Akhuwat Loans Purpose and History
Akhuwat is the main vision and aim is to poverty alleviation in Pakistan for that purpose it was continuously worked hard and provided Akhuwat Loans to give him people with low incomes. The basic goal is to get up the poor persons in the community of our Islamic region.
In this way, it was developed by the local man to make progress in their shops and business. Since 2001 it was regular working to help out the people to give him interest-free emergency loans such that way it becomes the number one biggest organization of the world and spreading in the whole Pakistan. Daily a lot of habitats are taking the benefited from them and started their business and fulfill their dreams in their difficult time.
Day and night it was a struggle to eradicate poverty in our social community. The name of Akhuwat is derived from “Mawakhat” and the other meaning is brotherhood it was related to the Insar and Mahajirin of the Madina that was migrated to the Medina and the Sahabi is sharing with all their personal things and wealth by the order Prophet Hazrat Muhammad (S.A.W).
Akhuwat is established for the Islamic way of micro-financing under Companies Ordinance 1984 Section 42 and the objective is to build up the weak nation and stand up their feet. In this organization, they were made strong low-level income people to giving the Akhuwat Interest-Free Loans.
Akhuwat Loan Process
- Program Introduction
- Application Submission by Potential Borrower
- Social Appraisal by Staff
- Business Appraisal by Staff
- Second Appraisal by Senior Staff
- Guarantors of Loans (to be provided by Borrowers)
- Loan Approved by Loan Approval Committee
- Loan Disbursement to Borrower in Mosque
- Recovery to be received in Akhuwat Office
- Monitoring of the borrowers/business
Akhuwat Loans Eligibility Criteria
These following points are mandatory for a loan to an eligible man:
- Applicant person must have original CNIC
- Applicant should have the ability to run business and age between in (18 to 62 Years)
- Applicant must be active on economically
- The applicant can’t be caught in any criminal activity
- Applicants have good social status and character
- The applicant provided at least 02 guarantors even if it belongs to a family persons
- Applicant residence must have remained in the 2 or 2.5 Kilometres radius in the office of the branch
- Akhuwat eligibility criteria for a loan any time can be changed
How to Apply for Akhuwat Loan Online Apply
Fist of fall for Loan a man gets the Qard-e-Hasan Interest Free Akhuwat Loan Application Form Download and write the compulsory things and submit to the AIM branch that was near your home. The unit manager checks your loan application and discussed further information it may be required and check the whole documents were necessary for approval of the loan.
There are some following documents that are obligatory to submit to the AIM branch for next processed.
- Individual Responsibility for loan
- 02 Guarantors persons
- Give cheque postdated
- Extra security can also be taken in a special case
Essential documents must be submitted with Akhuwat Loan Form Download
Sr. No. | Required Documents | Person Detail | Compulsory / Optional | Objectives |
1 | CNIC Copies | Applicant Guarantors Family Members or Others | Compulsory | Personal Identification Verified by Management Information System (MIS) Money collected from Bank Requirements |
2 | Utility Bill Latest Copy | Applicant | Compulsory | Home address verification To assess the payment attitude |
3 | Newest Photos | Applicant | Compulsory | Tested with gazette officer |
4 | Nikhanama Photo Copy | Applicant | It is not applicable if provided other security | If her wife CNIC is not with husband name then identification is required |
Note:
Extra documents are required in any optional demand of the scheme.
Business Estimates
You can show the loan committee members your business plans for the future that you can fulfill her dreams throughout the money of the project is giving to the poor people for to eliminate the poverty in Punjab, Sindh, Balochistan, Gilgit Baltistan, Khyber Pakhtunkhwa (KPK), Azad Jammu and Kashmir all over Pakistan it was recognized them.
How Can Loan Approve
When each case is received the unit manager and branch manager then it was viewed in detail and send to the area manager after the review that was ordered to approves him so then 03 to 04 week total process continues then a man is getting Akhuwat Loans from them.
