Features
Processing Fee & Charges - As per Bank’s updated SOC
Equity - Minimum 20% of the total solution quotation value
Tenor: Between 3 to 5 years
Financing Amount - 5 Million to 200 Million
Collateral:
Hypothecation/
mortgage of assets, Mortgage of Agricultural, rural, urban property (Commercial or residential), Pledge of SSC/DSC, lien on bank deposit
Markup rate: 6%
- Pakistani National
- Age: Maximum 65 years on expiry of the facility
- Permanent resident of the Area
- Must be residing within 45 kms radius of the financing branch
- Satisfactory credit history of existing bank borrowings
- Financial ability to afford and repay finance