Bank Alfalah Limited

Step 1: Authentication

Identification Type

Identification Number * Please enter identification number. Required Format (421012xxxxxx7)

Are you a Bank Alfalah Branch Banking Customer?

Upload CNIC / NICOP Front * Please upload your Front Side of ID Only JPG, JPEG, PNG Images Are Allowed

Upload CNIC / NICOP Back * Please upload your Back Side of ID Only JPG, JPEG, PNG Images Are Allowed

Email Address * Please enter email. Invalid email address

Mobile Number * Please enter mobile no. invalid mobile number Required Format (03xxxxxxxxx)

Step 1: Authentication

Please Enter SMS And Email Pin

Email Code * Please enter email pin.

SMS Code * Please enter sms pin.

Step 2: Basic Request Information

Application Date

Customer Name * Please enter name.

Title * Please select Title

Identification Type

Identification Number

Loan Type * Please select Loan Type.

Step 3: Personal Details

Mobile Number

Date Of Birth * Please select Date Of Birth

Father/Husband Name * Please enter father/husband name.

Mother Maiden Name * Please enter mother maiden name.

Gender * Please select gender.

Marital Status * Please select marital status.

Type of Residence * Please select Residence Status

Monthly Rent

Type of Accommodation * Please select Type of Accommodation

Number of Dependents * Please select Number of Dependents

Residing Since Years * Please select Residing Since Years

Residing Since Months * Please select Residing Since Months

Qualification

NTN

Passport #

Nationality

Current Flat / House / Building No * Special characters not allowed

Current Street No * Please enter current street no. * Special characters not allowed

Current Area Town * Please enter current area town. * Special characters not allowed

Nearest Land Mark

Phone No * Please enter phone no. invalid mobile number Required Format (0xxxxxxxxxx)

State * Please select state.

City * Please select City.

Date of CNIC Issuance * Please select Date Of CNIC Issuance

Date of CNIC Expiry * Please select Date Of CNIC Expiry

Country of Birth * Please select Country.

Occupation * Please select Occupation.

Step 4: Employment/ Business Details

Segment * Please select Segment.

Company Business Name * Please enter company business name.

Nearest Land Mark * Special characters not allowed

Company / Business Phone No invalid mobile number Required Format (0xxxxxxxxxx)

Ext

Department * Please enter Department.

Designation/Grade * Please enter Designation/Grade.

Current Employment/Business Since Years

Current Employment/Business Since Months *

Overall Employment/Business Since Years

Overall Employment/Business Since Months *

Company Business Address * Special characters not allowed

Company / Business State * Please select state.

Company / Business City * Please select city.

Employment/Business Start Date *

Relationship with the bank (if any) * Please select relationship.

Income Details

Monthly Gross Income (Primary Job/Business): PKR

Monthly Gross Income (Secondary If Any): PKR

Other Monthly Income (If Any): PKR

Source of Other Income

Monthly Expenses other than Debt Servicing

Loan Financing Details

Desired Loan Amount: PKR

Purpose of Loan * Please enter Purpose of Loan.

Product to be Purchased (If Purchased Loan) * Please enter Product to be Purchased.

Desired Loan Tenure * Please select Desired Loan Tenure.

Pricing Option * Please select Pricing Option.

Step 5: Other Details

Prefered Correspondence

How Did You Hear About Us?

Other Bank Details

Bank Name

Branch & City * Please enter Product to be Purchased.

Account # * Please enter account number Kindly provide accurate account details of your active account as loan amount will be transferred in it after approval

Account Type * Please select Account Type.

Account Type Detail Please enter Account Type

Nature of Account * Please select Nature of Account.

Reference Details

1.Reference Name * Please enter Reference Name.

1.CNIC * Please enter CNIC. Minimum length is 13

1.Residence Phone # * Please enter mobile no. invalid mobile number Required Format (0xxxxxxxxxx)

1.Mobile # * Please enter mobile no. invalid mobile number Required Format (0xxxxxxxxxx)

1.Relationship with Applicant

1.Residence Address * Please enter Residence Address.

1.Relationship Since * Please enter Relationship Since.

2.Reference Name * Please enter Reference Name.

2.CNIC * Please enter CNIC. Minimum length is 13

2.Residence Phone # * Please enter mobile no. invalid mobile number Required Format (0xxxxxxxxxx)

2.Mobile # * Please enter mobile no. invalid mobile number Required Format (0xxxxxxxxxx)

2.Relationship with Applicant

2.Residence Address * Please enter Residence Address.

2.Relationship Since * Please enter Relationship Since.

