Micro Enterprise Loan

Micro Enterprise Loan (MEL) offers low income and poor entrepreneurs an opportunity to borrow funds for financing of their working capital needs as well as finance business expansion in a hassle-free manner. 

Purpose of loan

  • Financing daily business activity / working capital needs.
  • Funding purchase of fixed assets / machinery / equipment.
Loan eligibility
  • Age 20-60 Years (at the time of loan maturity)
  • Should have a valid CNIC
Loan duration
  • Minimum 3 Months
  • Maximum 12 Months (Up to PKR 100,000)
  • Maximum 18 Months (above PKR 100,000)
Repayment option

Equal Monthly Installments

Interest rate

35% p.a. declining balance method

Loan Amount Up to Rs. 150,000/-
Collateral Third Party Guarantee
Fee & Charges As per Bank’s SOC
Insurance
  • Free Credit Life Insurance
  • Complementary Hospitalization & Death Insurance up to Rs.20,000/-
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