | — |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | — |
| Flat rate | — | — |