Alfalah Islamic Green Finance, Eligibility, Apply Online, Features and Benefits,

Alfalah Islamic Green Finance Solution is a Consumer Finance facility for customers willing to install Solar Energy Solution to generate electricity for residential purposes on customer owned house.

Alfalah Islamic Green Finance, Eligibility, Apply Online, Features and Benefits,

Bank Alfalah Islamic Green Finance Apply Online

You can apply Online at the official website www.bankalfalah.com. Alfalah Islamic Green Finance Solution aligns with the principles of Islamic financing (Diminishing Musharakah – Shirkat ul Milk), ensuring compliance with Shariah guidelines while promoting sustainable and eco-friendly energy sources.

Features and Benefits:

Customized solution range 3 KW – 100 KW Financing up to 80% Flexible tenure of 3 – 10 years Competitive pricing Co – applicant option available No hidden charges Minimal documentation and processing fee.

Eligibility Criteria:

Pakistani Computerized National Identity Cardholder Age between 25-60 years for salaried and 25 to 70 years for non-salaried At least 1 year in employment for permanent and 3 years for contractual salaried individuals At least 3 years for self-employed businessperson/ self-employed professionals Must meet minimum income requirements

Documents Required:

Application form CNIC/NICOP copy Latest 2 photographs Copy of self – owned property ownership documents Valid Quotation from Bank’s approved Solar Solution vendor Latest salary slips Last 6 months Personal Bank Statement (for salaried customer) Last 12 months business bank statement (for self-employed) Other income proof Any other as per requirement.

Bank Alfalah Saving Plan

SystemTentative MonthlyTentative Annual
CapacityInstallment (Rs)*Savings after Solar Installation
5KW15,500Up to 350,000
10KW24,500Up to 750,000
15KW37,900Up to 850,000

Note:

Terms and Conditions apply – Diminishing Musharakah is based on Shirkat ul Milk.

author avatar
Fahad Munir

About Fahad Munir

Leave a Reply

Your email address will not be published. Required fields are marked *