Bank of Khyber Launches Easy and Clean Finance Scheme Punjab Sindh Balochistan Khyber Pakhtunkhwa and Permanent Residents of Islamabad Men and women who want to start a business can take a loan from Bank of Khyber
If you want to start a new business you will also get a loan and if you want to take a loan to stabilize the business or expand the business you will also get a loan
The candidate can take a loan for the following business
All SME sectors including Services, Trading, Manufacturing & Agriculture.
Loan amount
Bank of Khyber has created three categories under which candidates can take loans.
Tier-1
Loans up to PKR 4 million
Tier-2
Loans exceeding PKR 4 million and up to PKR 7 million
Tier-3
Loans exceeding PKR 7 million and up to PKR 10 million
Fake 9% markup will be taken from the candidate
Not all candidates need bail or security. The loan will be given to the candidate only on personal guarantee.
Eligibility Criteria for Borrowing
1) All SMEs having verifiable, viable and feasible business plans. Startups may also be entertained.
2) Single SME can avail this facility from one bank only.
3) The definition of SMEs as prescribed in Prudential Regulations for SME Financing will be applicable for the purpose of this scheme.
4) Existing Asset Clients of the bank.
5) SAAF client of any other Bank.
6) An employee of any Government or Semi-Government or Autonomous body.
7) A loan defaulter or the applicant having any outstanding loan exposure with overdue of more than 60 days with more than one time incident from any Banks and not having clean e-CIB.
8) Businesses on negative list of Government of Pakistan.
Visit any nearby Bank of Khyber to apply for loan.
