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Showing posts from February, 2017

National Bank Saiban | Loan to Build, Renovate or Buy Home | National Bank Home Loan | Home Loan of Rs 35 Million

General Information  Mark Up Rates Variable Rate Option: SBP Discount Rate +2% with12 months re-pricing (with Life Insurance) SBP Discount Rate +4% with12 months re-pricing (without Life Insurance) Processing Fee Government Employees : Rs. 500/- irrespective of financing amount. For Others : Financing below Rs. 1 Million Rs. 1000 Financing between Rs. 1 to 4 Million Rs. 3000 Financing above Rs. 4 Million Rs. 6000 Other Charges * Income Estimation, Legal and valuation fee will be charged as per actual. Early Payments: Prepayment of finance account, full or partial, within 5 years will be subject to early redemption charges @ 2% of the amount being prepaid. Incase of beyond 5 years, no early redemption charges will be levied....

Rs 2 Million Business Loans for Women by First Women Bank | Loan for Women in Pakistan

First Women Bank Limited extends loans to businesswomen for establishment of new business/development of existing business, and for working capital. Women can get loans of up to Rs. 2 Million. The Financial Services Desk of the bank assists the applicants of the loan in financial, legal, taxation, marketing and management issues. Eligibility Criteria: For women Entrepreneurs between the age bracket of 25 -55, holding 50% or more Equity in the business Financing Limit : Up to Rs. 2.00 M Pricing Criteria :Floating with KIBOR Rate to be reset in accordance with approved terms Basic Required Documents: • Copy of CNIC • Loan Application/BBFS • Bank statements for past one year • Latest Tax returns, if applicable • Financials & cash flows Collateral Two personal guarantees of Credit worthy Individuals with sound financial standing and Hypothecation of stocks, duly insured in Bank’s favor. Mode of Repayment: • In case of RF , time to time adjus...