Khud Mukhtar, Naya Aghaz
Financing - Between RS. 50,000/- and RS. 1,500,000/-
Equity – No equity contribution required.
Mark-Up – Fixed at 5% per annum.
Financing Tenure – Between one (1) to five (5) Years, with repayment in equal quarterly installments.
Processing fees – No fee.
Collateral - The loan may be unsecured with post-dated checks only for loan size of up to and equivalent to PKR 500,000/-
For a loan size ranging above PKR 500,000/-, the collateral against the facility may be any tangible security/collateral acceptable to the Bank’s policy.
- Term Loan.
- People With disabilities ( Business loans).
1. Computerized National Identity Card (CNIC) holder with disability logo, with minimum 18 and maximum age of 60 years.
2. Must have an NTN.
3. Must have Clean e-CIB record.
4. Financing will be provided for:
1. Setting up of a new business enterprise.
2. Expansion of an existing one where the individual has been in business for at least one year and has sufficient. knowledge of the business.
3. Ability to conduct business
1. Financial accounts in some form, signed by the borrower, as per SME PR's.
2. Loan Application Form.
3. Personal Guarantee of the owners.
4. Supporting Documents / Undertaking to be obtained for proper utilization of loan.
5. Business Plan to ensure regular and estimable positive cash flows to ensure ability of debt servicing.
6. Any other requirement of the Bank.
7. CNIC copy.
8. NTN.
- 30 days as per SBP.
- No Processing Fee.
1. Insurance.
2. Mortgage.
3. Financials( if consultant is required).
Partners on Board:
1. LABARD.
2. NOWPDP.