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Running Finance, Demand Finance, Letter of Guarantees and Letter of Credit against mortgage of residential / commercial / industrial properties
HBL Small Business Finance provides renewable Running Finance, Letter of Credit, Letter of Guarantee and fixed tenor one-off DF facilities up to PKR 20 million secured by mortgage of acceptable residential / commercial / industrial real estate.
*Financing facilities are approved at bank’s discretion.
Running Finance: 3 months average asking KIBOR plus applicable spread
Demand Finance: 1 year average asking KIBOR plus applicable spread
Letter of Guarantee/Letter of Credit: As per Schedule of Bank Charges
As per schedule of charges
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