Loan from Rs. 40,000 to Rs. 2 million with equal monthly installments of 1 to 5 years to flexible tenure.
Two (2) post-dated cheques equivalent to six (6) monthly installments each year
For Gold Proxy Loan customer, no additional collateral required.
i) CNIC holder with minimum age of 21 years to 60 years (at the time of loan maturity). ii) Latest Salary Slip with minimum gross monthly salary: Rs. 35,000/- along with proof of employment tenure or in case of Self-Employed Individuals, 6 months bank statement is required. iii) Application form, Legal Booklet along with copy of CNIC iv) For Gold Proxy Loan: no fresh income documents required for SEB/SEP only
36% fixed rate p.a. for all Salaried individuals (*HBC/**NTB) and Self-Employed Individuals (*HBC)
40% fixed rate p.a. for all Self-Employed Individuals availing loan for the first time in the banking industry (***NTI)
28% fixed rate p.a. for all those availing Balance Transfer Facility (only those customers availing Personal Installment Loan from any other bank can apply)
For Gold Proxy Loan: 36% fixed rate p.a. for all Salaried individuals (*HBC/**NTB) and 40% fixed rate p.a for all Self-Employed Individuals (*HBC/NTI***)
Processing fee is Rs. 3,500/- or 1% of the loan amount (whichever is higher)
No processing fee and Early settlement charges for Gold Proxy Loan customers
Legal & stamping charges at actual and Late Payment Charges are Rs. 1,000/- per month
Credit Protector facility is optional and charged at 0.48% of the outstanding loan amount on monthly basis
Early settlement: 1st year = 10% of outstanding loan amount, 2nd to 3rd year = 8% of outstanding loan amount, After 3rd year = 5% of outstanding loan amount