Features

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.
• National Saving Certificates (DSC/ SSC/RIC) and/or HBL Money Market /Govt. Security Funds

Requirements

• 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

Fees and Charges

• As per schedule of charges

*Financing facilities are approved at bank’s discretion.

Disclaimer

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 eCIB. 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​