Roshan Zar Plus
Supercharge to the next level The First MicroFinanceBank is excited to partner with Business Owners and Agriculture/Livestock farmers, in order to help them grow and take their business to the next level. In Roshanzar+, clients can avail credit for working capital and asset financing needs upto PKR 1 Million along with essential banking services, accessible through our extensive branch banking network and 24/7 digital banking channels. The First MicroFinanceBank is committed to providing tools to entrepreneurs for realizing their market potential.
| General Eligibility |
- Resident of Bank’s operational vicinity
- Age between 18-64 years
- Either Residential or Business premises must be owned
- At least 3 years of business experience
- Minimum life span of business: 2 years
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| Purpose of Credit |
- Commercial Vehicle Finance (including Tractors)
- Purchase of fixed assets of business
- Pay off crop cultivation expenditures and/or purchase of farm machinery
- Purchase of animals for livestock/poultry/fish farming
- Purchase of machinery, furniture etc.
- Structural and non-structural improvement of business premises
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| Credit Limit |
- Minimum: PKR 500,001
- Maximum: PKR 1,000,000
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| Collateral Options |
- Personal Guarantee (Own and Third Party Guarantee)
- Property Documents
- Vehicle Pledge
- FMFB Bank Deposit / National Saving Certificates
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| Tenor |
- Up to 60 Months (5 years)
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| Loan Repayment |
- Installments
- Bullet Repayements
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| Service Charge and Processing Fee |
- As per applicable Schedule of Charges
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| Required Documentation |
- Valid CNIC
- Collateral / Guarantee Documents
- Complete loan application form
- Other documents as required
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| Insurance |
- Borrower will be covered under the life insurance policy
- Vehicle insurance is mandatory if Vehicle is pledged
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| Account Services |
Roshanzar+ clients would be eligible for The First MicroFinanceBank’s “FIRST Current Plus Account”, with following features:
- Free ATM Gold Card
- Free Bank Statement
- Free Online Transfer Charges (Intra-Bank)
- Mobile Banking
- Free SMS on Account Activity
- Free Pay Order
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Other Terms & Conditions Apply Download
