Bank Alfalah

Overview

The Alfalah SME Deposit Bonanza is designed to shift the focus from traditional collateral-based lending to modern unsecured cash flow–based financing. Through program-based lending and quick assembly-line processing, Bank Alfalah ensures that SMEs can access the funds they need—easily, quickly, and without heavy collateral requirements.

What you get

Financing of up to PKR 10 million for SMEs and PKR 5 million for Agri businesses.
Flexible short, medium, and long-term financing options.
Competitive pricing linked to 3M KIBOR.
Loans primarily secured against personal guarantees—no heavy collateral needed.
Quick, easy processing designed for SME convenience.

Features

Financing Limits

Up to PKR 10 million for SMEs and PKR 5 million for Agri businesses.

Flexible Tenor

Short/Medium term up to 3 years, Long term up to 5 years.

Affordable Pricing

3M KIBOR + 5% (ST/MT) and 3M KIBOR + 6% (LTF).

Security

Primarily secured against Personal Guarantee (PG) of borrower/partners/directors.

Asset Coverage

Hypothecation of financed asset (stocks, plant & machinery).

Quick Processing

Assembly-line based program lending for SMEs.

Eligibility

Deposit Holders of other banks with at least 12 months’ banking history (6 months parallel with BAFL).
Existing BAFL Customers maintaining current/savings accounts for at least 12 months.
Age Criteria: 21–60 years (must not exceed 60 at loan approval for LTF).
Experience: Relevant business/sector qualification or entrepreneurial experience.
Business Vintage: Minimum 2 years in operation.
Nationality: Resident Pakistani with valid CNIC, or NICOP holders residing in Pakistan.
Legal Capacity: Must be legally capable to execute contracts.

Apply Now

Get started with your application in just a few simple steps. Click below to begin

Or visit your nearest Bank Alfalah branch to apply.