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

HBL POS Finance

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Loan Limit Range
PKR 500K - 5M
Markup Rate
​As per schedule of charges
Max Tenure
HBL POS finance will be extended for a period of one year on revolving basis, renewable annually.
Eligible Sectors
Services, Trading

Eligibility & Qualification Criteria

  • Businesses using HBL POS machines for at least 02 years.
  • A business in operation for at least 03 years
  • Average Monthly transaction of at least PKR 100,000 through HBL POS machine.
  • Clean Credit History.
  • Pakistan Resident aged between 25 years to 65 years (maximum age of 65 years will be at the time of maturity of loan. Customers shall have maximum age of 55 years at the time of fresh application).

Financing Scope & Purpose

  • Payment to Suppliers
  • Purchase of Raw Material

Required Documentation Checklist

  • Complete Application Form

Collateral & Security Requirements

  • Financing against local/foreign currency (EUR, USD, GBP) deposits and/or National Saving Certificates (DSC/ SSC/RIC)
A
Aamir Kureshi
Head Retail Lending SME
22-Habib Bank Plaza I.I. Chundrigar Road.
City: Karachi
Call 021-37137425 Compare with Other Banks