Low Salary Employee Loan

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The Low Salary Employees Loan is a personal loan product, which is available for low salaried employees for a variety of purposes. Individual loan is provided to permanent and contractual employees of an organization.

Eligibility Criteria
  • Low salaried employees of Private Companies, NGOs, Corporate and Semi – Govt. institutions, Government Departments, Armed Forces, Semi-Autonomous bodies under the Federal and Provincial Government, and Private and Government Schools
  • Annual income (net of business expenses) not exceeding Pkr 500,000
  • Valid CNIC
  • Age between 18-64 years
  • Having at least one year of employment/service for permanent employees and three years for contract staff
  • Proof of salary: Salary Slips, Bank Statements or Employer Certification
Type of Credit
  • Short and Medium Term Finance
Purpose of Credit
  • Supporting all Types of Economic Activates
  • Housing Improvement
  • Education
Lending Methodology
  • Individual Basis
Loan Amount
  • Minimum: Pkr 25,000
  • Maximum: Pkr 150,000
Loan Tenor
  • Up to 36 months
Loan Repayment
  • Equal Monthly Installments
Collateral
  • Future Salary Payments
Other Benefits
  • Credit Linked Life Insurance

Other Terms & Conditions Apply
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