Bint-e-Hawa Loan | https://www.mobilinkbank.com/

Product Description

Empowering female micro entrepreneurs and small business owners in rural and urban areas. Whether you're in trading, manufacturing, or services sectors, this loan is tailored to meet your working capital needs and facilitate business expansion through asset and inventory purchase.

Loan Ticket

PKR- 50,000/- to 100,000/- (For 1st Loan Cycle)

Loan Tenure

3 Months to 36 Months

Smartphone Bundling

Smartphone loan

Household annual income less than Rs. 1,200,000/- (Net of Business Expenses)
Age between 19-60 years (1st loan cycle) 63 years (For subsequent loan cycles).
Business experience of minimum of 1 Years
Holding valid CNIC/SNIC
Not defaulter of any financial institutions & Public Utilities.
Residing in launching cities for at least 1 year in case of owned residence and 2 years in case of rented house

Yes - Mandatory (Any Salaried Person / Business Man).

3 Months to 36 Months

Equal Monthly Installments

PKR- 50,000/- to 100,000/- (For 1st Loan Cycle)
PKR- 50,000/- to 350,000/- (For subsequent Loan Cycles)

As per SOBC

Allowed

*Terms & conditions applicable.

Customers can purchase a new mobile phone and submit the sales invoice to the bank staff. This invoice will be attached to their loan application
The value of the purchased smartphone must not exceed 15% of the requested loan amount
Once the loan is approved, the total loan amount, including the handset amount will be disbursed directly to the customer’s account

More Information:

The maximum tenure for Mobile Handset Financing is one year
A 30% mark-up will apply for the one-year handset financing term
Customers must independently purchase the handset from the open market and provide the sales invoice, along with the handset and its original packaging
If the handset’s value exceeds the eligible loan amount, the customer will bear the excess cost, as the bank will only finance up to 15% of the total loan amount
Only PTA-approved handsets are eligible to be bundled with the Bint-e-Hawa Business Loan