HBL leads the way as the only bank in Pakistan to offer instant Personal Loans through Mobile App

HBL, the largest bank of Pakistan, has also become the first bank in the country to offer instant personal loan through its mobile application. This innovation in service is yet another step in HBL’s fulfilment of its brand promise of enabling dreams, as customers can now select and apply for a loan of their choice from the comfort of their home, in just a few taps!

The new offering seeks to provide the quickest turnaround time of loan processing seen in the financial industry as HBL revolutionizes how consumers loans are applied for and disbursed to customers. Speaking about this, Mr. Aamir Kureshi, Head – Global Consumer Banking at HBL stated, “HBL is pleased to give unparalleled convenience to its customers by digitizing loan approval and disbursal. The entire process is paperless, and the loan can even be disbursed within minutes. The customer response has been extremely encouraging so far and we have disbursed over 1000 loans in less than 30 days of the launch.”

The product is currently available to selected salaried customers across Pakistan exclusively through HBL Mobile. Customers can avail the service by simply logging in to their HBL Mobile and applying through the loan option in the menu bar. The loan applications then undergo credit evaluation and the response is shared within 24 hours. Customers, upon completion of the evaluation, have access to multiple loan options to select from, which can be up to PKR 500,000, and can have the preferred loan amount credited into their account instantly.

Commenting on the ease of the service, Ishtiaq Ahmed, one of the first customers to take an instant personal loan through HBL Mobile, stated, “It took me less than 60 minutes to go through the process and I had my desired loan amount in my account instantly! Without any paperwork or without stepping into the branch even once. It was unbelievable!”


This innovative service enables the customer to apply for and avail a loan without visiting any branch or filling out lengthy forms.