Submitted by adminkmbl on Thu, 03/11/2021 - 17:33
Qarza Plus

Product Name

Khushhali Qarza Plus

Product Type

Individual Loan (available only for KQ & KAQ repeat customers)

Product Purpose

Enterprise, Livestock and Agriculture

Loan Eligibility Criteria

  • Age: 20– 63 years
  • Minimum KMBL relationship of 3 cycles (not less than 24 months)
  • Previous loan of KMBL to be either fully settled or only accrued mark-up to be paid till date
  • Permanent resident of the locality for 2 years
  • NADRA CNIC/ SNIC/ NICOP holder
  • 2 years experience

Tenure

6-18 Months

Repayment Options

  • Monthly/ Quarterly/ Semiannual Installment
  • Periodic SC and principal at maturity
  • Bullet (PA and SC on maturity)

Collateral

PDC/ Personal Guarantor

Loan Ticket  (minimum & maximum)

PKR 50,000 to PKR 150,000

Service charges

33% APR