JS Working Capital Business Loan-Expanding Horizons

With JS Working Capital Business Loan, we offer you the chance to improve your business productivity with capacity enhancement through modernization of facilities. With a 1-year term loan that enables financing of up to Rs. 50 million at a highly subsidized mark-up rate of 6% per annum, you can now fulfill the vision of purchasing state-of-the-art equipment, without facing the challenges of liquidity and abrupt cash flow constraints.

Information Technology (IT)Gems and jewelry
FurnitureLeather industry
Surgical GoodsFruits, vegetables and food processing & packaging
Dates processingPrinting & packaging
  • Financing – From PKR 500,000 to PKR 25 million for Small Enterprise & up to PKR 50 million for Medium Enterprise
  • Equity – No equity contribution required
  • Processing Fee – Minimum PKR 5,000/- or 0.5% (whichever is higher) of the loan amount
  • Financing Tenure – Maximum loan tenor of 1-year with equal monthly installments
  • Collateral – Land, gold, or any other tangible collateral as per Bank’s policy
  • Mark-Up Rate – Subsidized mark-up rate of 6% per annum

The eligibility criteria for the applicants under this financial product includes:

  • Operating in business for three years with sufficient knowledge of the business
  • Computerized National Identity Card (CNIC) holder, with maximum age of 60 years

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.
  • Last 1 year Bank Statement required for JS Bank account holders
  • Last 2 year Bank Statement required for non-JS account holders
  • Business proof of last 3 years
  • Any other requirement of the Bank