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The Bank of Punjab (BOP) has introduced an amazing loan facility for government and semi-government employees known as the BOP Salary Loan. This loan program provides quick financial support to salaried individuals who need funds for personal use, emergencies, or home expenses. With easy repayment terms, low markup rates, and fast approval, it’s one of the most convenient loan options available in Pakistan.
About BOP Salary Loan
The BOP Salary Loan is a personal loan scheme designed especially for employees who receive their monthly salaries through the Bank of Punjab. This loan helps them meet financial needs like education, health, home repairs, marriage expenses, or any personal reason. The process is simple — just fill out a short form, provide documents, and receive funds directly in your BOP account after approval.
Key Features of BOP Salary Loan
Here are some of the main benefits offered under this program:
- Loan amount from Rs. 100,000 up to Rs. 2,000,000
- Fixed monthly installments
- Repayment period up to 4 years
- Quick processing and fast approval
- Available for permanent employees with salary account in BOP
- Flexible installment options
- Low markup rate compared to other personal loans
Eligibility Criteria
To apply for the BOP Salary Loan, applicants must meet the following requirements:
- Applicant must be a Pakistani citizen.
- Must be a permanent employee of a government or semi-government department.
- Minimum monthly gross salary of Rs. 15,000.
- Applicant should be between 19 to 59 years old.
- Salary should be credited through the Bank of Punjab.
- Should not have any previous loan defaults.
Required Documents
Applicants need to submit the following documents along with their application:
- Copy of CNIC (Computerized National Identity Card)
- Two recent passport-size photographs
- Latest salary slip
- Employment confirmation letter
- Bank account statement (last 3 months)
Loan Repayment Table
Below is a sample repayment table showing approximate monthly installments for different loan amounts and tenures:
| Loan Amount (Rs.) | 1 Year | 2 Years | 3 Years | 4 Years |
|---|---|---|---|---|
| 100,000 | 9,480 | 5,312 | 3,950 | 3,000 |
| 125,000 | 11,850 | 6,460 | 4,937 | 3,700 |
| 150,000 | 14,220 | 7,924 | 5,924 | 4,500 |
| 200,000 | 18,960 | 10,624 | 7,899 | 5,900 |
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How to Apply for BOP Salary Loan Online
Applying for the Bank of Punjab Salary Loan is very easy. You can apply through the following steps:
- Visit the official Bank of Punjab website: www.bop.com.pk
- Go to the Personal Loan Section.
- Download or fill out the Salary Loan Application Form.
- Attach required documents (CNIC, salary slip, confirmation letter).
- Submit the form at your nearest BOP branch or apply online (if available).
Once your application is approved, the loan amount will be transferred directly into your salary account.
Apply Online
To apply now, click the button below and start your loan application today:
Why Choose BOP Salary Loan?
The Bank of Punjab is a trusted name with years of financial service experience. This personal loan is designed to make life easier for Pakistani employees who need quick access to funds. It’s transparent, reliable, and affordable. The entire process is smooth and requires minimum paperwork.
Customer Support
If you have any queries or want to know more, contact BOP through these channels:
- Phone: 111-267-200 or 042-35817646
- Email: feedback@bop.com.pk
- Website: www.bop.com.pk
Frequently Asked Questions (FAQs)
Who can apply for the BOP Salary Loan?
All permanent government and semi-government employees with a salary account in the Bank of Punjab can apply.
What is the minimum and maximum loan amount?
The loan starts from Rs. 100,000 and goes up to Rs. 2,000,000, depending on the applicant’s salary and repayment capacity.
Is there any security or guarantor required?
Yes, a guarantor from the same department or organization may be required as per bank policy.
How long does it take for approval?
Usually, loan approval and disbursement take around 7 to 10 working days after document verification.
Can I pay off the loan early?
Yes, you can repay the loan before the due term by contacting the bank branch for settlement options.
Final Words
The BOP Salary Loan is a great opportunity for salaried individuals in Pakistan who want a quick, safe, and low-interest loan. Whether you need money for an emergency, wedding, education, or any personal goal, this program provides flexible repayment and reliable support. Visit your nearest Bank of Punjab branch today and make your financial life easier.
