JS Khud Mukhtar – Karobar mera apna!

JS Khud Mukhtar offers financing solution for business women in rural areas of Pakistan, enabling empowerment as well as financial stability. Whether you want to expand your existing business or set up a new one, JS Khud Mukhtar provides you easy access to finance for fulfilling all your aspirations with term loan of up to Rs. 1.5 million, at a subsidized mark-up rate of 5% per annum (based on State Bank of Pakistan refinance scheme)

  • Financing – Between Rs. 100,000/- and Rs. 1,500,000/-, depending on the business plan
  • Equity – No equity contribution required
  • Mark-up rate – only 5% per annum
  • Financing tenure – Between 1 and 5 years, with repayment in quarterly installments
  • Processing fee – No processing fees
  • Insurance – offered through reputable insurance partners at a preferential rate (where applicable)

Security & Collateral

  • 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 maximum age of 60 years
  • Must have clean e-CIB record
  • Financing will be provided for:
    • Setting up of a new business enterprise
    • Expansion of an existing one where the individual has been in business for at least one year and has sufficient knowledge of the business

Requirements for Getting Started

  • Copy of applicant’s valid CNIC / NICOP
  • Two (2) Recent Passport Size Photograph
  • Filled & Signed Simplified Loan Application Form
  • Filled Request Application Form
  • Business Plan
  • Financial accounts in some form, signed by the borrower, as per SME PR’s
  • Last 3 years bank statement, along with bank certificate for non JS Bank account holders, if applicable
  • Collateral Details, if any, along with estimated value
  • Active rent agreement (in case of rented premises)
  • Any other requirement as per the Bank & SBP regulations

Geographical Coverage

JS Khud Mukhtar aims to improve access to finance for women entrepreneurs across Pakistan. However, the main focus would be on women entrepreneurs in the rural areas with the below cities excluded.

Cities Not Included 

Apply now for JS Khud Mukhtar by visiting your nearest JS Bank branch or call 0800-011-22