Allied Bank Home Loan New Update 2024
Allied Bank Home Loan
Allied Bank Home Loan: Acknowledging the unique financing for each browser, Ala Bank is dedicated to helping you discover the ideal housing finance plan to suit your specific needs.
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Allied Bank Financing
Get financing up to Rs 75 million with flexible repayment tenures ranging from three to 25 years. Enjoy the option of availing of your loan at a low markup and benefit from complimentary life insurance, with specific terms and conditions _
Important Note Allied Bank Home Loan
Please note that this offer is currently available in 9 cities namely Karachi, Lahore, Hyderabad, Multan,
Bahawalpur, Islamabad, Rawalpindi, Faisalabad, Sialkot
You can access more details here.
Allied Bank Home Loan Qualifications
To be eligible to apply for Allied Bank home finance, you must meet the following requirements:
Nationality
Every applicant for a house loan needs to be a citizen of Pakistan. Applications from foreigners are not accepted.
Age Restriction
You should be between the ages of 25 and 57. You cannot apply for a home loan if you are older than this.
For People Who Earn Salary:
Length of Time for the Bank Relationship:
The applicant must have maintained a relationship with ABL or any other bank for at least six months.
Work experience
The candidate ought to have three years or more of professional experience.
Minimum Pay Amount
Provide proof of a minimum net monthly salary of Rs. 50k.
This pay threshold will only be accepted.
Documents Needed
The Allied Bank Home Finance application requires the following standard documents:
- The six-month bank statement (from ABL or another bank, if relevant
- (You had to own a bank statement stretching back at least six months. The bank could be ABL or any other bank.)
- A CNIC or Smart NIC copy
- (The applicant must possess a smart CNIC or identity card.)
- Evidence of Income
- (The applicant must provide proof of income as specified in the documentation form.)
- Pay Slip
- (The applicant must deposit the pay stub.)
- passport-size pictures
- (The applicant needs to provide two recent passport-size pictures.)
- filled-out and properly signed application
- (The applicant should thoroughly study the application form before completing it.)
- Requests for additional document(s) are also possible.
Allied Bank Home Loan Application
Click this link to apply for a home loan through the ABL.