Product Name:
Karobari Running Finance
Product Purpose:
Karobari running finance is a specialized product that is meant for such enterprises who are commercially viable Micro-entrepreneurs, either self-employed or have few individuals employed in their business.
The loan can be used for replenishment of working capital for business operations or for capital investment for business expansion.
Loan Eligibility Criteria:
- Small business men and women owners
- Business should be operating at the same place for at least 2-3 years
- KMBL client or an applicant from any other bank who does not have a bad credit history
- Age between 22 to 65 years
- Valid CNIC/SNIC holder
Tenure:
Up to 60 months after which renewal will be required
Repayment Options:
Equal monthly or quarterly installments
Loan Ticket (minimum & maximum):
PKR 500,001/- to 3,000,000/-
Service Charges:
As per SOC, for more information please contact on our helpline 051 111 047 047
*Terms and conditions apply