Who can Apply
- Sole proprietors, partnership firms and all other legal entities
- For setting up new business and expansion of existing business
- Bank Account desirable
Criteria
Step 1:
- Copy of CNIC, photograph & bank statement of sponsor
- Tax Returns & property documents offered as security
- Audited accounts (if loan is more than 10 million)/ Financials for last two years preferably
- Detail & valuation of stock, plant & Machinery
- Personal Guarantees
Collateral / Security
- Mortgages (Urban property)
- Hypothecation of plants & machinery/stocks
- Pledge of Government Securities
- Lien on Deposits/Term Certificates
Step 2:
Submit Application in the nearest branch. [Branch Network]
From initial assessment and documentary evidence verification, a maximum of 30 days till loan approval*.
