Mobilink Microfinance Bank Karobar Loan-Business Loan in Pakistan

The Karobar loan is an “individual loan” with an acceptable personal guarantee. The loan can be used to expand micro / small businesses (to meet working capital requirements or purchase assets). Maximum loan offers for the micro business in karobar loan is maximum Rs 150000 with lead time 3 to 5 days.

Mobilink Microfinance Bank Karobar Loan Features

1.      Tenure: 6 – 12 months (1st Loan Cycle)

a.       6- 15 Months (2nd Loan Cycle)

2.      Repayment Options: Equal Monthly Installments

3.      Loan Ticket: PKR- 20,000/- to 150,000/-

4.      Lead Time: 3-5 Days 

5.      Loan Insurance: Free Loan Insurance in Case of Death / Permanent Disability

6.      Early settlement: Allowed

Mobilink Microfinance Bank Karobar Loan Eligibility Criteria

1.      Annual household income less than Rs. 500,000

2.      Age between 25-58 years (first loan cycle) 25-60 years (second and third loan cycle).

3.      Minimum business experience of 2 years

4.      Holding valid CNIC

5.      Not defaulting on any financial institution and public services.

6.      Reside or work in launch cities for at least 2 years.

How to Apply For Mobilink Microfinance Bank  Karobar Loan  ?

Visit your nearest Mobilink Microfinance Bank to apply for a loan and further information. Click to explore bank branches: https://www.mobilinkbank.com/our-branches.

Mobilink Microfinance Bank Contact Information:

1.       Address: 3-A/2 F-8 Markaz Islamabad

2.      Phone: 051 2817070 77

3.      Customer Service, complaints and feedback: 051-2817076

4.      Email: info@mobilinkbank.com

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