Akhuwat Foundation is Non-Government Organization That Provide Interest Free Loan or Loan at Very low Interest to the Poor and Needy People Who Need Money to Fulfil Their Financial Need .i.e. For Education, For House & For Marriage etc. In following Akhuwat Loan Post , We Will Provide Complete Detail About Akhuwat Interest Free Loan Scheme 2022.
If You Are Struggling to Get Bank Loan , or Getting Loan at Very High Interest, don’t Worry. You Should Apply Akhuwat Foundation Loan Scheme 2022. You can Loan at Very Low Interest Rate As Compared to Other Banks in Very Few Easy Steps.
The Complete Detail About The Akhuwat Foundation Loan Products, How to Apply For Akhuwat Foundation Loan Scheme 2022, Who Can Apply For Akhuwat Loan 2022 Online Apply, Akhuwat Qard-e-Hassan loans 2022Application Form etc.
Any Pakistani Who Belong to Poor Family and Struggling to get Loan For their Needs Like Education, House, Marriage Can Apply For Interest Free Loan Through the Akhuwat Qard-e-Hassan loans 2022 Application Form.
Brief Introduction Of Akhuwat Foundation
Akhuwat is a not-for-profit organization which was founded in 2001 on the Islamic principle of Mawakhat (مواخات) or solidarity.
|Organization Type||Non- Profit|
|Founded By||Dr Muhammed Amjad|
|Branches||800+ Brancjes in Different Cities|
Who Can Apply For Akhuwat Foundation AIM Loan 2022
- Applicant Must have a Pakistani Valid Original CNIC Cards.
- Applicant must be Running a Personal Business and be between 18-62 Years old.
- Applicant must have to Provide 2 Persons as a Guarantors. Guarantors Can be his Family Member or Friend or Relatives.
- Applicant must have a Good Social Repute in Society and Should not involved in any Criminal Activity.
- Applicant must be Living in Area Within Radius of 2 to 2.5 Km Radius From the Akhuwat Branh Office.
- Both the Male and Female Can Apply For AIM Interest Free Loan.
After Applying For Akhuwat Foundation Loan Online Apply 2022, A Member From Akhuwat Foundation Will Visit the Loan Applicant and will Verify All the Detail Provided. If He/she Found any Misleading Information Provided by the Applicant , he/she can Cancel his Loan Application.
Akhuwat Foundation AIM Loan Product 2022
Akhuwat Foundation Provides Interest Free Loan to the Needy and Struggling People For Family Enterprise Loan, Agriculture Loan, Liberation Loan, Education Loan, Housing Loan, Marriage Loan etc.
|Family Enterprise Loan||85 – 90||AIM offers family enterprise loans to establish a new business or expand an existing one. AIM would like to continue to emphasize the provision of such loans.||Range: From Rs. 10,000 to Rs.50,000Duration: 10 – 36 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/-|
|Agriculture Loan||5-10||These loans are given to small farmers, includinglandless farmers/tenants, according to an eligibilitythe criterion for purchasing agriculture inputs and meeting ancillary expenses.||Range: From Rs. 10,000 to Rs 50,000Duration: 4-8 monthsProfit Rate: 0%Interest Rate: NoneInitial Application fee: None|
|Liberation Loan||2 – 1||These loans are given to those who have takenloans from the exploitative money lenders to save themfrom undue interest rates. AIM will pay off the balanceamount to the money lenders in one go and return,the borrower will pay back the principal amount to AIMin easy installments.||Range: From Rs. 10,000 to Rs.100,000Duration: 10-36 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/-|
|Housing Loan||2 – 1||The purpose of the housing loan is to provide a financingfacility for the renovation of houses, construction ofrooms, roofs, walls, etc.These are given to those low-income families who occupya piece of land or house up to 5 Marlas, and theirfamily size increases to or above 8 individuals.||Range: From Rs. 30,000 to Rs.100,000Duration: Up to 36 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/-|
