Fori Cash Loan | https://www.mobilinkbank.com/

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Product Description

Fori Cash Loan is offered against Gold/Gold Ornaments to cater the needs of individuals having ownership of a running business in the following economic sectors: Trade, Production, Manufacturing, Services, Agriculture, Live Stock, etc.

Loan Amount

Minimum Rs.25,000/- Maximum Rs.350,000/-

Loan Tenure

Up to 12 Months

Basic Requirements

Minimum 2 years’ experience of running business

Further, Self-employed professionals or Salaried Individuals having verifiable SOI can also avail financing under this product subject to fulfilling other eligibility criteria and documentation.

Minimum Rs.25,000/-
Maximum Rs.350,000/-

Up to 12 Months

Minimum 2 years’ experience of running business
For salaried: 1-year permanent employment status with current employer
Self Employed Persons: 1-year
Income Net of Business expenses Rs. 1,200,000
Age between 20-63 Years (Maximum age 59 years in case of salaried individual).
The customer must be the resident of the same city from where loan is required. And the customer must be residing at the same place:
- One year in case of owned residence
- Two years in case of rented residence
Copy of Valid Computerized National Identity Card (CNIC), SNIC.
01 recent passport size photographs of the Customer
Proof of running business place & ownership
Satisfactory Cash Flow
3 Months Salary Slip duly attested by Employer (in case of Salary Class)
6 Months Bank Statement duly attested by relevant bank
Not defaulter of any financial institution
Latest filed Tax Returns if annual income (net of business expenses) exceeds Rs. 600,000/-

Gold/Gold Ornaments

As per Latest SOC

*Terms & conditions applicable.

For complete Product Pricing Structure, please click here.

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