Akhuwat Business loan is a quick loan with a turnaround time of less than 2 hours. When you submit application for loan, we’ll work to review your application and provide you with a decision within 2 working days. Akhuwat Loans never apply extra fees or charges on top of the interest. An Akhuwat Business loan is a simple way to borrow money. A lender gives you a lump sum, which you pay back in regular instalments over a period of time, usually with interest on top. Akhuwat Business loans are also known as unsecured loans as they don’t require to be fixed to an asset.
Applying for an Akhuwat Business loan takes a few minutes, and you’ll receive a conditional decision in minutes. If you are conditionally approved, you will be invited to visit your nearest Akhuwat office to discuss potential loan agreements and meet your account manager. The whole process can be completed within 12 to 24 hours.
How to get an Akhuwat Business Loan?
We know your time is precious, so we keep the application process very simple. Most customers complete their application in under 5 minutes, but it can take 60 minutes in some cases. Once your loan is approved, the money could be with you in under 10 minutes.
How long does it take Akhuwat Foundation to approve a loan?
Akhuwat Foundation may invite you to upload any supporting documents Akhuwat require (Akhuwat will let you know if we need this) and sign your application via our secure online portal. Once you’ve submitted your signed agreement (including all the supporting documents we requested), Akhuwat will usually process your application within 2 working days. You can chat to Akhuwat official on WhatsApp securely for help with your business loan queries. You’ll notice the WhatsApp symbol on Akhuwat business loan page for when you’re able to start a conversation with us.
Akhuwat Loan Types 2024
| Loan Type | Rupee Range in PKR | Duration | Application Fee in PKR |
|---|---|---|---|
| Family Enterprise | 50,000 to 2,00,000 | 3 to 12 Months | N/A |
| Education | 50,000 to 10,00,000 | 6 to 36 Months | N/A |
| Agriculture | 1,00,000 to 5,00,000 | 6 to 36 Months | N/A |
| Marriage | 5,00,000 to 10,00,000 | 12 to 24 Months | N/A |
| Car Loan | 20,00,000 to 80,00,000 | 12 to 36 Months | N/A |
| Home | 10,00,000 to 1,00,00,000 | 12 to 36 Months | N/A |
| Business | 1,00,00,000 to 1,00,00,000 | 12 to 36 Months | N/A |
How to Apply for Akhuwat Business Loan
To apply for Akhuwat Business loan you have four options:
- You can apply online by visiting Akhuwat website (https://www.akhuwatloan.site/).
- You can apply via the Akhuwat mobile app.
- You can call Akhuwat Helpline Number +923434490190.
- You can visit your branch.
When you receive your loan for business then you can make overpayments or additional payments to your loan at any time. An overpayment can reduce the total amount of interest you’ll pay (overpayments are subject to an early repayment charge). If you’d rather speak to someone, call +923434490190.
What is the maximum Business loan in Akhuwat Foundation
This depends on the type of loan and lender, but as a rule of thumb, unsecured business loans are generally offered for up to 5 Lakh or 7 Crore. Loan amounts higher than this are often secured loans, which means you’ll need to use an asset as security against the loan. You have the flexibility to make overpayments or additional payments on your loan at any time. Doing so can lower the total interest you’ll pay. However, it’s crucial to be aware that repaying your loan early may result in an Early Repayment Fee. Always review your loan terms and consult with your lender to understand the full impact and benefits of overpaying or paying off your loan early.
How much business loan can you get from Akhuwat Foundation?
Akhuwat offer business loans from 5 Lakh to 7 Crore over 1 to 5 years. Just choose your loan amount and term and fill in our short form to find out your personalized rate. This takes about 10 minutes and won’t affect your credit score. If your loan is pre-approved at this stage, it’s exactly the rate you’ll get.
Who is eligible for Akhuwat Business Loan?
You must be 22 years old or over. For Akhuwat Business loan, you might need to be 22 to apply. Akhuwat Foundation also have upper age limits. You need to be a Pakistani resident with full rights to live in the Pakistan and have at least three years’ worth of Pakistan address history.
Akhuwat Contact Number
You can chat to us on WhatsApp +923434490190 securely for help with your business loan queries. You’ll notice the WhatsApp symbol on Akhuwat website pages for when you’re able to start a conversation with us. It’s always better to act early – the sooner you speak to us, the sooner we can minimize the impact on your credit file. Get in touch with us today:
- Email us at support@akhuwatloan.site/
- Call us on +923434490190
- Start a chat