Allied Bank (ABL) is one of Pakistan's largest banks and a common choice for a personal loan. This guide explains the Allied Bank Personal Loan terms in 2026 — markup rate, maximum amount, tenor and eligibility — and how the cost compares with the wider market and with secured options like car or home financing.
Allied Bank Personal Loan
The Allied Bank Personal Loan is an unsecured loan for salaried customers. In 2026 the markup rate starts from about 20% per year, with financing of up to PKR 3 million and a maximum tenor of 4 years. Eligibility usually requires a minimum monthly income of around PKR 25,000, a valid CNIC and a clean credit record at the State Bank's eCIB.
| Feature | 2026 terms |
|---|---|
| Markup rate | From ~20% per year |
| Maximum amount | Up to PKR 3 million |
| Maximum tenor | 4 years |
| Minimum income | ~PKR 25,000 / month |
| Security | Unsecured (no collateral) |
How the cost compares in 2026
Pakistani bank lending tracks the State Bank of Pakistan (SBP) policy rate, which is 11.50% in 2026, plus KIBOR (around 11.6%–12.4%). Unsecured personal loans across the market typically carry markups of about 18% to 35%, so Allied Bank's "from 20%" is at the competitive end. Remember that the headline markup is not the full cost — add the processing fee, insurance and any documentation charges to compare offers fairly, and always check the total amount repayable over the full tenor.
Personal loan vs secured financing
An unsecured personal loan is the most expensive way to borrow because there is no collateral. If you are financing a specific asset, a secured product is usually far cheaper: car financing and home financing are priced at KIBOR plus a small margin (low-to-mid teens) rather than 20%+. Use a personal loan for genuine short-to-medium term needs — consolidating costs, emergencies or one-off expenses — and keep the tenor as short as your budget allows to reduce the total markup paid.
Eligibility and how to apply
Allied Bank's personal loan is aimed at salaried individuals who meet the minimum income and age criteria with a clean eCIB record. You apply at an ABL branch or through the bank's digital channels with your CNIC, recent salary slips or bank statements, and proof of address. Check your own eCIB credit report before applying, since past defaults or overdue debts are the most common reason applications are declined.
