Under the scheme, people with special needs will be able to have funding to cover the shortfall in funds for their small business. So each and every Pakistani citizen who is disable, between the ages of 25 to 55 years can apply for the loan to establish the business. Proper business ideas before gaining a loan is so important to get a loan. If you are disable but you have skills in any business, you can apply for the loan.
FWBL Khaas Eligibility
Ø Be a valid CNIC holder with a disability logo / symbol, preferably between the age group (21 to 55 years)
Ø Have the business skills and abilities necessary to run the business.
FWBL Khaas Purpose of Finance:
A. Existing business expansion
B. Creation of new commercial companies
FWBL Khaas Salient Features
a) Minimum loan amount PKR 100,000/-
b) Maximum loan amount PKR 1,500,000/-
c) Pricing: 5 % per annum flat
d) Tenor: Maximum 5 Years including grace period up to 6 months
e) Mode of Repayment: Equal Monthly /Quarterly installments
f) Collateral: Personal guarantee of the borrower himself/ Third party warranty or any acceptable assurance may also be offered.
FWBL Khaas Basic Documentation
a) Valid copy of the CNIC preferably between the age group (21 to 55 years)
b) Limit request form
c) Financial report / projections / feasibility
d) Bank statement
e) Utilization plan
How To Apply For FWBL Khaas Loan
Click on the link to explore First Women Bank Branches to apply for loan: https://branches.pk/branches/First-Women-Bank-Limited
First Women Bank Contact Information
Following are the contact Numbers for more information and queries: