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
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
Credit Limit
  • Minimum: PKR 500,001
  • Maximum: PKR 1,000,000
Collateral Options
  • Personal Guarantee (Own and Third Party Guarantee)
  • Property Documents
  • Vehicle Pledge
  • FMFB Bank Deposit / National Saving Certificates
Tenor
  • Up to 60 Months (5 years)
Loan Repayment
  • Installments
  • Bullet Repayements
Service Charge and Processing Fee
  • As per applicable Schedule of Charges
Required Documentation
  • Valid CNIC
  • Collateral / Guarantee Documents
  • Complete loan application form
  • Other documents as required
Insurance
  • Borrower will be covered under the life insurance policy
  • Vehicle insurance is mandatory if Vehicle is pledged
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

Other Terms & Conditions Apply Download