Expand your horizon and grow as an empowered entrepreneur.
Refinance Scheme provides you with an opportunity to follow your dreams and become financially independent by having your own start-up and making the best use of your skills and expertise. The objective of this scheme is to provide economic empowerment to
- Category: Financing shall be available to women entrepreneurs across the country and only women-owned SMEs are eligible under the scheme. Financing under the scheme is provided for setting up a new business enterprise or for the expansion of existing on
- Installment:Repayment of loans by borrowers shall be made in equal quarterly installments after grace period (if any)
- Financing tenure:For a period of upto 5 years, including maximum grace period of upto six months.
- Rate of Mark-up5% per annum.
- Financing amount: Maximum Financing limit up to Rs 5,000,000/-.
- Partial payment: Allowable without any charge.
- Full payment/Early Settlement: Allowable without any charges.
- Security: Fixed Assets/Hypothecation/As per Bank’s credit Policy
- Customer Request Letter
- Valid Computerized National Identity Card.
- Three recent photographs (passport size).
- Undertaking of Existing Liabilities.
- Detailed Feasibility Report in case of new business.
- Acceptable Business Proof (e.g. Tax Returns, NTN, Certificate / Bank Certificate).
- Last 1 Year Bank Statement.
- Information of Two references and copies of their CNIC.
- Feasibility report/Finalized proposal from client selected vendor for the proposed machinery.
*Bank may ask for additional documents, if necessary.
- Pakistani Nationals
- Borrower must meet the Bank’s as well as the applicable regulator’s policies
- Government employees are not eligible to avail financing under the aforesaid schemes. The employees of private organizations including Financial Institutions may avail financing under the said schemes subject to producing of NOC from their employer. Fur
You may also be interested in
AL Habib Woman Apni Car
Bank AL Habib Apni Car enables you to own your dream car at affordable rates