MCB Personal Loan is a Fast, Affordable and Easy option to meet your immediate financing needs.
- Minimum Loan Amount: PKR 50,000
- Maximum Loan Amount: Up to PKR 2 Million
- Tenure: 1 year to 5 years
- No collateral required
- No processing fee if loan is not approved
- Approved Cities: Karachi, Lahore, Rawalpindi, Islamabad, Faisalabad, Hyderabad, Multan and Peshawar.
- Salaried individuals working in the Private sector, Government of Pakistan and Armed Forces *
- Any person who has taken a credit card, personal loan or an overdraft facility from any bank in Pakistan.
- An existing MCB Car4U customer who took the MCB car loan more than 1 year ago*
- Any MCB salaried customer whose salary has been being credited in MCB for more than a year
- Minimum Net monthly Salary
- Salaried Customers : PKR 30,000 to PKR 40,000/- depending on employer*
- Govt. Officers/ Armed Forces : PKR 30,000
Prime Customer Category Eligibility
- Salaried: if you have a Monthly Gross Salary of over PKR 500,000**
- Copy of Salary slip/ Proof of income
- Copy of Valid CNIC
|Customers with Qualifying Credit History||Customers with non-Qualifying Credit History|
|Tenure||1 to 5 years|
|Salaried – Govt./Armed Forces||1-Year KIBOR + 14%||1 – Year KIBOR + 16%|
*Subject to terms & conditions
** The approval eligibility criteria have been broadly defined. Bank reserves the right to accept or reject any proposal.
For further information, please call MCB Phone Banking at 111-000-622 (MCB Bank) or visit your nearest MCB Bank branch or click here
All loans shall be processed and approved as per MCB Bank Limited sole discretion in accordance with regulations and Bank’s approved policies and procedures