| Products Description | |
|---|---|
| Purpose | LOLC Karobari Qarza loan is disbursed to enhance the business and fulfill the requirement of investment for a business. This product shall be extended to individuals for managing their existing business OR establishing new business (For Working Capital/ Asset Acquisition/ Raw Material etc.). |
| Eligibility Criteria | Annual Income is up to Rs. 1,200,000 (net of all deductions). |
| Product Nature | Individual Loan |
| Loan Range | Rs. 100,000/- to Rs. 350,000/- Rs. 70,000 to 350,000 to selected branches |
| Loan Term | 06 to 36 Months |
| Repayment Mode | Equal Monthly Instalments (EMI), Structural Monthly Instalments |
| Collateral | Maximum two Guarantors/Personal Guarantees OR Pledge of Asset |
| Documents Required |
|
| Who Can Avail | Any one running his/her own business within the age bracket of 18 – 62* years with at least two years in relevant business (for existing business) and for new business, customer should have relevant skills & experience *(Maturity of loan should coincide with the 62nd birthday of the customer |
Our team is always at the your service and we look forward to receiving your enquiries. Please feel free to contact us using the details below or send us your email address to receive information about our products and services.
LOLC Microfinance Bank was formerly known as Pak Oman Microfinance Bank Limited (the Bank).The Bank was incorporated on 09 March 2006 as a public limited company under the Companies Ordinance, 1984 (repealed with the enactment of the Companies Act, 2017 on 30 May 2017) and was licensed by the State Bank of Pakistan (SBP) on 12 April 2006.
UAN:
021-111-115-652
Phone:
+92-21-34300381-85
Registered Office address:
Park View Plaza, Bearing 6300-Near Hotel Royal Palace, Jhelum Road, Chaklala Cantt, Rawalpindi.
The proper handling and protection of personal information is an important social responsibility. As a result, LOLC Microfinance goes above and beyond to ensure that clients’ personal information is used appropriately and protected by industry standard security methods.
