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NBP Women Finance Scheme
Type: Term Finance
Purpose: Purchase of fixed assets including plant/machinery and equipment etc. for new or existing businesses.
Eligibility: Any business or startups run & managed by women in following categories:
Sole proprietor
Partnerships with more than 50% shareholding of women
Private Limited Companies with women CEO or Managing Director or having more than (50%) female employees. (Such ownership interest and management status to be retained throughout the tenor of the Loan).
Loan Size:
- Minimum Loan PKR 2.5M
- Maximum Loan PKR 5M
Age Limit:
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Minimum 22 years.
- Maximum 65 years at the time of maturity of loan.
Repayment Frequency: Quarterly
Grace Period: Max. 6 month
Salient Features:
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Special markup rate of 5% per annum.
- Quick & easy processing.
- Provision of technical guidance to the borrower.
- Financing available against Mortgage of the Property of borrower/guarantor, Pledge of Gold Ornaments, Pledge of Marketable Securities i.e. certificate of deposits, TDRs and National Saving Certificate, Hire Purchase Agreement (Joint Registration of Vehicle).
Equity/Down Payment minimum 15% equity for startups & 10% for existing businesses.
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