How To Get 50,000 Loan In Pakistan {20K-50K} (Interest-Free)

Q: Who can benefit from the loan program by the Pakistan Poverty Alleviation Fund (PPAF)?

PPAF's loan program is available to individuals aged 18 to 60 years . It offers interest-free loans for small businesses, with an average loan size of around PKR 30,000, and reserves 50% of loans for women .

Q: What is the average loan amount provided by the Balochistan Rural Support Program (BRSP)?

The average loan amount provided by BRSP is approximately PKR 21,553 per person , assisting individuals in setting up micro-enterprises and improving their socioeconomic conditions.

In Pakistan, getting a PKR 50,000 Loan without interest is a difficult task, especially for the poor living in rural or far-off areas.

For them, there are many welfare organizations in Pakistan, that provide urgent cash loans to the poor and needy, offering interest-free loans from PKR 50,000 to 5 Lakh at maximum.

In this article, we will explore some of the top welfare organizations in Pakistan, such as the Akhuwat Foundation, Pakistan Poverty Alleviation Fund (PPAF), Ihsaas Trust, Balochistan Rural Support Program (BRSP), and Agahe Pakistan, which provide interest-free loans ranging up to 50,000 PKR.

Our aim is to highlight the opportunities for interest-free loans for the poor and needy seeking urgent cash loans without the burden of interest rates. So, let’s start our guide!

Interest-Free 50,000 Loan In Pakistan | Urgent Cash Loan In Pakistan

Interest-Free 50,000 Loan In Pakistan | Urgent Cash Loan In Pakistan

Recommended Reading: How To Get An Interest-free Loan Online [20K-75K]

Interest-Free 50,000 Loan In Pakistan

Many welfare organizations in Pakistan provide interest-free loans ranging from PKR 50,000 to PKR 5 Lakh to the poor and needy across Pakistan.

We are going to explore the following welfare organizations to get PKR 50,000 loan in Pakistan:

Akhuwat Foundation
Pakistan Poverty Alleviation Fund (PPAF)
Ihsaas Trust
Balochistan Rural Support Program (BRSP)
Agahe Pakistan.

Akhuwat Foundation

Akhuwat Foundation Loan: Akhuwat Foundation, a prominent welfare organization in Pakistan, provides interest-free loans of up to PKR 50,000 for various purposes, catalyzing socio-economic development.

Here are the key areas where individuals can avail themselves of these loans:

Product	Description	Loan Range	Duration	Profit Rate	Interest Rate	Initial Application Fee	Mutual Support Fund Contribution
Family Enterprise Loan:	Loans for starting or expanding a business.	Rs. 10,000 to Rs. 50,000	10-36 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Agriculture Loan:	Loans for small farmers for agricultural inputs and expenses.	Rs. 10,000 to Rs. 100,000	4-8 months	0%	None	None	Optional 1% of loan amount
Liberation Loan:	Loans to repay exploitative money lenders and repay AIM in easy installments.	Rs. 30,000 to Rs. 100,000	Up to 36 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Housing Loan:	Loans for house renovation or construction.	Rs. 10,000 to Rs. 50,000	10-24 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Education Loan:	Loans for students from low-income backgrounds with excellent academic results.	Rs. 10,000 to Rs. 50,000	10-24 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Health Loan:	Loans for poor individuals suffering from serious illnesses.	Rs. 10,000 to Rs. 50,000	10-24 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Marriage Loan:	Loans for parents to arrange marriage ceremonies and dowries for their daughters.	Rs. 10,000 to Rs. 50,000	10-24 months	0%	None	Up to Rs. 200	Optional 1% of loan amount
Emergency Loan:	Loans for families facing sudden business losses or other immediate contingencies.	Rs. 10,000 to Rs. 50,000	10-24 months	0%	None	Up to Rs. 200	Optional 1% of loan amount

Table: Akhuwat-Foundation-Loan

How To Apply For Akhuwat Loan | Akhuwat Loan Application Form

To apply for an Akhuwat loan, follow these steps:

Locate the Nearest Akhuwat Center: Visit the Akhuwat official website at https://akhuwat.org.pk/branch-network/ to find the nearest Akhuwat Center in your area.
Obtain the Application Form: Once you have identified the nearest Akhuwat Center, visit the center in person. Request the loan application form from the center staff.
Complete the Application Form: Take your time to carefully fill out the application form. E
Gather Required Documents: Along with the completed application form, gather the necessary documents as specified by Akhuwat.
Submit the Application: Return to the Akhuwat Center and submit the completed application form along with the required documents.
Await Approval: After submitting your application, Akhuwat will review your request and evaluate your eligibility for the loan.
Follow-up Communication: Akhuwat may contact you for further verification or clarification during the evaluation process.
Loan Disbursement: If your loan application is approved, Akhuwat will notify you regarding the loan amount, repayment terms, and any other relevant details.

