Q: What is EWR Financing?
EWR Financing is a short-term agricultural loan where your stored commodities; rice, maize, or wheat, held in an accredited warehouse serve as collateral. You receive liquidity without having to sell your stock immediately.
Q: How much financing can I get?
You can borrow between Rs. 50,000 and Rs. 1,000,000, up to 70% of your commodity’s assessed value at the time of application
Q: What tenures are available?
Flexible repayment tenures 3-12 months.
Q: Who is eligible to apply?
Applicants must be between 18–60 years of age (up to 65 at loan maturity), have at least 2 years of experience in farming or commodity trading, and reside in the same city where the loan is being applied for.
Q: What commodities are accepted as collateral?
Currently, rice, maize, and wheat stored in Securities and Exchange Commission of Pakistan (SECP) accredited warehouses managed by approved Collateral Management Companies (CMCs) are eligible.
Q: Is insurance included?
Yes. Free Credit Life Insurance is included, covering permanent disability or death of the borrower.
Q: What are the processing fees?
Processing fees apply as per Mobilink Bank’s SOC.
Q: Do I need an account with Mobilink Bank?
Yes. Account opening is mandatory as part of the onboarding process.
