Low Salary Employee Loan

Individual Finance up to Pkr 150,000

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
  • Meet various income generating activities i.e. business and small enterprises, etc. to be managed in part time
  • Meet social dispensation e.g. education of children, health care, housing repairs, etc.
  • Emergency needs
  • Purchase of household items and equipment/motorcycle, etc.
  • Repayment of outstanding expensive debts
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
  • Future Salary Payments
Other Benefits
  • Credit Linked Life Insurance