Step 6: Upload Documents

Upload Salary Slip / Proof of Income Only PDF is Allowed

Upload Account Statement * Please upload your Account Statement Only PDF is Allowed

Step 7: Financing Details

Details of Credit Cards (Clean) Limits Being Availed from Other Banks/DFIs

Number of Credit Cards (Clean)

Details of Credit Cards (Secured) Limits Being Availed from Other Banks/DFIs

Number of Credit Cards (Secured)

Details of Personal Loan (Clean) Limits Being Availed from Other Banks/DFIs

Number of Personal Loan (Clean)

Details of Personal Loan (Secured) Limits Being Availed from Other Banks/DFIs

Number of Personal Loan (Secured)

Details of Other Facilities, If Any (Clean and Secured) Being Availed from Other Banks/DFIs

Number of Other Facilities (Clean and Secured)

Applied Limits (including Any Application Under Process)

Number of Applied Limits

Application for Personal Loan

I hereby apply for the Personal Loan Facility being offered by Bank Alfalah Limited, on the basis of Pricing (fixed/variable) markup, as per the terms and conditions set forth herein as well as in the Finance Agreement Documentation, including but not limited to Finance Agreement, to be executed between myself and Bank Alfalah Limited, which I have read carefully and understood fully.

Application to Open Collection Account

I wish to apply for an account to be opened in Pakistani Rupees to be maintained at Bank Alfalah Limited, in relation to my application for Personal Loan. The Agreement of Financing to be entered into between myself and Bank Alfalah Limited subject to approval of my application and all other relevant documents as required by Bank Alfalah Limited. I agree to provide any document(s), which you may request pursuant to my application to open the account. By signing this application form, I confirm that I have read and I shall be subject to the terms and conditions governing the account, if you accept my application to open the account and I agree to be bound by the same in so far as they are applicable to the account (including but not limited to the condition that no cheque book shall be issued and no profit shall be paid) which account shall only be utilised for the purposes of availing and repayment of the Personal Loan applied for, by myself and any amendments or changes which Bank Alfalah Limited may unilaterally deem fit in respect thereto or in respect of any features and services under the account shall apply and the same shall not be objected by me.

I hereby further agree and confirm that the account applied for by me shall be subject to the general terms & conditions governing liability/banking accounts of Bank Alfalah Limited, in addition to the Terms and Conditions stipulated herein.

I agree that you may at any time, and from time to time, at your absolute discretion without assigning reasons and without notice to me, consolidate all accounts in which I am beneficially entitled and set off the amounts available in any such account against the liability of a corresponding amount in any other account.

I hereby acknowledge, agree and accept that you may decline my application to open the account in your absolute discretion without assigning any reasons.

I hereby irrevocably authorise Bank Alfalah Limited to verify any information given in this application from third parties by using any agency and also authorise the same to disclose any information pertaining to myself, including but not limited to the financial affairs, employment or business etc. of the applicant to any third party as Bank Alfalah Limited may deem appropriate in its sole discretion including without prejudice to the generality of the foregoing to any bank, financial Institution or any other entity or authority or person as the case may be.

I hereby undertake that the drawings from my loan amount will not be used for subscription in an Initial Public Offering.

I hereby agree to indemnify and hold Bank Alfalah Limited harmless against all losses, damages, claims, liabilities, charges and reasonable costs and expenses that may arise or be sustained by Bank Alfalah Limited as a result of breach by me of any of these Terms and Conditions, the enforcement of Bank's rights, any discrepancy that may arise from the Bank’s reliance upon my signature appended herein below and/or any other matter whatsoever.

Repayment of Financing Facility

I hereby agree that repayment of the subject financing facility (if sanctioned to me), along with markup and all other amounts/charges, detailed in the Finance Agreement, shall be by way of monthly instalments, described in the schedule of Finance Agreement.

I confirm having read and understood the above mentioned Terms & Conditions.
Please Accept the Agreement to proceed further

Irrevocable Standing Instructions

In the event that you accept my application to open an account in my name (the account) for the purpose of repaying a financing facility which I have entered into with you under the Finance Agreement, I hereby instruct you to comply with the following irrevocable standing instructions which shall not be revoked by any subsequent Instructions unless either you consent to carry out such subsequent instructions or the entire amount of my account of Personal Loan has been repaid to you in full. The above instruction and authority shall be binding on my heirs, executors and administrators until Bank Alfalah Limited has certified that there is no amount outstanding under the Finance Agreement.

