Al Khidmat Foundation Loan Program 2024-25 Apply Online on this page. The Alkhidmat Foundation Loan Program was launched to provide low-interest loans to low-income people. Al Khidmat Foundation Program provides interest-free loans to families with financial problems and helps them to establish small businesses and improve their standard of living. They should visit their office to request a loan and complete an application form.
Read the step-by-step procedure here. You could make an application for an Al-Khidmat Foundation loan by completing an online application form via their website or by visiting the closest Al-Khidmat Foundation center. Donate to the Alkhidmat Foundation by Sponsoring an Orphan or Donating a Ration Bag. Your Donations Can Bring Hope To Those in Need.
Al Khidmat Foundation Loan Program Eligibility Criteria
Documents of this type are needed to be able to qualify for the Al Khidmat Foundation Loan Program 2024:
- The applicant needs to complete a form.
- The applicant must possess an authentic CNIC Identity CNIC ID card.
- Father’s CNIC ID Card.
- A valid version from the URL.
- The knowledge and skills needed to run a small-scale company.
- An ideal range of age would be between 18-62.
- Four passport photos from recent times depict the person applying for the passport.
Al Khidmat Foundation Loan Program 2024-25 Apply Online
Al Khidmat Foundation Loan Program Eligible Cities List
- Karachi
- Lahore
- Wazirabad
- Faisalabad
- Multan
- Bahawalpur
- Gujrat
- Islamabad
- Rawalpindi
- Kashmore
- Hyderabad
- Badin
- Nawabshah
- Mirpurkhas
- Sukkur
- Larkana
- Sanghar
- Tando Muhammad Khan
- Mirpur AJK
- Harparkar
- Khairpur
- Ghotki
- Naushero Feroze
- Thatta
- Haripur
- Charsada
- Malakand
- Battagram
- Peshawar
- Bunir
- Dir Lower
- Gilgit
Al Khidmat Foundation Loan Program Application Procedure
Visit their office to make an application for an Al Khidmat Foundation Loan Program and fill out the required application form. The loan will be provided to you once your application has been evaluated within a week of submission of your application.
You can call the main office number to find the address of the nearest office in your city (+1-92-304-111-4222).
You can also go to the contact section on their official website to connect with them and discuss their contribution to the Al Khidmat Foundation in more specific terms. Here is the link to their contact page: https://alkhidmat.org/contact.html
Choose the province where you live, and then click to show your address corresponding to the city you live in the closest.
You can also apply for:
PM Kamyab Jawan Loan Scheme
or
Akhuwat Loan Scheme
What Are The Objectives Of Al Khidmat Foundation Loan Program 2024?
The principal goals that the loan offer has been:
- Microfinance loans that are interest-free to those in need so that they earn to pay for their living expenses.
- Promote interest-free loans (Qarz-e-Hasana) as an extraordinary example and an all-encompassing solution for families who are in need.
- Stimulation and stimulation promotion and capacity building, managing financial risk, and developing motivational skills.
- To convert Al Khidmat Foundation Loan Program beneficiaries into donors. Encourage a sense of community.
Online Apply Through Website
- Check out the official website for Al-Khidmat Foundation and click on the section “Loan”.
- Select the kind of loan you want (e.g., small business loan, orphan loan, loan for the mother, or liberation loan) and click the “Apply Online” button.
- Fill out the application form by providing your financial, personal, and business information (if appropriate). Be sure to fill in precise and complete information.
- Upload your required documentation, like your ID card or business plan, information about collateral, and income evidence.
- Review applications and other documents thoroughly before sending them.
- Once you have submitted your request completed it will be evaluated and approved by The Al-Khidmat Foundation team. You will be notified via email or phone if your submission is accepted. Confirmation via email or by phone.
By Visiting the Nearest Center
Step 1: Visit the closest Al-Khidmat Foundation office or center and ask about applying for loans.
Step 2: Get your loan request form and fill it in with your financial, personal, and business information (if appropriate).
Step 3: Attach all the necessary documents, like identification cards, business plans, collateral information, and proof of income.
Step 4: Send the completed application form and other documents to The Al-Khidmat Foundation team.
Step 5: Your team is expected to examine your application and inform you by phone or email.
It is crucial to remember that the documentation required may differ depending on the kind of loan you’re requesting, and other steps could be required to get loan approval. Therefore, it is recommended that you contact Al-Khidmat Foundation directly for further details and assistance in the loan application procedure.
Al Khidmat Foundation Loan Program Pros And Cons
Pros:
- Loans with no interest: The Al Khidmat Foundation Loan Program is not subject to interest, meaning you only need to repay the borrowed amount.
- No collateral needed: Some Al-Khidmat Foundation loans don’t require collateral, which makes it much easier for those who do not have a lot of assets to gain access to credit.
- Help services for customers: The foundation provides financial literacy education and assists borrowers in achieving their financial or business goals.
- An easy application process: Al-Khidmat Foundation offers an online loan application process that is convenient and accessible to people who can’t go to the nearest center.
Cons:
- Loan amounts are limited: Al-Khidmat Foundation offers relatively tiny loans, which might not be enough for certain borrowers’ requirements.
- Expensive eligibility requirements: Applicants for the Al Khidmat Foundation Loan Program must meet stringent requirements for eligibility, which could hinder some individuals from getting credit.
- Processing time is longer: The loan application process could take longer than the other lending institutions because of the strict eligibility requirements and the foundation’s obligation to review every application thoroughly.
- Coverage limited: Al-Khidmat Foundation operates predominantly in Pakistan, meaning those who aren’t in Pakistan cannot access their loans.
Final Words
If you wish to be eligible to receive an Al Khidmat Foundation loan, you must make contact with the local office. We’ve given you all the necessary information to reach them. It’s an excellent alternative for loans in emergencies and small business loans. It’s also great for wedding loans, as well as home loans.
Alkhidmat Foundation Head Office Info
- Address: Alkhidmat Complex, 3km Khayaban-e-Jinnah, Lahore, Punjab, Pakistan
- Phone: +92-304-111-4222
- Helpline: 0800 44 44 8
- Website: https://alkhidmat.org
- Helpline: +92-42-35862862
- Email: info@alkhidmat.org
Al-Khidmat Foundation FAQs
What is the Al-Khidmat Foundation?
Al-Khidmat Foundation is a non-profit organization located in Pakistan that offers a range of services for people with low income, such as the ability to provide loans with no interest for small enterprises, education, and health initiatives.
How can you apply for an Al-Khidmat Foundation loan?
You can make an application for an Al-Khidmat Foundation loan by filling out the online application form on their website or by visiting the closest Al-Khidmat Foundation center and submitting an application on paper.
What kinds of loans do Al-Khidmat Foundation offer?
Al-Khidmat Foundation offers several types of loans, such as small businesses, educational, health, and support loans for orphans.
What are the requirements for eligibility to be eligible for the Al-Khidmat Foundation loan?
The criteria for eligibility to be eligible for Al-Khidmat Foundation loans vary depending on the kind of loan. However, those applying for loans must generally be Pakistani citizens with a valid business or plan for a project and prove their ability to repay the loan.
Is the Al-Khidmat loan cost-free?
The answer is yes, all Al Khidmat Foundation Loan Programs are interest-free. That means that borrowers must only repay the amount they borrowed.
