What Is Creditech Personal loan
Personal Loan at Creditech offers a flexible, Shariah-compliant, interest-free (Riba-free) financing solution tailored to meet your personal financial needs. Unlike traditional loans that rely on interest-based repayment models, Creditech’s Personal Loan operates under the principles of Islamic finance, ensuring that all transactions comply with Shariah laws.
Creditech Personal loan - Eligibility Criteria
Application Eligibility:
You have to be at least 21 years of age if you are salaried OR 25 years of age if you are self employed
Minimum Monthly Salary / Income: 40,000
Must have valid and active email ID
Have a valid Pakistan mobile number
Documents Required:
CNIC
Income Proof
Required Documents
For Salaried Individuals
- Latest employment certificate, including the date of joining.
- Last six months’ credited salary bank statement.
- CNIC copy of the nominee.
- Employer’s HR representative details (name and mailing address).
- Credit Bureau Report from the applicant’s country of stay.
For Businessmen Individuals:
- Valid proof of business.
- Last six months’ verified bank statements (through embassy).
- CNIC copy of the nominee.
- Credit Bureau Report from the applicant’s country of stay.
- If income is from remittances, a six-month bank statement of the remitter is required.
How to Get a Personal Loan Through Creditech
Getting a loan through Creditech Personal Loan is simple. First, ensure you meet the eligibility criteria, such as being at least 21 years old (for salaried individuals) and having a minimum monthly income of PKR 40,000. Next, complete the application form and submit required documents like your CNIC and income proof. Once approved, the loan amount will be disbursed to you. You can then repay the loan in affordable monthly installments. Creditech Personal Loan offers a flexible, easy way to access funds with manageable repayments.