Akhuwat Foundation Contact Details | Akhuwat Loan Contact Number

To get How To Get 50000 Loan In Pakistan from Akhuwat Foundation, you can get loan information by using the following avenues:

Website: https://akhuwat.org.pk/
Akhuwat Helpline: 042 35122743
Email: info@akhuwat.org.pk

Pakistan Poverty Alleviation Fund (PPAF)

PPAF, a government-funded program, offers interest-free loans to support poverty alleviation efforts in Pakistan.

Here are the key features of PPAF’s loan program:

Feature	Details
Age Limit:	18 to 60 years: Suitable for young entrepreneurs and experienced professionals.
Interest-Free Loans:	Loans specifically for small businesses to stimulate economic growth.
Maximum Loan Amount:	Up to Rs. 75,000: Substantial capital for starting or developing business ideas.
Average Loan Size:	Rs. 30,000: Ensures support for individuals with smaller financing needs.
Women’s Loans:	50% of loans are reserved for women to promote gender equality and economic participation.
Geographic Coverage:	Active in over 100 districts across Punjab, Sindh, Balochistan, Khyber Pakhtunkhwa,
	Islamabad Capital Territory, Gilgit Baltistan, and Azad Jammu & Kashmir.

Table: PPAF-Interest-Free-Loan-In-Pakistan

PPAF Interest-Free Loan Application Form

To apply for an interest-free loan of PKR 50,000 from PPAF through its partner organizations, follow these steps:

Identify Partner Organizations: PPAF has partnered with 22 organizations across 100 districts in Pakistan to facilitate the loan program. Visit the PPAF App or website at https://www.ppaf.org.pk/NPGI to locate the nearest office of a partner organization in your district.
Register as a Potential Borrower: Visit the designated loan center of the partner organization and register yourself as a potential borrower.
Obtain Loan Application Form and Business Plan Form: Once registered, request the loan application form and the business plan form from the loan center.
Complete the Forms: Take your time to carefully fill out the loan application form and the business plan form.
Gather Required Documents: Along with the completed forms, gather the required documents as specified by the partner organization.
Submit Complete Documents: Return to the loan center and submit the completed loan application form, business plan form, and all the required documents.
Document Verification and Evaluation: The partner organization will review your loan application, business plan, and supporting documents.
Loan Approval and Disbursement: If your loan application is approved, you will be notified by the partner organization.

PPAF Interest-Free Loan Contact Details

Website: https://www.ppaf.org.pk/ifl
Akhuwat Helpline: +92 (51) 8439450 – 79
Email: info@ppaf.org.pk

Ihsaas Trust

Ihsaas Trust: Ihsaas Trust is dedicated to fostering economic empowerment by providing interest-free loans to initiate businesses throughout Pakistan.

The trust operates through two distinct approaches, each serving a specific purpose:

Program	Description	Key Points
Philanthropic Disbursement:	Supports individuals and families through Zakat or Sadaqa for immediate needs.	Financial Support: Covers healthcare needs across the primary, secondary, and tertiary spectrum.
		Ration Support: Provides direct cash transfers for rations using mobile payment solutions.
		Investment Strategy: Works with institutional partners to ensure quality and service provision.
		In-Person Needs Assessment: Matches philanthropy to actual needs through in-person assessments.
		Non-Zakaat Contributions: Allows partners to use funds flexibly for operations, payroll, capital expenses, or supplies.
Enterprise Facilitation:	Supports micro-entrepreneurs from the bottom-of-pyramid segment.	Target Beneficiaries: These focus on individuals lacking access to formal finance who want to start micro-businesses.
		Entrepreneur-Centric Approach: Provides capacity development and initial infrastructure support.
		Stages for Beneficiaries: Surveys and interviews to assess resourcefulness, determination, and grit.
		MSME Impact: Addresses the gap where 90% of micro and small enterprises lack formal finance.

