HBL SAAF Finance provides an opportunity to SMEs to avail financing for their business without the need of any collateral. SMEs can now avail financing up to PKR 10 Million at highly subsidized mark up rates of 9% per annum for their working capital requirements, capital expenditure or procurement of commercial vehicle.
*Financing facilities are approved at bank’s discretion.
DF:Repayable in equal monthly installments consisting of principal and mark-up.
Running Finance- Revolving facility with annual renewal
Demand Finance- Up to 5 years
9% per annum
Application processing fee: PKR 10,000/- or 1% whichever is higher
Annual Renewal and Review Charges: PKR 5,000/- or 0.5% whichever is higher”
This is to inform you that the State Bank of Pakistan (SBP) will include two years’ history of negative / overdue information (including but not limited to overdue payments, late payments, write-off or reversal of mark-up etc.) in e-CIB. You are, therefore, advised to ensure timely payment of your instalment/ markup to avoid any adverse information being reported or reflected on your e-CIB