Akhuwat Loan Scheme

Akhuwat is Pakistan’s largest interest-free loan (bina sood qarz) organization, dedicated to helping the underprivileged achieve financial stability. Rooted in Islamic brotherhood and community service, Akhuwat ensures that people can access loans without interest, enabling them to meet their essential needs with ease.

If you’re looking for complete details about Akhuwat Loan Scheme, this guide will be highly beneficial for you.

What is the Akhuwat Loan Scheme?

The Akhuwat Loan Scheme aims to support financially struggling individuals, allowing them to:
✔ Start or expand a business
✔ Pursue education
✔ Build or repair their home
✔ Cover medical expenses
✔ Invest in agriculture

Key features of this loan scheme include:
✔ 100% Interest-Free Loans (Bina Sood Qarz)
✔ Easy Repayment Installments
✔ Nationwide Availability
✔ Simple Application Process

Types of Akhuwat Loans

Akhuwat offers different types of loans to cater to individual financial needs:

1️⃣ Business Loan (Karobari Loan)

For those who want to start or expand their business.
✔ Loan Amount: Rs. 10,000 – Rs. 500,000
✔ Repayment Period: 6 months – 3 years

2️⃣ Education Loan (Taleemi Loan)

For students who need financial assistance for higher education.
✔ Loan Amount: Rs. 10,000 – Rs. 100,000
✔ Repayment Period: Until education is completed

3️⃣ Housing Loan (Ghar Banane Ka Loan)

For home repairs or new house construction.
✔ Loan Amount: Rs. 50,000 – Rs. 500,000
✔ Repayment Period: 3 – 5 years

4️⃣ Health Loan (Sehat Loan)

For medical emergencies and health-related expenses.
✔ Loan Amount: Rs. 10,000 – Rs. 200,000
✔ Repayment Period: 1 – 2 years

5️⃣ Agriculture Loan (Zarai Loan)

For farmers needing funds for crops, land improvement, or equipment.
✔ Loan Amount: Rs. 25,000 – Rs. 300,000
✔ Repayment Period: 1 – 3 years

How to Apply for an Akhuwat Loan?

Follow these 5 simple steps to apply for an interest-free loan:

✅ Step 1: Get the Application Form – Visit the nearest Akhuwat branch to collect the loan form.
✅ Step 2: Submit Required Documents – Provide your CNIC, passport-size photos, address proof, and guarantor details.
✅ Step 3: Verification Process – Akhuwat representatives will verify your documents and visit your home.
✅ Step 4: Loan Approval – If eligible, your loan will be approved, and you’ll receive the repayment schedule.
✅ Step 5: Loan Disbursement & Repayment – Once approved, the loan will be provided via cash or bank transfer, with repayments in easy installments.

Eligibility Criteria for Akhuwat Loan

✔ Must be a Pakistani citizen
✔ Age between 18 to 60 years
✔ A guarantor (zamin) is required
✔ Must provide address proof and utility bill
✔ Business loan applicants must submit a basic business plan

Meeting these requirements makes you eligible for an easy and interest-free loan.

Why Choose Akhuwat Loan Scheme?

✔ 100% Interest-Free – No hidden charges
✔ Designed for the financially weak – Focused on helping the needy
✔ Easy application & repayment process
✔ No hidden fees or penalties

If you need financial assistance for business, education, housing, healthcare, or agriculture, Akhuwat is the perfect choice for a secure and interest-free loan!