Internet Banking
JS Working Capital Business
Loan
JS Working Capital Business Loan offers your enterprise the chance to fulfil your working capital requirements without facing the challenges of liquidity and cash-flow constraints. Through JS Bank Working Capital Business Loan we offer 1-year term loan with financing of up to Rs 50 million at a highly subsidised mark-up rate of 6% per annum.
The following industries are applicable under this facility:
| Furniture | Surgical Goods | Fruits, vegetables and food processing & packaging | Information Technology(IT) | Gems and Jewellery |
| Leather Industry | Dates Processing | Printing & packaging |
The eligibility criteria for the applicants under this financial product includes:
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- Operating in business for at least three years with sufficient knowledge of the business
- Computerized National Identity Card (CNIC) holder, with maximum age of 60 years
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- To apply the applicant would also need to provide:
- Filled and Signed Request Application Form of JS Working Capital Business Loan
- Copy of CNIC/NICOP
- Two (2) recent Passport size Photographs
- Processing Fee Deposit Slip
- Audited Accounts and Management Accounts, as per SME Prudential Regulation, where applicable
- Personal guarantee of the owner/directors. Sponsor directors’ personal guarantee in the case of limited companies
- Supporting Documents/Undertaking to be obtained for proper utilization of loan.
- Business proof of last 3 years
- Last 1 year bank statement along with bank certificate for non-JS Bank account holders
- Maximum 3 Bank statements of at least 1 year
- Any other requirement of the Bank
- To apply the applicant would also need to provide:
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