Table: Ihsaas-Trust

Ihsaas Trust Loan Application Form

To apply for an interest-free loan of PKR 50,000 from Ihsaas Trust, follow these steps:

Visit the Ihsaas Trust Official Website: Go to the Ihsaas Trust website at https://ihsaas.pk/start-your-micro-business/#application-form.
Fill Out the Online Application Form: On the website, locate the online application form for the loan.
Submit the Online Application Form: Once you have filled in the necessary information, submit the online application form through the website.
Await Contact from Ihsaas Trust: After submitting the online application form, the office of Ihsaas Trust will review your application.
Provide Further Details: When contacted by Ihsaas Trust, provide any additional information or documentation they may require.
Loan Availability Confirmation: Once Ihsaas Trust has reviewed your application and the required details, they will inform you about the availability of the interest-free loan.

Ihsaas Trust Interest-Free Loan Contact Details

Website: https://ihsaas.pk/
Akhuwat Helpline: https://ihsaas.pk/contact-us/
Email: info@ihsaas.pk

Balochistan Rural Support Program (BRSP)

The Balochistan Rural Support Program (BRSP) is actively involved in implementing an Interest-Free Loan (IFL) program across six districts in Balochistan, namely Zhob, Pishin, Killa Abdullah, Kharan, Khuzdar, and Jhal Magsi.

Here are the key features of the loans provided by BRSP:

Program	Description	Key Points
Small Loans for Micro-Enterprises:	Provides financial assistance to impoverished households to support the establishment of micro-enterprises.	Purpose: Helps individuals start income-generating activities and businesses.
		Economic Impact: Contributes to local economic development and poverty alleviation.
Average Loan Amount:	Disburses loans with an average amount of PKR 21,553 per person.	Capital Support: Provides crucial capital for micro-enterprises.
		Affordability: Ensures accessibility for individuals with modest financing needs.
		Resource Acquisition: Enables individuals to acquire necessary resources and cover initial operational costs.

Table: Balochistan-Rural-Support-Program

How To Get A Loan From Balochistan Rural Support Program

To obtain a loan from the Balochistan Rural Support Program (BRSP), follow these steps:

Identify the Nearest PPAF or BRSP Community Center: The loan program is facilitated through PPAF (Pakistan Poverty Alleviation Fund) and BRSP community centers.
Obtain Loan Application Form: Visit the identified PPAF or BRSP community center and request a loan application form.
Complete the Application Form: Take your time to carefully fill out the loan application form.
Gather Required Documents: Along with the completed application form, gather the required documents as specified by the PPAF or BRSP center.
Submit the Application and Documents: Return to the PPAF or BRSP community center and submit the completed loan application form along with the required documents.
Await Loan Disbursement Notification: After submitting your application and documents, the PPAF or BRSP center will review your application and conduct the necessary assessments.

BRSP Interest-Free Loan Contact Details

Website: https://brsp.org.pk/
Akhuwat Helpline: (+92) 81 247 1438, (+92) 81 247 0610
Email: info@brsp.org.pk

Recommended Reading: How To Get An Interest-free Loan Online [20K-75K]

Agahe Pakistan

Agahe Pakistan is dedicated to empowering women and youth by offering microfinance facilities, training, and networking opportunities.

Here are the interest-free loan options provided by Agahe Pakistan:

Loan Type	Loan Amount	Duration	Features	Eligibility	Required Documents
General Business Loan:	PKR 40,000 to PKR 65,000	12 months	Simple terms, equal monthly installments, life insurance	Age 18-59, resident of the target area, group members 3-15	National ID, proof of residence, 2 photos, security cheques, affidavit
Agriculture Loan:	PKR 15,000 to PKR 75,000	6 months	Simple terms, lump sum payment, insurance	Age 18-59, resident of the target area, land ownership up to 5 acres	National ID, proof of land ownership, 2 photos, security cheques, affidavit
Livestock Loan:	PKR 20,000 to PKR 200,000	12-24 months	Simple terms, equal monthly installments, livestock insurance, life insurance	Age 18-59, resident of the target area, group members 3-10	National ID, proof of residence, 2 photos, security cheques, affidavit
Micro-Enterprise Loan:	PKR 70,000 to PKR 300,000	12-24 months	Simple terms, equal monthly installments, life insurance	Age 21-59, resident of the target area, group members 3-5	National ID, proof of residence, 2 photos, security cheques, affidavit
Solar Loan:	PKR 30,000 to PKR 500,000	12-24 months	Simple terms, equal monthly installments, life insurance	Age 18-59, resident of the target area, group members 3-15	National ID, proof of residence, 2 photos, security cheques, affidavit
Auto Loan:	PKR 40,000 to PKR 300,000	12-24 months	Simple terms, equal monthly installments, insurance	Age 18-59, resident of target area, driving license	National ID, proof of home ownership, proof of income, 2 photos, security cheques, affidavit
Education Loan:	PKR 50,000 to PKR 700,000	12-24 months	Simple terms, equal monthly installments, life insurance	Age 18-65, for schools only, minimum 2 years experience, minimum enrollment 150, registered school	National ID, proof of residence, bank statement, proof of income, 2 photos, security cheques, affidavit
House Loan:	PKR 150,000 to PKR 1,500,000	12-60 months	Simple terms, equal monthly installments, life insurance	Age 18-59, resident of the target area, ownership of the residential plot	National ID, proof of ownership, bank statement, proof of income, 2 photos, security cheques, affidavit

