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JS / Business / SME / JS Naya Aghaaz

JS Naya Aghaaz

Financing solution for Persons with Disabilities (PWD), enabling personal development and financial independence for male and female entrepreneurs. JS Naya Aghaaz is based on the refinance scheme of the State Bank of Pakistan and promotes diversity and inclusion by providing financial access for setting up a new business and to expand current businesses.


Repayment Equal quarterly installments

Mark-up Disbursement until SBP refinances facility 1-Month KIBOR + 2% per annum (floating), thereafter 5% per anum

Financing Tenure
1 to 5 Years

Processing Fee As per Bank’s updated SOC

Financing Amount
Between Rs. 50,000 and Rs. 1,500,000

Security- Post-dated cheques – for loan up to Rs. 500,000 - Land, gold, any other tangible collateral as per Bank’s policy - for loans over Rs. 500,000

Eligibility Criteria:

  • Computerized National Identity Card (CNIC) holder with documentary proof of disability
  • Maximum age of 65 years (at the time of loan maturity)

  • Clear e-CIB record
  • Financing will be provided for:
    • Setting up of a new business enterprise
    • Expansion of an existing business where the individual has been operating it for a minimum of one year

Required Document Checklist:

  1. Copy of applicant’s valid CNIC with documentary proof of disability
  2. Two recent passport size photographs
  3. Personal guarantee of the Applicant
  4. Business Plan
  5. Financial accounts (e.g., for start-ups, personal financial statement, and personal federal income tax returns from last one to three years)
  6. Undertaking for proper utilization of loan
  7. Letter detailing the disability and associated medical report (if necessary)
  8. Collateral Details, where applicable, along with estimated value
  9. Active rent agreement (in case of rented premises)

In case of existing business, following additional documents will be required:

  1. Income statements and business balance sheets of the past two years
  2. In case of JS Bank account holders, last one year’s bank statement
  3. Last three years bank statement and bank certificate for non-JS Bank account holders

Any other requirement as per the Bank
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