Small business loan is a product which is offered to both male and female entrepreneurs.
The key features of this loan are:
- The loan is for existing business expansion only
| Loan ceiling (1st loan) | PKR 40,000 - 80,000 |
| Follow-on loan | Up to PKR 20,000 |
| Insurance / loan processing fees | NIL |
| No. of installments | 12 / 18 |
| Loan duration / period | 12 - 18 months |
| Processing time for 1st loan | 1 week |
| Grace period | 4 weeks |
| Age limit | 21 - 55 |
| Maximum loan limit | PKR 150,000 |
| Collateral requirement | Up to 100,000: Promissory note on Rs100 Adhesive/ Revenue/ stamp Paper Above Rs.100,000 : Above documents and three crossed Cheque |