Detail of Loan Disbursement Akhuwaat
Now till the organization is disbursed Rs. 100 Billion in Loans and 04 Million families taking benefited from the great free services provided for the various purposes explained here under the below check it:
Sr. No. | Loan Type | Rupee Range | Duration | Application Fee |
1 | Family Enterprise | 10,00 to Rs. 50,000 | 10 to 36 Months | Rs. 200 |
2 | Agriculture | 10,000 to Rs. 50,000 | 04 to 08 Months | Not |
3 | Liberation Loan | Rs. 10,000 to Rs. 100,000 | 10 to 36 Months | Rs. 200 |
4 | Akhuwat Housing Loan | Rs. 30,000 to Rs. 100,000 | Up to 36 Months | Rs. 200 |
5 | Education | Rs. 10,000 to Rs. 50,000 | 10 to 24 Months | Rs. 200 |
6 | Health | Rs. 10,000 to Rs. 50,000 | 10 to 24 Months | Rs. 200 |
7 | Marriage | 10,000 to Rs. 50,000 | 10 to 24 Months | Rs. 200 |
8 | Emergency | Rs. 10,000 to Rs. 50,000 | 10 to 24 Months | Rs. 200 |
9 | Equipment and build the School | Rs. 25,000 to Rs. 150,000 | Up to 36 Months | Rs. 200 |
Supported Companies and Partners of Akhuwat Loans
- Careem
- Descon
- Khaadi
- PARCO
- Unilever
- Khawaja
- Lux GO
- Dunya Foundation
- Chiesi
- Qarshi
- APPNA
- Nestle
- Allied Bank
- Faysal Bank
- PTCL
- BARD Foundation
- SD
- RMWO Service to Human
- Pakistan Center for Philanthropy
- Bank Islamic
- Muhammad Ali Kasuri Welfare Trust
- Ali Zafar Foundation
Akhuwat Loan Contact Number Lahore
042-111-448-464
Akhuwat Office Address Lahore
19 Civic Center, Sector A2, Township, Lahore, Pakistan
Email Address:
info@akhuwat.org.pk
Akhuwat Official Website
Akhuwat Home Loan is getting here without any problem the detail is printed on this webpage for the local persons of Pakistan. We are described to you in which the complete procedure How to Apply Akhuwat Loan for House then filling the Akhuwat Application Form Online.
Akhuwat Loans in Urdu
Akhuwat Bank Account Numbers Detail
Akhuwat Zakat Accounts | |||||
Bank | Purpose | Account Title | Account No. | IBAN | Swift Code |
Faysal Bank | Zakat | Akhuwat (Zakat) | 3090307900223435 | PK24FAYS3090307900223435 | FAYSPKKA |
Bank Islami | Zakat | Akhuwat | 201100116060201 | PK18BKIP0201100116060201 | BKIPPKKA |
Habib Bank | Zakat | Akhuwat | 50097901001055 | PK26HABB0050097901001055 | HABBPKKA |
Meezan Bank | Zakat | Akhuwat (Zakat) | 02220104223348 | PK95 MEZN0002220104223348 | MEZNPKKA |
Habib Bank Limited | Fitrana | Akhuwat | 50097900276655 | PK37HABB0050097900276655 | HABBPKKA |
Akhuwat Donation Accounts | |||||
Bank | Purpose | Account Title | Account No. | IBAN | Swift Code |
Allied Bank | Donation | Akhuwat (Donation Collection Head office) | 20051515150023 | PK59ABPA0020051515150023 | ABPAPKKA |
Faysal Bank | Donation | Akhuwat (Donation) | 3090307900223405 | PK58FAYS3090307900223405 | FAYSPKKA |
Bank Islami | Donation | Akhuwat | 201100116060206 | PK77BKIP0201100116060206 | BKIPPKKA |
Habib Bank | Donation | Akhuwat Donation | 50097900294955 | PK55 HABB 0050097900294955 | HABBPKKA |
Habib Bank | Khawaja Sira support | Akhuwat | 50097900675355 | PK03 HABB 0050097900675355 | HABBPKKA |
Meezan Bank | Donation | Akhuwat (Donation Head Office) | 02220104223325 | PK95MEZN0002220104223325 | MEZNPKKA |
Allied Bank Limited | Qarz-e-Hassan | Akhuwat Islamic Microfinance(QARZ-E-HASNA CORONA FUND) | 20058447820690 | PK88ABPA0020058447820690 | ABPAPKKA |
Bank Islami Pakistan Limited | Corona Imdad Fund | Akhuwat Corona Imdad Fund | 201100116060190 | PK24BKIP0201100116060190 | BKIPPKKA |
Bank Islami | General Donation | Akhuwat Islamic Microfinance | 201100274990201 | PK74BKIP0201100274990201 | BKIPPKKA |
Akhuwat University Accounts | |||||
Bank | Purpose | Account Title | Account No. | IBAN | Swift Code |
Faysal Bank | University | Akhuwat (University) | 3090307900223436 | PK94FAYS3090307900223436 | FAYSPKKA |
Bank Islami | University | Akhuwat University | 201100116060210 | PK66BKIP0201100116060210 | BKIPPKKA |
Habib Bank | University | Akhuwat | 50097901002455 | PK56 HABB 0050097901002455 | HABBPKKA |