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Allied Bank Limited (ABL)
Allied Bank Limited (ABL)

HBL Business Finance

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 Compare with Other Banks