NBP Women Finance FAQs

Q1. What is Women Finance Loan?
Ans. Women finance means to facilitate women entrepreneurs and provide maximum benefit to their existing as well as startup business.

Q2. What is eligibility criteria?
Ans. Any female individual who is resident Pakistani, CNIC holder aged between 22-65 years.

Q3. What security / collateral needs to be provided for Women Finance Loan?
Ans. Any kind of security which includes 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).

Q4. What is the minimum Applicant’s Experience for availing this facility?
Ans. For existing business, at least 01-year experience, for startups, no prior experience is required but must have adequate skill set/ knowledge to run the business.

Q5. What is the maximum loan amount?
Ans. You can avail up to Rs. 5million (Five Million Rupees) against your security.

Q6. What is Mark-up rate on Women Finance?
Ans. Special markup rate of 5% per annum.

Q7. What is the tenor of loan?
Ans. The maximum tenor of loan is 5 years.

Q8. Do have any grace period in this loan?
Ans. Yes, maximum grace period is 06 months.

Q9.What is the processing fee for Women Finance Loan?
Ans. Processing fee to be recovered as per Bank’s schedule of charges or on actual basis.

Q10.Can loan be paid before its tenor? And is there any early payment charges?
Ans. Loan may be fully adjusted along with markup before maturity with no pre-payment fee/charges.

Q11. What is the frequency of repayment?
Ans. Quarterly servicing of the principle plus markup.

Q12. Who should I contact if I wish to avail this loan?
Ans. Visit any authorized NBP branch and approach Branch Manager and in his / her absence the Operations Manager.

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