Mobilink Microfinance Bank Loan Guide?


House Loan - Loans of up to PKR 3.5 million for the purchase of a house.

The eligibility requirements for these loans vary depending on the product, but generally speaking, you must be a Pakistani citizen, have a valid CNIC/SNIC, and have a minimum annual income. You may also need to provide collateral, such as gold or property.


Mobilink Microfinance Bank Loan
Mobilink Microfinance Bank Loan


  1. Fori Cash Loan - Loans of up to PKR 350,000 against gold if you have a running business.
  2. Microenterprise Loan - Loans of up to PKR 3 million against gold if you have a running business.
  3. Salary Pension Loan - Loans of up to PKR 350,000 for salaried and pensioned individuals for up to 3 years.

 


The interest rates on Mobilink Microfinance Bank loans are relatively high, ranging from 22% to 35%. However, the bank offers flexible repayment terms, and you can apply for a loan online or at any of their branches.


 

If you are considering applying for a loan from Mobilink Microfinance Bank, it is important to carefully compare the terms and conditions of different products before making a decision. You should also make sure that you can afford the monthly repayments.

 


Mobilink Loan:

Mobilink Microfinance Bank offers a variety of loans to individuals and businesses in Pakistan. Some of the most popular loans include:


 

Fori Cash Loan: This loan is available to individuals with a running business and can be used for any purpose. The maximum loan amount is PKR 350,000 and the repayment period is up to 12 months.


 

Microenterprise Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 3 million and the repayment period is up to 60 months.


 

Salary Pension Loan: This loan is available to salaried and pensioned individuals. The maximum loan amount is PKR 350,000 and the repayment period is up to 3 years.


 

Karobar Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 350,000 and the repayment period is up to 24 months.


 

House Loan: This loan is available to individuals for the purchase of a house. The maximum loan amount is PKR 3.5 million and the repayment period is up to 20 years.

 


Mobilink loan for business:

Mobilink Microfinance Bank offers a few loans specifically for businesses, including:

Fori Cash Loan: This loan is available to individuals with a running business and can be used for any purpose. The maximum loan amount is PKR 350,000 and the repayment period is up to 12 months. The collateral required for this loan is gold.


 

Microenterprise Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 3 million and the repayment period is up to 60 months. The collateral required for this loan is gold.


 

Karobar Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 350,000 and the repayment period is up to 24 months. The collateral required for this loan is gold.


 

Running Finance Loan: This loan is available to businesses that need working capital to meet their day-to-day expenses. The maximum loan amount is PKR 3 million and the repayment period is up to 12 months. The collateral required for this loan is gold or property.


 

Mobilink Advance Loan Code:

The Mobilink advance loan code is #112#. You can dial this code from your Jazz number to get a loan of up to PKR 15. The loan will be credited to your account instantly and the service fee is PKR 2.93 + tax.


 

To avail of the Mobilink advance loan, you must have a valid Jazz SIM card and a minimum balance of PKR 15. You must also have a good credit history with Jazz.

 

 

Mobilink Finance Bank Loan:

Mobilink Finance Bank (MBF) offers a variety of loans to individuals and businesses in Pakistan. Some of the most popular loans include:


 

Fori Cash Loan: This loan is available to individuals with a running business and can be used for any purpose. The maximum loan amount is PKR 350,000 and the repayment period is up to 12 months. The collateral required for this loan is gold. 


 

Microenterprise Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 3 million and the repayment period is up to 60 months. The collateral required for this loan is gold. 


 

Salary Pension Loan: This loan is available to salaried and pensioned individuals. The maximum loan amount is PKR 350,000 and the repayment period is up to 3 years. The collateral required for this loan is gold.



Karobar Loan: This loan is available to small businesses with a minimum of two years of operation. The maximum loan amount is PKR 350,000 and the repayment period is up to 24 months. The collateral required for this loan is gold. 


 

House Loan: This loan is available to individuals for the purchase of a house. The maximum loan amount is PKR 3.5 million and the repayment period is up to 20 years. The collateral required for this loan is gold or property. 


 

The eligibility requirements for MBF loans vary depending on the product. However, generally speaking, you must be a Pakistani citizen, have a valid CNIC/SNIC, and have a minimum annual income. You may also need to provide collateral, such as gold or property.

 


The interest rates on MBF loans are relatively high, ranging from 22% to 35%. However, the bank offers flexible repayment terms, and you can apply for a loan online or at any of their branches.


 

If you are considering applying for a loan from MBF, it is important to carefully compare the terms and conditions of different products before making a decision. You should also make sure that you can afford the monthly repayments.


 

Links to The MBF loan Products:

Fori Cash Loan: https://mobilinkbank.com/loans/fori-cash-loan

Microenterprise Loan: https://mobilinkbank.com/loans/microenterprise-loan

Salary Pension Loan: https://mobilinkbank.com/loans/salary-pension-loan

Karobar Loan: https://mobilinkbank.com/loans/karobar-loan

House Loan: https://mobilinkbank.com/loans/house-loan

 

 

 

Frequently Ask Questions: 

What Are The Eligibility Criteria for a Mobilink Loan?

  1. Be a Pakistani Citizen
  2. Be at least 18 years old
  3. Have a valid CNIC and ID card number
  4. Have a stable source of income
  5. Have a good credit history

 


What Are The Different Types of Mobilink Loans Available?

Microenterprise loans: These loans are designed to help small businesses grow and expand.


Personal loans: These loans can be used for any purpose, such as consolidating debt, paying for a wedding, or buying a car.


Education loans: These loans can be used to pay for tuition, books, and other expenses related to higher education.


Home Improvement Loans: These loans can be used to make improvements to your home, such as adding a new room or remodeling the kitchen. 



How Can I Apply for a Mobilink Loan?

You can apply for a Mobilink loan online, by phone, or in person at a Mobilink branch. To apply online, you will need to provide some basic information, such as your name, contact information, and employment history. You will also need to upload copies of your ID documents and proof of income. 

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