Eligibility Requirements:
- Pakistani residents or foreign nationals with approved company guarantee
- Salaried individuals aged 21-65 years
- Minimum monthly income of Rs. 40,000
- Offered in major cities including Karachi, Lahore, Rawalpindi, Islamabad, Hyderabad, Peshawar, Multan, and Faisalabad
Silkbank Personal Loan Application Steps:
- Email [email protected] or visit the nearest Silkbank branch
- Provide necessary identification and income documentation
- Submit the completed application form for review
- Await loan approval, typically processed within 7 days
- Receive your loan amount directly into your account upon approval
Frequently Asked Questions
How long does it take to get approved for a Silkbank Personal Loan?
Your application will generally be processed within 7 days from the submission of all required documents.
Is it required to explain why credit is being used?
No, Silkbank does not require you to disclose the specific reason for the loan usage.
Do I need to have a good credit score to be approved for Silkbank Personal Loan?
While a good credit score is beneficial, Silkbank evaluates all applications on individual merit.
Can I apply for a loan if I am self-employed?
Currently, Silkbank Personal Loans are available for salaried individuals only.