Akhuwat Loan Scheme 2023 Online Apply, details Amount, Application PDF for Business Program. The Akhuwat Loan Scheme 2023 is a pioneering initiative by the Akhuwat Foundation, a leading non-profit organization in Pakistan.
The Akhuwat Loan Scheme 2023 is a pioneering initiative by the Akhuwat Foundation, a leading non-profit organization in Pakistan. This scheme aims to provide financial support to aspiring entrepreneurs and small business owners to help them establish or expand their businesses. With the convenience of online application and a transparent process, the Akhuwat Loan Scheme 2023 offers a golden opportunity for individuals to pursue their entrepreneurial dreams.

Online Application Process for Akhuwat Loan Scheme
The Akhuwat Loan Scheme 2023 offers a user-friendly online application process, making it accessible to a wide range of individuals across Pakistan. To apply for the loan, applicants can visit the official website of the Akhuwat Foundation and follow the step-by-step instructions provided.

The online application form requires basic personal and business information, such as name, address, contact details, business type, and the loan amount requested. Applicants are also required to upload necessary documents, such as identification proof, business registration documents, and bank statements, to complete the application process. The online application process eliminates the need for physical visits to the office, making it convenient and time-saving for applicants.
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1. Personal responsibility
2. Two guarantors
3. Postdated cheques
4. Any additional collateral in special cases.
Akhuwat Loan Scheme 2023 – Eligibility Criteria
The following items are mandatory for a loan to an eligible male:
- The applicant must have the original CNIC
- The applicant must run a business and be between the ages of 18 and 62.
Loan Type | Rupee Range in PKR | Duration | Application Fee in PKR |
Family Enterprise | 10,00 to 50,000 | 10 to 36 Months | 200 |
Agriculture | 10,000 to 50,000 | 04 to 08 Months | Not |
Liberation Loan | 10,000 to 100,000 | 10 to 36 Months | 200 |
Akhuwat Housing Loan | 30,000 to 100,000 | Up to 36 Months | 200 |
Education | 10,000 to 50,000 | 10 to 24 Months | 200 |
Health | 10,000 to 50,000 | 10 to 24 Months | 200 |
Marriage | 10,000 to 50,000 | 10 to 24 Months | 200 |
Emergency | 10,000 to 50,000 | 10 to 24 Months | 200 |
Equipment and build the School | 25,000 to 150,000 | Up to 36 Months | 200 |
- Applicant must be economically active.
- The applicant cannot be convicted of any criminal activity
- Candidates are of good social status and character
- The applicant has provided at least 02 guarantors, even if he belongs to a family person
- The applicant’s place of residence must remain within a radius of 2 or 2.5 km from the branch office.
- Akhuwat eligibility criteria for a loan are subject to change at any time.
Loan Amount and Repayment Terms
The Akhuwat Loan Scheme 2023 offers loans ranging from PKR 10,000 to PKR 2,000,000, depending on the business requirements and repayment capacity of the applicant. The loan amount is determined based on a thorough assessment of the business plan and financial stability of the applicant.
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The repayment terms are flexible, with options ranging from 6 months to 2 years, allowing borrowers to choose a repayment plan that suits their business cash flow. The interest rate charged on the loan is nominal, making it affordable for borrowers to repay the loan without undue financial burden.
Benefits of Akhuwat Loan Scheme 2023
The Akhuwat Loan Scheme 2023 offers numerous benefits to entrepreneurs and small business owners, making it an attractive option for obtaining financial support for their businesses.
- Interest-free Loans: The Akhuwat Foundation offers interest-free loans to eligible applicants, enabling them to access capital without the burden of interest payments. This makes the loan affordable and allows borrowers to utilize the entire loan amount for business purposes.
- Easy Eligibility Criteria: The eligibility criteria for the Akhuwat Loan Scheme 2023 are simple and inclusive. Applicants need to provide basic personal and business information, and the loan decision is based on the viability of the business idea and the repayment capacity of the applicant.
- Transparent Process: The Akhuwat Foundation follows a transparent loan approval process, ensuring that applicants are treated fairly and impartially. The online application process and thorough assessment of the business plan provide transparency in the decision-making process, giving applicants confidence in the loan approval process.
- Quick Disbursement: The Akhuwat Loan Scheme 2023 aims to disburse loans to approved applicants within a short timeframe. Once the loan is approved, the funds are transferred to the borrower’s bank account, allowing them to start or expand their business without delay.
- Business Support Services: Apart from providing financial support, the Akhuwat Foundation also offers business support services to borrowers. This includes mentorship, training, and guidance on various aspects of business management, helping borrowers to enhance their business skills and improve their chances of success.
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Application PDF and Required Documents – Akhuwat Loan Scheme
To apply for the Akhuwat Loan Scheme 2023, applicants need to submit certain documents along with their online application. The required documents may vary depending on the nature of the business and the loan amount requested. However, some common documents that may be required include:

- Identification Proof: Applicants are required to provide valid identification proof, such as a National Identity Card (NIC), passport, or driver’s license. This is to verify the identity of the applicant and ensure that they are a legal resident of Pakistan.
- Business Registration Documents: If the applicant’s business is registered, they need to provide relevant registration documents, such as a business registration certificate, trade license, or NTN (National Tax Number) certificate. This is to verify the authenticity and legality of the business.
- Bank Statements: Applicants are required to submit bank statements for the past 6 months to a year, depending on the loan amount requested. This is to assess the financial health of the business and the repayment capacity of the applicant.
- Business Plan: Applicants need to provide a detailed business plan that includes information about the business idea, market analysis, marketing strategies, financial projections, and other relevant details. This is to assess the viability and sustainability of the business.
- Other Supporting Documents: Depending on the nature of the business, applicants may be required to submit additional documents, such as sales receipts, invoices, purchase orders, or any other relevant documents that support the business plan and loan application.
- The Akhuwat Foundation may also conduct site visits and interviews with the applicants to further assess the business and repayment capacity. Once all the required documents are submitted and the business plan is assessed, the Akhuwat Foundation reviews the loan application and communicates the loan decision to the applicant.
Conclusion
The Akhuwat Loan Scheme 2023 is a commendable initiative by the Akhuwat Foundation to promote entrepreneurship and support small businesses in Pakistan. With its online application process, flexible repayment terms, interest-free loans, and business support services, the Akhuwat Loan Scheme 2023 provides a valuable opportunity for individuals to pursue their entrepreneurial dreams and contribute to the economic growth of the country.
If you are an aspiring entrepreneur or a small business owner in need of financial assistance, the Akhuwat Loan Scheme 2023 is definitely worth considering. Apply online, provide the necessary documents, and take a step towards realizing your business goals with the support of the Akhuwat Foundation.
dear sir mujy loan laena hy karobar krna chahta ho