Karobari Term Finance
Karobari term finance is a specialized product that is meant for such enterprises who are commercially viable Micro-entrepreneurs, either self-employed or have few individuals employed in their business.
The loan can be used for replenishment of working capital for business operations or for capital investment for business expansion.
Loan Eligibility Criteria:
- Small business men and women owners
- Business should be operating at the same place for at least 2-3 years
- KMBL client or an applicant from any other bank who does not have a bad credit history
- Age between 25 to 60 years
- Valid CNIC/SNIC holder
Equal monthly or quarterly installments
Loan Ticket (minimum & maximum):
PKR 500,001/- to 3,000,000/-
APR 20 - 28%