Entrepreneur involved in Trade, Production, manufacturing, services, agriculture or livestock raising with specific category of business.
- Minimum Rs.150,001/-
- Maximum Rs.1,000,000/-
Up to one year in case of finance for Working Capital.
*Up to five years in case of Demand Finance.
- Valid Computerized National Identity Card (CNIC)
- 3 recent passport size photographs of the Customer
- Proof of running business place & ownership
- A copy of latest paid utility bill of business place or residence
- NTN Number / Certificate of the Customer (if available)
The microenterprises loan is offered against any one of the following securities:
- Gold bullion /Ornaments.
- *Against legal and /or equitable mortgage of property.
- *Against lien on Fixed Deposits at the bank.
- *Against pledge of Government securities like DSC, SSC duly discharged in bank’s favor.
- Against Bank’s charge on Agri Pass Book.
- *Life Insurance Policy.
*Not offered yet.
|Product Name||Loan Amount||Tenure||New Markup Rate|
|Microenterprise Loan||150,001 - 250,000||1 Month - 12 Months||25%|
|500,001 - 1,000,000||22%|