Loan Scheme

Akhuwat and HBL Introduce a New Personal Loan Scheme

In a groundbreaking collaboration, Akhuwat Foundation and Habib Bank Limited (HBL) have joined hands to launch a transformative new Personal Loan Scheme. This initiative reflects their shared commitment to financial inclusion, poverty alleviation, and the empowerment of individuals seeking to fulfill their dreams. The Akhuwat HBL New Personal Loan Scheme aims to provide accessible and affordable financial solutions to a wider segment of the population, fostering economic growth and prosperity.


Unlocking Opportunities:

The collaboration between Akhuwat Foundation, known for its microfinance initiatives, and HBL, one of Pakistan’s leading banks, represents a significant step towards democratizing financial services. This Personal Loan Scheme is designed to empower individuals from all walks of life, providing them with the financial means to pursue education, start a small business, or meet unforeseen expenses.

Key Features of the Akhuwat HBL New Personal Loan Scheme:

  1. Interest-Free Loans:

    • One of the standout features of this scheme is the provision of interest-free loans, aligning with Akhuwat Foundation’s core philosophy of interest-free microfinance.
    • Borrowers can access the funds they need without the burden of high-interest rates, enabling them to invest in their future without the fear of accumulating debt.
  2. Flexible Repayment Plans:

    • The scheme offers flexible repayment plans, recognizing the diverse financial situations of the borrowers.
    • Monthly installment options and reasonable repayment periods ensure that individuals can repay the loans without compromising their financial stability.
  3. Streamlined Application Process:

    • The application process for the Akhuwat HBL New Personal Loan Scheme is designed to be simple and accessible.
    • Prospective borrowers can apply online or visit designated Akhuwat and HBL branches, making the entire process convenient and user-friendly.
  4. No Collateral Requirements:

    • To further remove barriers to financial access, the scheme does not require collateral.
    • This feature is especially beneficial for those who may not have valuable assets to pledge but have the determination to improve their circumstances.

Impact on Economic Empowerment:

The launch of this collaborative Personal Loan Scheme is expected to have a profound impact on economic empowerment at the individual and community levels. By providing interest-free financial assistance, Akhuwat and HBL are fostering a culture of self-reliance, entrepreneurship, and resilience.

  1. Education and Skill Development:

    • The scheme facilitates access to funds for education and skill development, enabling individuals to enhance their employability and contribute to the workforce.
  2. Entrepreneurship and Small Business Development:

    • Aspiring entrepreneurs can utilize the loans to start or expand small businesses, fostering economic growth at the grassroots level.
  3. Women Empowerment:

    • The scheme also aims to empower women by providing them with the financial means to pursue education, start businesses, or invest in income-generating activities.


The Akhuwat HBL New Personal Loan Scheme stands as a beacon of hope and empowerment, embodying the collaborative spirit of Akhuwat Foundation and HBL. By offering interest-free loans with flexible repayment terms, this initiative is breaking down financial barriers and creating pathways for individuals to achieve their dreams. As the scheme unfolds, it is poised to make a lasting impact on the lives of countless people, driving positive change and contributing to a more inclusive and prosperous society.


1. What is the Akhuwat HBL New Personal Loan Scheme?

The Akhuwat HBL New Personal Loan Scheme is a collaborative effort between Akhuwat Foundation and Habib Bank Limited (HBL) to offer interest-free personal loans for education, business, and personal needs.

2. Who can apply for the loan?

The scheme is inclusive, catering to individuals from various backgrounds. Eligibility criteria include factors such as age, income, and creditworthiness.

3. How can I apply?

Applications can be submitted online or in person at designated Akhuwat and HBL branches. Detailed instructions and required documentation are provided during the application process.

4. Are the loans interest-free?

Yes, the loans are interest-free, aligning with Akhuwat Foundation’s commitment to interest-free microfinance.

5. What are the repayment terms?

The scheme offers flexible repayment plans with monthly installments and reasonable periods to make repayment manageable for borrowers.

6. Is collateral required?

No, collateral is not required, removing barriers for individuals without valuable assets.

7. Can the loan be used for any purpose?

Yes, borrowers have the flexibility to use the loan for education, business, or other personal needs.

8. How long does the application process take?

The application process is designed to be efficient, with efforts to process applications promptly.

9. Is the scheme available nationwide?

Details regarding nationwide availability can be obtained from the official channels of Akhuwat Foundation and HBL.

10. Where can I get more information or assistance?

For more information or assistance, individuals can visit the official websites or contact customer service representatives at designated branches of Akhuwat Foundation and HBL.

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