Table: Agahe-Loan

How To Get An Interest-Free Loan From Agahe Pakistan

To obtain an interest-free loan from Agahe Pakistan, follow these steps:

Visit the Agahe Pakistan Loan Center: Locate the nearest loan center of Agahe Pakistan by visiting their official website at https://agahepakistan.org/.
Obtain the Application Form: Once you visit the Agahe Pakistan loan center, request an application form from the branch staff.
Fill Out the Application Form: Take your time to carefully fill out the application form.
Bring the CNIC of the Guardian: Along with the application form, it is essential to bring the CNIC of the guardian of your house.
Submit the Application: Once you have filled out the application form and have the necessary documents, submit them to the loan center staff.
Loan Disbursement from Branch: If your loan application is accepted, Agahe Pakistan will notify you of the approval.

Agahe Pakistan Interest-Free Loan Contact Details

Website: https://agahepakistan.org/
Akhuwat Helpline: 042-35291211, 067-3366860
Email: info@agahepakistan.org

FAQs | Loan In Pakistan

I need a 50,000 rupees loan urgently without interest how to get it?

If you need a 50,000 rupees loan urgently, I would recommend visiting your nearest Akhuwat Center to get an urgent loan without interest.

Which organizations in Pakistan provide interest-free loans?

Some of the prominent organizations offering interest-free loans in Pakistan include the Akhuwat Foundation, Pakistan Poverty Alleviation Fund (PPAF), Ihsaas Trust, Balochistan Rural Support Program (BRSP), and Agahe Pakistan.

What are the different types of interest-free loans provided by Akhuwat Foundation?

Akhuwat Foundation provides interest-free loans for various types/purposes, such as family businesses, agriculture, liberation, housing, education, health, marriage, and emergency situations.

Who can benefit from the loan program by the Pakistan Poverty Alleviation Fund (PPAF)?

PPAF’s loan program is available to individuals aged 18 to 60 years. It offers interest-free loans for small businesses, with an average loan size of around PKR 30,000, and reserves 50% of loans for women.

What areas does the Balochistan Rural Support Program (BRSP) cover for its interest-free loan program?

BRSP implements its interest-free loan program in six districts of Balochistan, namely Zhob, Pishin, Killa Abdullah, Kharan, Khuzdar, and Jhal Magsi.

What sectors are covered by Agahe Pakistan’s interest-free loan program?

Agahe Pakistan provides interest-free loans in sectors such as financial products and services, including general loans, agriculture loans, livestock loans, micro-enterprise loans, as well as interest-free loans for solar home solutions, auto loans, education finance, and house loans.

How does Agahe Pakistan support women and youth through its loan program?

Agahe Pakistan focuses on empowering women and youth by offering microfinance facilities, training, and networking opportunities along with interest-free loans. This support enables them to establish micro-enterprises and enhance their financial independence.

What is the average loan amount provided by the Balochistan Rural Support Program (BRSP)?

The average loan amount provided by BRSP is approximately PKR 21,553 per person, assisting individuals in setting up micro-enterprises and improving their socioeconomic conditions.

What are the eligibility criteria for obtaining an interest-free loan from Akhuwat Foundation?

Akhuwat Foundation typically requires individuals to meet certain eligibility criteria, such as being a Pakistani citizen, having a low-income status, and demonstrating a genuine need for financial assistance. Specific requirements may vary, so it’s recommended to contact the Akhuwat Foundation directly for detailed information.

