Product Name

Khushhali Qarza 

Product Type

Individual Loan

Objective:

This product is aimed for the target market/customers engaged in agriculture and enterprise sectors. Maximizing outreach through disseminating and creating awareness of the bank's product/services at the grass roots level in a cost effective manner.  

Product Purpose

For Agriculture (including Agri implements)*/Livestock and Enterprise based economic & productive activities only 

*Financing will not be allowed for Agri Implements under unsecured category

Loan Eligibility Criteria

•     Valid CNIC/ SNIC holder
•     CIR of applicant.
•     Successful cash flow analysis
•     Non-defaulter of KMBL or any other bank
•     Positive K-Score/Borrower’s Risk Rating as per Khushhali lending Manual
•     Other pre/ post disbursement verification (as applicable)

Tenure

6-18 Months

Repayment Options

•     Equal Monthly Installments (EMI)
•     Quarterly & Semi-annually.
•     Lump sum payment at maturity

Collateral

Secured

• Mortgage (Equitable / MODTD) of Land/ Building or any other immoveable assets/APB/PLRA Charge creation &

• Hypothecation of stock/ Plant / Machinery /Agri or Solar Equipment / Large animal / any other fixed business assets &

• HPA of Vehicle OR

• Mixed secured collaterals (e.g. Gold/TDC/NSC/Vehicle)

• PDC 

Unsecured

• Personal Guarantee &

• PDC &

• In case of livestock; List of animals owned by applicant

Loan Ticket  (minimum & maximum)

PKR 50,000 to PKR 350,000

Service charges

As per SOC, for more information please contact on our helpline 051 111 047 047

*Terms and conditions apply