Make your life easy when you are taking care of
business expenses, supplier payments, upgrading your production line,
disbursing staff salaries, or starting an entirely new venture. With Easy Loan
product, you can avail a loan to meet your business needs while keeping your
saving secure. With this product you can keep your investment & deposits as
collateral to get a loan to meet your short and long term requirements
All you need is savings in the form of fixed deposits or government securities to avail the following services:
Running Finance Facility up to 95% of your savings
Running Finance Facility with monthly or quarterly mark-up payments.
Demand finance facility for up to 5 years
Financing against local/foreign currency (EUR, USD, GBP) deposits and/or National Saving Certificates (DSC/ SSC/RIC)
Short and simple approval process
Competitive mark-up rates and commission.
Borrower or Primary Sponsor must be a Pakistani resident
Age of Primary Sponsor must be between 18 and 70 years
The Borrower must meet KYC (Know your customer) and AML (Anti Money Laundering) Criteria set by the bank.
The borrower must fulfill the bank and applicable regulatory policies.
Completed application form
CNIC copy of borrower and security provider
Copy of instrument/ certificate/ account statement and other supporting documents of security offered to the Bank, (Pledge or Lien marking after approval of loan prior to disbursement).
Copy of latest paid utility bill
Proprietorship declaration/ partnership deed/ latest form 29 (as applicable)
Bank’s charge documents after approval of loan
Tenor of Loan
Demand Finance (one off) Up to 5 years
Running Finance On Demand
Letter of Guarantee Up to 3 years
Import/Export facilities Up to 180 days
Fees and Charges
As per schedule of charges
*Financing facilities are approved at bank's discretion.