How does the Pakistan Poverty Alleviation Fund (PPAF) ensure the repayment of interest-free loans?

PPAF implements various mechanisms to ensure loan repayments, such as establishing effective loan monitoring systems, providing financial literacy training to borrowers, and maintaining close communication with loan recipients.

Additionally, the program may incorporate group lending methodologies, where borrowers within a community collectively guarantee each other’s loans.

Can interest-free loans from Ihsaas Trust be used for purposes other than starting businesses?

While Ihsaas Trust primarily focuses on providing interest-free loans to start businesses, the specific purposes for which the loans can be utilized may vary.

Are there any specific requirements or qualifications to be eligible for Ihsaas Trust’s interest-free loans?

Ihsaas Trust focuses on empowering individuals, especially women, and youth, through interest-free loans. While specific requirements may vary, applicants are typically evaluated based on their business ideas, potential for growth, and commitment to repay the loan.

Can Agahe Pakistan’s interest-free loans be utilized for educational purposes?

Yes, Agahe Pakistan offers education finance as one of its interest-free loan options. This provides individuals with the opportunity to fund their education, cover tuition fees, purchase educational materials, or invest in skill development programs.

Are there any specific sectors or businesses preferred by the Akhuwat Foundation for their interest-free loans?

Akhuwat Foundation offers interest-free loans for various purposes, including family businesses, agriculture, liberation, housing, education, health, marriage, and emergencies.

They prioritize the borrowers’ needs and aspirations rather than restricting them to specific sectors or businesses.

Is there an age limit to apply for an interest-free loan from PPAF?

Yes, PPAF has an age limit of 18 to 60 years for applicants to be eligible for their interest-free loans.

Can men apply for interest-free loans from Ihsaas Trust, or is it exclusively for women and youth?

Ihsaas Trust provides interest-free loans primarily targeting women and youth. However, it’s recommended to contact their office directly to inquire about any specific eligibility criteria or exceptions.

What is the loan amount provided by BRSP under the Interest-Free Loan (IFL) program?

The average loan amount provided by BRSP under the Interest-Free Loan (IFL) program is PKR 21,553 per person.

However, the exact loan amount may vary based on individual circumstances and the evaluation process.

Can I apply for multiple loans from different organizations simultaneously?

While it’s possible to apply for loans from multiple organizations simultaneously, it’s essential to carefully consider your repayment capacity and ensure that you can manage the loan obligations effectively.

It’s recommended to assess your financial situation and prioritize your loan applications accordingly.

Are interest-free loans available to individuals residing in all regions of Pakistan?

Interest-free loan programs may have specific regional availability. While some organizations may offer loans nationwide, others may focus on specific regions or communities. It is important to check with the organization to determine if their loan programs are available in your region.

How long does it take to receive the loan amount after approval?

The time it takes to receive the loan amount after approval may vary depending on the organization and its processes.

Once your loan is approved, the organization will provide you with further instructions regarding the disbursement of funds. It is advisable to inquire directly with the organization to get an estimate of the timeframe for receiving the loan amount.

Can I use an interest-free loan to consolidate my existing debts?

The specific use of an interest-free loan may vary depending on the organization and the loan program.

While some organizations may allow the use of the loan amount for debt consolidation, others may have specific guidelines on how the loan funds can be utilized.

It is recommended to check with the organization regarding the permissible uses of the loan amount.

Can I apply for an interest-free loan if I have a low credit score?

The impact of a low credit score on your eligibility for an interest-free loan may vary depending on the organization.

While some organizations may consider applicants with a low credit score, others may have stricter requirements.

It is advisable to inquire directly with the organization offering the loan program to understand their policies regarding credit scores and eligibility.

Can I apply for an interest-free loan as a student?

Some interest-free loan programs may have specific provisions for students. These loans may be designed to support educational expenses or to assist students in starting their own businesses.

It is advisable to inquire directly with the organization offering the loan program to determine if they have any specific provisions for student loans.

What is the frequency of loan repayments?

The frequency of loan repayments varies depending on the organization and the loan program. Repayments may be required on a monthly, quarterly, or annual basis, depending on the agreed-upon terms and schedule outlined in the loan agreement.

It is important to review the repayment terms and understand the frequency of repayments for the specific loan program you are applying for.

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