An Allied Bank Personal Loan, officially called Allied Personal Finance, is an unsecured facility with a non-refundable processing fee of Rs 3,000 or 1% of the loan amount (whichever is higher), a 5% prepayment penalty on the outstanding balance, and a free official calculator to estimate your monthly instalment before you apply.
An Allied Bank Personal Loan works differently from a housing or car loan because nothing is pledged against it — approval depends entirely on income and credit history rather than an asset. Below are the exact fees from Allied Bank's official Schedule of Charges (effective July–December 2026), plus where the bank's own calculator lives.
Personal Loan EMI Calculator
Allied Bank doesn't publish a fixed spread for Allied Personal Finance — it's KIBOR plus a risk-based spread confirmed only on your Key Fact Statement. Enter the rate from your own quote (or KIBOR + an estimated spread) to see your instalment, processing fee, and prepayment cost together.
Enter your quoted markup rate above to see your estimated instalment.
Processing fee (Rs 3,000 or 1% of loan, whichever higher) and 5% prepayment penalty per Allied Bank's official Schedule of Charges, Section E(6), effective Jul–Dec 2026. The markup rate itself must come from your own quote since Allied Bank prices Personal Finance individually per applicant and does not publish a standard spread over KIBOR.
Allied Personal Finance Fees
| Charge | Amount |
|---|---|
| Processing Fee (Non-Refundable) | Rs 3,000 or 1% of the loan amount, whichever is higher — after approval |
| Late Payment Charge | Rs 1,500 per instance |
| Cheque Return Charge (Insufficient Funds on Auto Debit) | Rs 1,200 per instance |
| Prepayment Penalty | 5% of total outstanding amount (no penalty for Corporate-segment borrowers) |
| Limit Enhancement Fee | Rs 2,200 or 1% of the requested amount, whichever is higher |
The processing fee is described in the Schedule of Charges as covering "charges related to Credit Bureau Check, Verification and stamp duty" — so it isn't a pure markup on top of interest, but a bundled cost of underwriting the loan.
Fees confirmed from Allied Bank's official Schedule of Charges, Section E(6) "Allied Personal Finance," effective 01-07-2026 to 31-12-2026.
How Allied Personal Finance Is Priced
Markup is variable, tied to the KIBOR benchmark plus a bank spread that depends on your risk profile — Allied Bank does not offer a zero-markup personal loan product. Because KIBOR moves with monetary policy, your effective rate can change at each repricing date rather than staying fixed for the full loan term; the exact spread is confirmed only on your individual Key Fact Statement.
Prepayment Rules
A prepayment penalty of 5% of the total outstanding amount applies if you pay off Allied Personal Finance early — a meaningful cost on a large remaining balance, so it's worth checking this figure against any potential interest savings before prepaying. Corporate-segment borrowers are the one exception: no prepayment penalty applies to that segment.
Using the Personal Finance Calculator
Allied Bank's Personal Finance Calculator, hosted on abl.com, lets you enter a loan amount and tenure to estimate your monthly EMI and total markup before submitting an application — useful for comparing affordability across different loan sizes before you commit to a formal application.
How to Apply
Online
Visit Allied Bank's Personal Finance page, run the calculator, and apply digitally through myABL Internet & Mobile Banking where available.
In Branch
Visit any Allied Bank branch with salary slips, bank statements, and CNIC for a standard application review.
A Note on "Interest-Free" Searches
Allied Bank's personal finance product always carries a KIBOR-linked markup — there is no genuinely zero-markup personal loan offered by the bank. Customers specifically looking for interest-free or heavily subsidized borrowing are usually better served by government-backed housing or SME schemes, such as the Apna Ghar Program, which carry a markup closer to 5% rather than standard commercial pricing.
Personal Loan vs. Other Allied Bank Financing
An unsecured personal loan is generally the fastest financing route at Allied Bank because there's no collateral valuation or property/vehicle documentation to process — but that speed comes at a cost, since unsecured pricing typically carries a wider spread over KIBOR than a secured product like Allied Home Finance or Allied Car Finance, where the pledged asset reduces the bank's risk. If your borrowing need is tied to a specific large purchase — a car, a home — it's worth comparing the secured product's total cost against a personal loan before assuming the unsecured route is simpler and therefore cheaper; it's usually simpler, but rarely cheaper.
What Affects Your Approved Amount
Approval amount and pricing for Allied Personal Finance depend on verifiable net monthly income, existing debt obligations (a debt-to-income assessment banks run on every application), employment stability, and your credit history as reported to Pakistan's credit bureaus. Salaried applicants whose salary is processed through an Allied Bank account often see a smoother approval process than applicants banking elsewhere, since the bank can verify income directly rather than relying solely on submitted salary slips.
Good For
- Estimating a monthly instalment before applying for a personal loan
- Understanding Allied Bank's KIBOR-linked pricing structure
- Knowing your prepayment options and penalties in advance
- Comparing an unsecured personal loan against secured alternatives