|Education Loan||2 – 1||The objective of an education loan is to extend interest-free loans to highly deserving students who haveexhibited excellent academic results belonging tolow-income backgrounds and whose parents cannot bear the education expenses. Parents orstudents will pay back the principal amount to AIMin easy installments.||Education Level: Post Matric up to masterRange: From Rs. 10,000 to Rs. 50,000Duration: 10 – 24 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/-|
|Health Loan||2 –1||Health loan is given to those poor people sufferingfrom serious illnesses and ailments who do not havecontingency savings.||Range: From Rs. 10,000 to Rs. 50,000Duration: 10 – 24 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/|
|Marriage Loan||2 – 1||A marriage loan is offered for such parents who facedifficulty in arranging the necessary funds for themarriage ceremonies and dowries of their daughters.||Range: From Rs. 10,000 to Rs.50,000Duration: 10 – 24 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs. 200/-|
|Emergency Loan||2 – 1||This product is for those low-income families who faceunfortunate events and emergencies, e.g. suddenlosses in business or meeting any other immediatecontingency etc.||Range: From Rs. 10,000 to Rs. 50,000Duration: 10 – 24 monthsProfit Rate: 0%Interest Rate: NoneInitial Application Fee: Up to Rs 200/-|
Majority Of Loan Are Provided to Set up Personal Business Set or to Expand your Small Personal Business.
Documents For Akhuwat Loan Applicant
At the Time of Applying For Interest Free Akhuwat Qard-e-Hassan loans , Applicant have to Submit following Forms Along with the Akhuwat Qard-e-Hassan loans 2022 Application Form
- CNIC Copies of Applicant and Guarantors
- Utility Bill Copies
- Recent Passport Size photo
- Postdated Cheques in the name of Akhuwat Foundation
- Proof of Business
- Two Guarantors
- Any Other Documents / Things Asked by the Officer
How to Apply For Akhuwat Interest Free Loan Scheme 2022
- The Process For Applying For Akhuwat Qard-e-Hassan Loan Scheme 2022 Online Apply is Very and Easy.
- Applicant Must Visit the Nearest Akhuwat Foundation Centre Nearby and Ask The Representative that he/she Want to Apply For Akhuwat Interest Free Loan Scheme 2022.
- Representative will Ask Few Basic Questions why You Need Loan, How Much loan You Want.
- After Asking Questions, he Will Provided Akhuwat Qard-e-Hassan Application Form 2022 and Will also brief About the Terms and Conditions For Loan.
- You have to Fill the Qard-e-Hassan Application Form 2022 and Submit it Along With All the Required Documents Mentioned Above or Asked by the Representative.
- After That , The Akhuwat Foundation Local Branch Manager will Do a Short Interview and do Some Verification Process.
- After Verification Process, he can Approve or Reject the Application.
- If Qard-e-Hassan Application Form 2022 is Approved, A message will be Received on your Registered Mobile Number about Your Approved Loan.
Akhuwat Foundation Office Address
- Address: 19 Civic Center, Sector A2, Township, Lahore, Pakistan.
- Call: 042-111-448-464.
- Email: [email protected]
- Official Website:-https://akhuwat.org.pk/
Where to get Akhuwat Qard-e-Hassan Loan Amount?
After the Approval of Loan Application, You will get a Message From Akhuwat Foundation about Your Approved Amount. After Receiving the SMS, you can Visit the Nearest Designated Bank to get Your Approved Amount.
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Akhuwat Qard-e-Hassan Loan Related FAQS
How can I check eligibility for akhuwat loan?
Candidates must Fulfil the Eligibility Criteria in order to get Loan From Akhuwat Foundation.
Candidates must be over 18 Year having Valid CNIC and Running a Business.
How much loan can I get from akhuwat?
Akhuwat Foundation Provides Loan Amount According to the Condition to Condition.However, Maximum amount Provided by the Akhuwat Foundation is 500 $ or PKR 100,000-1,20,000.
How can I send message to akhuwat loan?
If you have Any issue or Complaint Regarding Akhuwat Foundation Local Branch, You Can Contact Head Office through the
Address: 19 Civic Center, Sector A2, Township, Lahore, Pakistan.
Email: [email protected]