Submitted by adminkmbl on Thu, 03/11/2021 - 18:13
Khushali Easy Cash

Product Name

Khushhali EasyCash

Product Purpose

Khushhali Easy Cash is a running finance facility which has been designed to serve the revolving credit needs of customers. This running finance facility provides freedom and flexibility; ensuring that cash is always available for urgent and short-term business needs, through a simple and trouble free procedure that provides competitive mark-up rates and superior services and benefits. Customers only have to pay interest on the amount actually utilized.

Loan Eligibility Criteria

  • Valid CNIC/SNIC holder
  • Age: 20 years and above
  • Individuals: Self-employed, SME owners, Salaried (with alternate business) 
  • KMBL customers having TDC/ Current/ Saving accounts
  • National/ Defense Savings certificate holders

Tenure

Up to 60 months

Repayment Options

  • Mark-up repayment in non-checking account
  • Utilized Principal payment in checking account

Collateral

KMBL TDC (individual), National Savings Certificates, CA/SA Lien marked deposit

Loan Ticket (minimum & maximum)

PKR 150,000 to PKR 1,000,000

Service Charges

  • 25% APR
  • Loan / Facility Processing Fee PKR 1,500