I irrevocably instruct and authorise you as follows:

Repayment Through Direct Debit Authority
In case of sanction of the subject financing facility to me, I hereby authorise Bank Alfalah Limited to debit my account on monthly basis with EMI amount and related fee/charges already maintained with them for the purpose of recovering my monthly instalment of Personal Loan. I hereby undertake that I shall ensure that this account shall be adequately funded by me to meet all EMIs from time to time.

Bank Alfalah Account:		Branch Code:
Branch Address and City:

Repayment Through Collection Account
In case of sanction of the subject financing facility to me, I hereby authorise Bank Alfalah Limited to debit my collection account, which shall be opened by Bank Alfalah Limited subject to satisfactory due diligence as per regulatory and legal prerequisites, on monthly basis with EMI amount and related fee/charges that will be maintained with them for the purpose of recovering my monthly instalment of Personal Loan.

Repayment Through Cheques
1. I hereby undertake to forthwith issue as an initial one-off payment a cheque payable in your favour with current date for an amount Indicated by you, which shall constitute the upfront payment and the first EMI (Equal Monthly Instalment).
2. I hereby undertake to further issue the number of cheques as Indicated and required by you for the number of months of the tenure of the Finance Agreement in your favour for each EMI as Set out in the Finance Agreement.
3. I hereby undertake to issue additional cheques to cover payments of any increased amount that you may determine in your absolute discretion In connection with the Finance Agreement.

Please Select RePayment Option to proceed further Account Number is Required. Branch Code is Required. Branch Address & City is Required.

Authorisation

I hereby warrant that no bankruptcy proceedings have commenced against me, that all the information furnished by me in this application is true, complete and accurate and that I have not withheld any material fact. I hereby authorise the bank and third parties, including my bankers, to exchange Information for the purpose of processing my application and for the conduct of any of my accounts of bank as long as I remain the customer of the Bank.

I agree with the Document Above Please check undertaking to prcoeed further

Letter of Understanding

Please read the following clauses carefully, as they are applicable to all Personal Loan applications.

1. The sanctioning of Personal Loan is at the sole discretion of Bank Alfalah Limited.

2. The Personal Loan application may only be processed once the processing fee is paid. The Bank may take the processing fee by way of a crossed cheque in the name of Bank Alfalah Limited or may opt for deduction of the said processing fee from the financing amount, if sanctioned. The Bank may not return the processing fee if my application is rejected.

3. The repayments will be made through my salary/standing instruction account which all be transferred with Bank Alfalah Limited for the said purpose.

4. The monthly Instalment will be made on its due date (as defined in Finance Agreement).

5. Late payment changes shall be applicable as per terms of the Finance Agreement and the Schedule of Bank Charges (as amended from time to time and available on bankaIfaIah.com), referred hereinabove.

6. Cheque collection charges and cheque returned charges shall be applicable as per the general Schedule of Bank Charges (as amended from time to time and available on bankalfaIah.com).

7. I may prepay the loan/financing, by way of full or partial adjustment, however, subject to Terms and Conditions as laid down in the Finance Agreement referred hereinabove; and subject to payment of prepayment Charges at the rate and in manner as defined in the Finance Agreement.

8. Additional changes are also applicable on partial adjustments.

9. I can be sued/put to trial in a court in case of deliberate concealment of facts.

10. I will not pay cash to any sales representative for any charges or services. All payments must be made via crossed cheque or Pay Order In favour of Bank Alfalah Limited.

11. I assure that Personal Loan will be used for a legal purpose and under no circumstances will it be used for subscription of Initial Public Offerings (IP0).

12. The rate of markup on the financing can be fixed or variable, as described in the Finance Agreement, which shall remain as such during the term of financing.

13. I hereby irrevocably and unconditionally acknowledge and agree that Bank Alfalah Limited may, either with or without notice to me, at any time upon the occurrence of any default on my part, set-off and/or apply any moneys available in any of my accounts maintained with the bank for payment of any liabilities outstanding against me in favour of the bank. Where such set-off requires the conversion of currencies, the bank shall be entitled to effect such conversion at such rate exchange prevailing on the day of such set-off as the Bank may apply in accordance with the bank's usual practice in such connection and all exchange risks, losses, premiums, commissions and other bank charges shall be borne by me.

I confirm having read and understood the above mentioned Terms & Conditions.
Please Accept the Agreement to proceed further

Declaration

I hereby declare and undertake that all Information stated in this application and attachment hereto or otherwise provided to you by me or at your request is true, correct and accurate in all respects. I understand that monthly instalments are equated for convenience only and the deferred payment charges are calculated on a reducing balance basis.

I acknowledge the fact that the loan facility requested by me in this application will be made available to me at the absolute discretion of the Bank.

Applicant's Digital Sign-Off
Please Accept the sign-off to proceed further