Product Name
Khushhali Cash Sahulat Plus
Product Purpose
Khushhali Cash Sahulat Plus is offered for investment in Enterprise, Agriculture and Livestock under the Individual Loan category.
Loan Eligibility Criteria
- Age: 20 – 65 Years
- Business experience of minimum of 2 Years
- Resident of the same location for the past 2 years
- NADRA CNIC/ SNIC holder
- Not defaulter of KMBL or other banks
Acceptable Securities
- Gold ornaments/ bars as evaluated by Khushhali bank’s approved goldsmith (18 carat or above)
- Khushhali Term Deposit Certificates
- National Savings Certificates (Defence Saving Certificates, Special Saving Certificates, Regular Income Certificates)
- Agriculture Pass book
Tenure
3 - 60 months
Repayment Options
- Lump Sum payment at the end of the loan period
- Equal Monthly Installments / Quarterly / Semi-annually
- Monthly markup & principal at maturity (Only for fattening or breeding)
Loan Ticket (Minimum & Maximum)
PKR. 150,001 to 1,000,000/-
Service charges
24 - 25% APR against gold
25 - 26% APR against Agricultural passbook
15% APR against KMBL TDCs and NSCs