Micro Small and medium enterprise (MSME) loan is a product which is offered to both male and female entrepreneurs to support their existing enterprise.
The key features of this loan are:
- Loan for existing business expansion only
| Loan ceiling (1st loan) | PKR 100,000 - 200,000 |
| Follow-on loan | Up to the maximum limit |
| Insurance / loan processing fees | N/A |
| No. of installments | 12 / 18 |
| Loan duration / period | 12 - 18 months |
| Processing time for 1st loan | 1 week |
| Grace period | 4 weeks |
| Age limit | 25 - 55 |
| Maximum loan limit | PKR 300,000 |
| Collateral requirement | Promissory note on Adhesive/ Revenue/ Stamp Paper and three crossed Cheque as security for loans. |