Bank on your Alfalah POS machine
We know that meeting your daily business expense can be difficult. If you have been an Alfalah POS machine merchant for a year, and have managed at least Rs. 1 million in annual POS sales, then you qualify for Alfalah Merchant Line.
- Alfalah Merchant Line is a business loan designed to help you meet day-to-day expenses
- Avail a loan up to Rs. 15 million for one year, renewable at expiry
- No collateral required of up to Rs. 5 million
- Loan amount based on percentage of annual sales through POS
- Monthly markup payments on utilised amount
Rates and Charges
Processing fee (Up-front with LAF): As per SOC (non-refundable)
Documents charges: Actual cost of revenue and special adhesive stamps
Legal charges: Actual & approved charges of lawyers on the Bank’s approved panel