Need a Rs. 10 lakh loan to start a business, buy property, or manage personal expenses in Pakistan?
You’re not alone — thousands of Pakistanis are searching for safe, fast, and legal ways to get high-value loans.
In this 2025 step-by-step guide, we’ll explain exactly how to get a loan of 10 lakhs in Pakistan — whether from banks, mobile apps, government programs, or interest-free (Qarz-e-Hasna) options.
✅ Quick Overview: Options for 10 Lakh Loan in Pakistan
| Source | Max Limit | Type of Loan | Approval Time |
|---|---|---|---|
| Commercial Banks | Rs. 10 lakh+ | Personal/Business | 3–7 days |
| Islamic Banks | Rs. 10 lakh | Shariah-compliant | 5–10 days |
| Loan Apps (SECP Reg.) | Up to Rs. 500,000 | Digital Credit | Instant–5 days |
| Govt Programs | Rs. 1 million+ | Youth/SME Loan | 7–15 days |
| NGOs (Qarz-e-Hasna) | Rs. 500k–10 lakhs | Interest-free | Interview-based |
🏦 1. Bank Loans – The Most Reliable Source for Rs. 10 Lakh
🔹 Top Banks Offering Rs. 10 Lakh+ Loans:
| Bank Name | Loan Type | Collateral Required? | Notes |
|---|---|---|---|
| HBL | Personal & Business | Sometimes | Flexible tenure |
| MCB | Car/Home/Personal | Optional | Low markup |
| UBL | Personal Loan | Not always | Easy application |
| Bank Alfalah | Alfalah Loan | Usually No | Fast disbursal |
| Meezan Bank | Islamic Financing | No interest | Shariah-approved |
💡 Tip: Always ask about markup rate, repayment period, and hidden charges.
📱 2. Mobile Apps for Loans – Fast but Limited to Rs. 5 Lakh
If you want a smaller portion of the 10 lakh loan instantly, digital apps are useful.
🔝 Most Trusted Loan Apps in Pakistan:
| App Name | Max Loan | Processing Time | Register With |
|---|---|---|---|
| Barwaqt | Rs. 200k | 24 hours | SECP |
| Finja | Rs. 500k | 2–5 days | SECP |
| Easypaisa Loan | Rs. 50k–200k | Few hours | Telenor Bank |
| SeedCred | Rs. 500k | 1–3 days | Fintech |
⚠️ Warning: Never use unregistered apps or those asking for sensitive data without verification.
🕌 3. Islamic & Interest-Free Loan (Qarz-e-Hasna)
Want to avoid riba (interest)? You can apply for Shariah-compliant or Qarz-e-Hasna (interest-free) loans.
💼 Islamic Banking Options:
- Meezan Bank Easy Finance
- Al Baraka Islamic Personal Loan
- Dubai Islamic Bank Consumer Finance
🤝 NGOs Offering Interest-Free Loans:
| NGO/Foundation | Max Loan | How to Apply |
|---|---|---|
| Akhuwat Foundation | Rs. 500,000 – 10 lakh | Visit local center, fill form |
| Saylani Welfare | Rs. 5–10 lakh | Need-based selection |
| Al Khidmat Foundation | Up to 10 lakh | Requires application and screening |
🧕 These loans are ideal for low-income families and women entrepreneurs.
💼 4. Government Programs – Kamyab Jawan & SME Loans
For startups, freelancers, and small businesses, government-backed loans are available at subsidized markup.
🚀 Kamyab Jawan Program – 2025 Updated
| Tier | Loan Amount | Markup Rate | Tenure |
|---|---|---|---|
| Tier 1 | Rs. 100k–500k | 0% | Up to 3 yrs |
| Tier 2 | Rs. 500k–15 lakh | 4% | Up to 8 yrs |
| Tier 3 | Rs. 15–75 lakh | 5% | Up to 8 yrs |
📝 Apply at: www.kamyabjawan.gov.pk
Other Government Schemes:
- SMEDA Business Loans
- Punjab Rozgar Scheme
- Women Entrepreneurship Fund
📋 5. Documents Required for 10 Lakh Loan
To get approved, ensure you have:
✅ CNIC Copy
✅ Passport-size photograph
✅ Salary slip / Business proof
✅ 6-month bank statement
✅ NTN (for business loans)
✅ Guarantor details (sometimes)
📎 Always submit complete and original documents for faster processing.
⚡ 6. Tips to Get Your Loan Approved Faster
- Maintain a good bank statement
- Apply during business hours
- Provide valid income proof
- Choose the right type of loan (personal/business/islamic)
- Apply to registered organizations only
❓ Frequently Asked Questions
Q: Can I get Rs. 10 lakh loan without a job?
A: Yes, if you apply under business loans, government youth schemes, or Qarz-e-Hasna with a guarantor.
Q: What is the best bank for 10 lakh loan?
A: UBL, HBL, and Meezan Bank offer easy processing and flexible terms.
Q: Can I get a loan online?
A: Yes, you can apply online through bank websites or mobile loan apps like Finja and Barwaqt.
🧭 Final Thoughts
Getting a Rs. 10 lakh loan in Pakistan is now easier than ever in 2025 — whether for business, personal use, or home investment.
Choose the best option for your situation:
- ✅ Bank loans for reliability
- ✅ Loan apps for instant cash
- ✅ Islamic loans for interest-free needs
- ✅ Government schemes for subsidized youth/business support
Apply smartly, keep documents ready, and take advantage of the best financing tools available in Pakistan today.
