Business plays a key role in the development of a nation’s economy. The unemployment rate of Pakistan is higher as compared to other developing countries because of lack of resources and capitals. Business is important for job creation because it employs a wide range of people in the form of managers, clerks, salesmen, and more. Businesses use the scarce resources available and turn them into valuable products that complement the utility and sell to the public.
Furthermore, everyone wants their own business but lack of investment, they can’t start a business. Here are the some following list of banks which provide business loan schemes in Pakistan:
1. Bank Alfalah
2. Habib Bank Limited
3. Muslim Commercial Bank
4. Askari Bank Limited
5. United Bank Limited
6. Bank Al Habib
7. JS Bank
8. Meezan Bank
9. Standard Chartered Bank
10. Summit Bank
11. Bank Islami Pakistan
12. Bank of Punjab
13. Bank of Khyber
14. Al Baraka Bank
15. National Bank of Pakistan
16. Faysal Bank
17. Dubai Islamic Bank
18. Allied Bank Limited
19. Khushhali Microfinance Bank
20. Silk Bank
1. Bank Alfalah
Financial Limit:
Financing limit starts from PKR. 50,000 to PKR. 300M
Tenure:
2 years to 15 years
2. Habib Bank Limited
Financial Limit:
Financing limit up to 25 million
Tenure:
Tenure period up to 5 years
3. Muslim Commercial Bank
Financial Limit:
Financial limit start from 0.5 million to 5 million
Tenure:
1 year to 5 years
4. Askari Bank Limited
Financial Limit:
Financial limit start from 1 million to 50 million
Tenure:
1 year to 7 years
5. United Bank Limited
Financial Limit:
Financial limit up to 30 million
Tenure:
1 year to 7 years
6. Bank Al Habib
Financial Limit:
Equity up to 90%
Tenure:
1 year to 9 years
7. JS Bank
Financial Limit:
Financial limit start from 0.5 million to 50 million
Tenure:
1 year to 15 years
8. Meezan Bank
Financial Limit:
Financial limit start from 25 million to 200 million
Tenure:
2 years to 8 years
9. Standard Chartered Bank
Financial Limit:
Financial up to 30 million
Tenure:
Tenure period up to 5 years
10. Summit Bank
Financial Limit:
Financial limit up to 40 million
Tenure:
1 year to 5 years
11. Bank Islami Pakistan
Financial Limit:
Financial limit up to 200 million
Tenure:
Tenure period up to 10 years
12. Bank of Punjab
Financial Limit:
Financial limit start from 0.1 million to 10 million
Tenure:
1 year to 5 years
13. Bank of Khyber
Financial Limit:
Financial limit up to 0.3 million
Tenure:
Tenure period up to 3 years
14. Al Baraka Bank
Financial Limit:
Financial limit up to 25 million
Tenure:
1 year to 7 years
15. National Bank of Pakistan
Financial Limit:
Financial limit up to 25 million
Tenure:
Tenure period up to 5 years
16. Faysal Bank
Financial Limit:
Financial limit up to 7 million
Tenure:
Tenure period up to 8 years
17. Dubai Islamic Bank
Financial Limit:
Financing limit up to 20 million
Tenure:
Tenure period up to 7 years
18. Allied Bank Limited
Financial Limit:
Financing limit up to 15 million
Tenure:
Tenure up to 5 years
19. Khushhali Microfinance Bank
Financial Limit:
Financing limit up to 1 million
Tenure:
Tenure period up to 3 years
20. Silk Bank
Financial Limit:
Maximum limit will be as per Prudential Regulations of Small Enterprises & Medium Enterprises
Tenure:
Tenure period will be as per Prudential Regulations of Small Enterprises & Medium Enterprises