NRSP Microfinance bank Offers loan amount up to Rs. 1 million for micro entrepreneurs. The main purpose of the loan is to facilitate the small business entrepreneurs that can expand their business by purchasing stock and any business assets. The loan process is very easy and short. Every Pakistani citizen-entrepreneurs can apply for this loan.
Micro Small Medium Enterprise Loan Purpose of loan
1. Business Expansion
2. Purchase of Stocks/Inventory
3. Purchase of Business Assets
4. Working Capital for day to day business expenses
5. Dairy Farming Business
Micro Small Medium Enterprise Loan Eligibility
· Aged 20 to 60 years and should have a valid CNIC.
Micro Small Medium Enterprise Loan Duration
1. Minimum 3 Months
2. Maximum 24 Months (Up to PKR 500,000)
3. Maximum 36 Months (above PKR 500,000)
Micro Small Medium Enterprise Repayment option
1. Equally Monthly Installments
2. Post Dated Cheques, Mortgage of urban/rural property
3. Personal Guarantee/Hypothecation on vehicle/Hypothecation on Stock, inventory, animal/Gold Ornaments
Micro Small Medium Enterprise Fee & Charges
· As per Bank’s SOC
Micro Small Medium Enterprise Insurance
1. Free Credit Life Insurance
2. Complementary Hospitalization & Death Insurance up to Rs.20,000/-
How to Apply For NRSP Microfinance Bank Loans
· Click on the link to explore the bank branches for application: https://www.nrspbank.com/branches
NRSP Microfinance Bank Contact Information
· Address: NRSP Microfinance Bank Limited, Near Baghdad Railway Station, University Road, Bahawalpur 63100, Pakistan.
· Phone: +92-62-2285126
· Email: info@nrspbank.com
· Toll Free: 080006777