What is Wheat Financing?
It’s a seasonal loan which gives you access to meet your business growth with a one window solution.
Who can apply for loan?
SME business entities including Proprietorship, Partnership, Private Limited Companies can apply for the loan.
What is the maximum amount I can borrow?
It depends on capacity and utilization however max limit is PKR 25 Million for SE & PKR 200 Million for ME customers subject to SBP PR requirement.
What are the financing facilities available?
Following facilities are available to address your business needs
Running Finance – Pledge
Running Financing – Hypo
What type of property is required against main facility?
The facility is available against Flour Mill as property.
Can I avail multiple loans?
Yes, you can apply for multiple loans.
Can I Early Settle my Loan?
There is no restriction on settling loans prior to loan maturity date. Principal and mark-up will be recovered accordingly; markup will be recovered based on days utilized.
What would be the Mode of Repayment?
Mode of Repayment includes Account Debit Authority / Cashier Cheque / Cheque / Cash / Online Transfer, etc.
Is there any penalty?
No Penalties for early settlement however late payment may attract higher spread.
How can I get loan?
We will forward your request to our relationship management team who will get in touch with you to discuss your requirements.