National Bank

Post on 30-Jan-2016

214 views 0 download

description

National Bank

Transcript of National Bank

National Bank PM youth loan scheme:Up to Rs. 20 lakh on 6% interest rateCNIC holder; Age 21-45; 50% quota of

women borrowers.90:10 with tenor of up to 8 years (including 1

year grace period).6% interest rate

Askari bankHuge investments new projects called project

financingFor example: installation of seed plant.No facility of loan for new businessesGave loans to running business as atleast 3

years history of business at 12% interest rate.They saw 3Cs of business like Character,

Capital and Capacity.

Allied Bank

No facility of loan for new businesses.Only gave loans to current businesses.Gave loans to running business as atleast 3

years history of business at 11% interest rate.United Bank

No facility of loan for new ventures

Muslim Commercial BankMinimum Loan Amount: PKR 50,000 Maximum Loan

Amount: Up to PKR 2 Million Tenure: 1 year to 5 years

1) You must have a credit card, a personal loan or an OD facility from any bank with two years history,

2) You must have a clean/ timely repayment history with your bank and should not have a default on any loan in the last 5 years,

3) Minimum Net monthly Salary i. Salaried Customers: PKR 40,000/- ii. Govt. Officers/ Armed Forces : PKR 30,000 iii. For Self-Employed customers, PKR 100,000/- **

Meezan BankMinimum amount 3500Interesr rate 17%Gave loans to running business as at least 3 years history of business at 12% interest appx…NTN num requireNo facility of loan for new businesses

Finqa BankMinimum 100,00_500,000For Poor peopleIf the installment is complete at given time

then to again take the 10,00,000 loan.

Habib BankNo facility of loan for new businessesSalaried CustomersGave loans to running business as atleast 3

years history of business at 11% interest rate.