JS CashAsaan
1. Loan from Rs. 40,000 to Rs. 2 million with equal monthly installments.
2. 1 to 4 years tenure.
3. Two (2) post-dated cheques equivalent to six (6) monthly installments each year.
26% fixed rate p.a. for all Salaried individuals
(*HBC/**NTB) and Self-Employed Individuals (*HBC).
4. 30% fixed rate p.a. for all Self-Employed Individuals availing loan for the first time in the banking industry (***NTI).
5. 26% fixed rate p.a. for all those availing Balance Transfer Facility (only those customers availing Personal Installment Loan from any other bank can apply).
- Personal installment loan plan.
- Salaried Individual/Salary employed individual.
1. Minimum age of 21 years to 60 years (at the time of loan maturity).
2. For Salaried Individual minimum gross monthly salary: Rs. 35,000/ & 75,000.
1. Application Form.
2. CNIC/ /smart ID.
3. Legal/Charge Documents (If Any).
4. Salary Slip/ Salary Certificate.
5. 6-12 months Bank Statement.
6. Account maintenance Certificate (If Required).
7. SBP Undertaking (CF-1).
8. Summary
Box / Key Fact Statement.
9. Tentative Loan Schedule.
10. 6 month bank statement (for SEP).
11. Partnership deed (for sep if required).
- 10 days.
1. RM will collect the application form along with documents.
2. RM will dispatch the package to SPU for inputting.
3. The case will be forwarded to SPU for inputting.
4. The case to be forwarded to CIU for decision making.
5. Approved cases forwarded to CAD.
6. FRMU verification done, case will be approved.
7. If no discrepancy, cad to disburse the case.
1. Processing fee is Rs. 3,500/- or 1% of the loan amount (whichever is higher).
2. Legal & stamping charges at actual and Late Payment Charges are Rs. 1,000/- per month.
3. Credit Protector facility is mandatory and charged at 0.48% of the outstanding loan amount on monthly basis.
4. Early settlement: 1st year = 10% of outstanding loan amount, 2nd to 3rd year = 8% of outstanding loan amount, After 3rd year = 5% of outstanding loan amount.
- Not Applicable.