How to apply
for Akhuwat loan scheme online

Akhuwat foundation
is an organization and was founded by Dr. Amjad Saqib in 2001. Akhuwat provides
interest free loan program for the Pakistani people and everyone who is eligible
to this program can apply all over in Pakistan. Different loan products have
different money range although it varies from 50000 to 150000 Rupees.

Akhuwat Loan scheme 2022

Submit the
application form which is available in 200 rupees except agriculture which
don’t have any application form.

Akhuwat Loan
Online form download

The first
step for the loan, download the interest free Akhuwat Foundation loan
application form from and fill up the required information about you and send
it to the AIM branch near your home. After submission, the unit manager
verifies your loan application and all the documents which is compulsory for
loan approval.

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Loan Products
offered by Akhuwat

There are
various products through which AIM provides interest free loans which are
tailored to meet specific needs of the borrower. These products are outlined
below:

Family
Enterprise Loan

• Range: From
  Rs. 10,000 to Rs.50,000
• Duration: 10
  – 36 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution: Optional 1% of loan amount

Agriculture
Loan

• Range: From
  Rs. 10,000 to Rs 50,000
• Duration:
  4-8 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution: Optional 1% of loan amount

Liberation
Loan

• Range: From
  Rs. 10,000 to Rs.100,000
• Duration:
  10-36 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution: Optional 1% of loan amount

Housing Loan

• Range: From
  Rs. 30,000 to Rs.100,000
• Duration: Up
  to 36 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund: Optional 1% of loan amount

Education Loan

• Education
  Level: Post Matriculation up to Masters
• Range:  From Rs. 10,000 to Rs. 50,000
• Duration:  10 – 24 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution: Optional 1% of loan amount

Health Loan

• Range:  From Rs. 10,000 to Rs. 50,000
• Duration:  10 – 24 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution:  Optional 1%
  of loan amount

Marriage
Loan

• Range: From
  Rs. 10,000 to Rs.50,000
• Duration:  10 – 24 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution:  Optional 1%
  of loan amount

Emergency
Loan

• Range:  From Rs. 10,000 to Rs. 50,000
• Duration:  10 – 24 months
• Profit Rate:
  0%
• Interest
  Rate: None
• Mutual
  Support Fund Contribution: Optional 1% of loan amount

Note:

1. Initial
   application fee of Rs, 200 is received for all these loan except agricultural
   loan.
2. Post approval
   application fee is 0 for all these loans

Eligibility
Criteria for Loans

Eligibility
requirements of loan is:

1. Applicant should
   have valid CNIC.
2. Applicant
   should have the ability to run/initiate business activity.
3. Applicant’s
   age should between 18-62 years.
4. Applicant
   should have capacity to provide two guarantors. (Other than family members)
5. Applicant
   should be resident of operational area of branch office which might be around 2
   or 2.5 KM radius.

Required documents to be submitted with Loan application

Akhuwat Loan Scheme 2022

Submission of
application

The loan
process will start with the submission of application. The application fee may
vary from scheme to scheme. The unit manager will then assess the application
through eligibility criteria. Thus, these loans will be given out on social
collateral.

The applicant
should follow these steps in application submission.

• Applicant should
  visit his/her nearest AIM branch along with his/her relevant documents
  (mentioned below) for submission of loan application.
• Unit manager
  will discuss with the applicant to check whether applicant falls under
  eligibility criteria of the loan scheme.
• Potential
  candidate will submit loan application on prescribed form. Loan application
  will be provided and filled by AIM staff in branch office.
• Unit manager
  will check all the documents are submitted by the applicant and application will
  be processed after completion of required documents.

Akhuwat Loan
Contact Number

042-111-448-464

Akhuwat Loan
Apply Online

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