Submitted by adminkmbl on Thu, 03/11/2021 - 17:42
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Product Name

Khushhali Sarmaya (Micro Enterprise Lending)

Product Purpose

Khushhali Sarmaya is offered to micro-entrepreneurs (small business owners). The loan can be used for purchase of raw materials/ finished goods/ stocks/inventory and to enhance production of goods & services. This loan facility can help small businesses get credit for operating assets to help them generate more income.

Loan Eligibility Criteria

  • Age: 22 – 60 years
  • Applicant must be micro-entrepreneurs as defined in the Prudential Regulations for Microfinance Banks

  • Minimum business experience of 2 years
  • NADRA CNIC/ SNIC holder
  • Must have good credit history

Tenure

  • 6 – 36 months

Repayment Options

Equal Monthly Installments  

Collateral

Secured

Hypothecation of business stock/ Plant / Machinery /any other moveable business assets

AND

PDCs (as per CAD procedure)

AND

Mortgage (Registered or Equitable) of Land

OR

Building

OR

Lien marking through PLRA/ APB

OR

Mixed secured collaterals (e.g. gold / TDC / NSC)

OR

HPA with Original documents of vehicle retained at Branch

Unsecured

PDC & Guarantor

AND

Hypothecation of business stock/ Plant / Machinery /any other moveable business assets

Loan Ticket  (minimum and maximum)

PKR 350,001 to PKR 1,000,000 

Service charges

  • As per SOC, for more information please contact on our helpline 051 111 047 047