Product Features
JS Bank
Credit Protector
24/7
Call Centre
Financing: Up to Rs. 4,000,000/-
Charges: Rs. 3500/- or 1% (Whichever is higher)
Tenure: Up to 48 Months
Early Settlement Option (5% of outstanding loan amount)
- Facility A: Loan offered at 1-Year KIBOR + 8%, secured through the comfort letter and undertaking by the employee of the corporate entity for lien-marking for their end service benefit
- Facility B: Loan offered at 1-Year KIBOR + 12%, with up to 2 Post Dated Cheques as security equal to 6 EMI’S.
- Must have a JS Elite or JS Elite Plus salary account with JS Bank
- CNIC Holders between 21 and 60 years (at the time of maturity)
- Permanent and contractual employees can apply for a loan (Salaries should be credited into the JS Bank account)
- Minimum monthly Gross salary of Rs. 40,000/-