National Bank of Pakistan (NBP) provides Karsaz Business loan finance for small and medium enterprises. Karsaz Business Loan Finance provides working capital finance i.e. finance against initiate, hypothecation or mortgage etc. for services concerns, foreign traders, local traders and manufacturers. Additionally, Karsaz provides medium term and long term loan finance.
NBP Karsaz Business Loan Finance for SME Benefits
Small and Medium Enterprises (SME) can avail a range of non-funded facilities which are given below:
1. Letter of credit
2. Letter of guarantees etc.
3. Seasonal Finance
The NBP offers seasonal working capital financing for manufacturers / traders under rice, cotton and wheat crops. These finances are used to cover the cost of the day for the purchase of stocks and price increases, i.e. to convert raw materials into finished products and then sell them in the local or international market.
NBP Karsaz Business Loan Finance Eligibility Criteria
· The age limit of businessmen is at least 22 years up to 65 years.
NBP Karsaz Business Loan Finance Markup Mechanism
NBP Karsaz have floating markup mechanism which are given below:
· Floating Markup Mechanism = KIBOR + Spread
NBP Karsaz Business Loan Finance Required Documents
1. One valid copy of CNIC
2. Must provide documents of business proof
3. Loan Application Form
4. Borrower’s profile
5. Financials documents
6. Property documents etc.
NBP Karsaz Business Loan Finance Repayment Frequency
· Repayment Frequency = Quarterly / Monthly / lump sum
How to Apply for NBP Karsaz Business Loan Finance
· To apply for Karsaz SME finance, please contact your nearest branch of NBP
NBP Karsaz Business Loan Finance Contact Information
For further information, please contact on the following telephone numbers:
Phone: +92 -21- 99220100 (30 lines)
Phone: +92 -21- 99062000 (60 lines)