SMEDA Pakistan
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Government of Pakistan
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State Bank of Pakistan
+92-42-111-111-456
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Allied Bank Limited (ABL)
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HBL Business Finance
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Loan Limit Range
PKR 500K - 25M
Markup Rate
3 months avg KIBOR + upto 2.5 % , Deposit Rate + upto 2.5 %
Max Tenure
RF-On Demand, DF up to 5 years, Finance Against Trust Receipt up to 120 days, LG up to 3 years & LC up to 120 days.
Eligible Sectors
Agriculture, Manufacturing, Services, Trading
Eligibility & Qualification Criteria
25 to 65 years of age.
The sponsor/mortgagor/borrower/ must be resident Pakistanis.
A business in operation for at least 3 years.
Financing Scope & Purpose
Purchase / Construction / Renovation of Building
Guarantee/LC
Payment of Labour & other expenses
Payment to Suppliers
Purchase of Machinery and Equipment
Purchase of Raw Material
Required Documentation Checklist
Complete application form
Copy of valid CNIC.
Copies of last 3 years Income Tax returns filed in the business name, if applicable.
Copies of last 3 years Income Tax and Wealth Tax returns / statements filed for partners/ proprietor/ directors, if applicable.
Copy of Title documents (Sale Deeds, Transfer Letter, etc.) and other supporting documents of property offered to the bank as security.
Copy of latest payment receipt for Property Tax and duties, levies paid in respect of the property offered to the bank as security, if applicable.
Copy of current professional association / trade body membership, if applicable.
Rent Agreement of business place (if premises on rent).
Two recent Passport size Photographs of the partners / proprietor.
Your last paid utility bill and business data.
A certified copy of your bank statement for the last 2 years.
A proprietorship letter or partnership deed or latest form 29 or search report as applicable.
Evaluation of collateral and legal vetting of property documents.
Collateral & Security Requirements
Equitable mortgage of residential / commercial / industrial properties.
A
Aamir Kureshi
Head Retail Lending SME
22-Habib Bank Plaza I.I. Chundrigar Road.
City: Karachi
Call 021-37137425
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Bank Name
Product Name
Loan Amount (PKR)
PKR 5,000,000
100K
25M
50M+
Loan Tenure
3 Years (36 Months)
1 Year
5 Years
10 Years
Annual Markup Rate (%)
14.5% p.a.
3% (SBP Rate)
15% (Kibor Avg)
30%
ESTIMATED MONTHLY INSTALLMENT
PKR 172,049
per month for
36
months
Principal Amount
PKR 5,000,000
Total Interest
PKR 1,193,764
Total Payable
PKR 6,193,764
Principal (
81%
)
Interest (
19%
)
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