Product Name
Khushhali EasyCash
Product Purpose
KEC-Running Finance
To meet short term financial shortages and increased liquidity
KEC-Term Finance
All allowed purposes under ME Category Loans
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
KEC-Running Finance: Open ended facility
KEC-Term Finance: 3-60 months
Repayment Options
KEC-Running Finance: Mark-up repayment in non-checking account & Utilized Principal payment in checking account
KEC-Term Finance: Equal Periodic Payments
Collateral
- TDCs
- NSCs
- Lien on Deposit
Loan Ticket (minimum & maximum)
PKR 50,000 to PKR 3,000,000
Service Charges
- 22 - 26% APR