Eligibility Criteria
| Banking relationship | At least 1 year |
| Loan Amount | Minimum 50k – Maximum Loan amount 750,000 |
| Loan Tenure | 1-4 Years |
| Mark up Rate | 1 year Kibor + 18% |
| Average Balance | 6 months average balance minimum benchmark |
| Credit History | Customer should never have defaulted in any consumer loan or should not have any over due payment |
| Debt Burden | Must meet debt burden requirement |
| Account Type | Only personal / individual account at ALFA are eligible for Instant Loan |