5/2/25, 4:33 PM Terms & Conditions - Punjab Rozgaar
Terms & Conditions ارود می ں پڑ ھی ں Home
FEATURE DESCRIPTION
Upto Rs. 10.00 Million
Clean lending: from Rs. 100,000/- to Rs. 1,000,000/-
Secured lending: from Rs. 1,000,001/- to Rs. 10,000,000/-
Loan limit
Under Punjab Green Development Program, the limit of a loan will remain
the same. However, preference will be given to the micro-enterprises, ready
to adopt the environment improving technology, having up to 10 numbers
of employees.
Setting up of new business
Balancing, Modernization and Replacement (BM&R) for existing
Purpose of loan
businesses
Working Capital
Manufacturing, Service, Trading, Agriculture and Live Stock
(Environment Friendly / Quality Improving Micro Enterprises as
MSME Sector
defined above will also be considered under the Punjab Green
Development Program)
Processing fee Rs. 2000/- (non-refundable) at the time of submission of application
Tenure of loan /
Repayment From 02 to 05 years including a grace period
Period
Up to Six (06) Months (However, the markup will be charged during the
Grace period
grace period)
Type of loan Term loan as per bank policy and working capital
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5/2/25, 4:33 PM Terms & Conditions - Punjab Rozgaar
Cost of Capital to be paid by Borrower:
Cost of Capital
4% for clean lending
5% for secured lending
80:20 (For males)
90:10 (Women, Transgender and Differently abled)
Debt: Equity
(Meaning thereby 20% / 10% of the project cost will be invested by the
borrower)
Disbursement of
In installment(s) as per approved business plan
loans
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5/2/25, 4:33 PM Terms & Conditions - Punjab Rozgaar
Security of loan 1. Security for Clean Lending
i. Security for loan limit from Rs. 100,000/- to Rs. 500,000/-
Personal Guarantee of the borrower along with net worth statement.
ii. Security for loan limit from Rs. 500,001/- to Rs. 1,000,000/-
· Personal Guarantee of the borrower along with at least one, Third Party
guarantor with overall net worth collectively equal to size of the loan
applied.
(Third Party should be a citizen of Pakistan and resident of the Punjab
having a valid CNIC and must not be older than 55 years. Moreover, e-CIB
of third party should be clean i.e. it should not have any overdue or write off
history)
OR
· Guarantee of Government employee of BS-10 and above alongwith
personal guarantee of the borrower.
(Departmental gurantee of the government employee will be mandatory)
Net Worth / Wealth Description and Calculation Criteria:
· Net Worth may be in the form of Tangible Asset i.e Property or Vehicle
ownership and may be assessed as follows:
a. Property may be valued at respective DC rate.
OR
b. Property valuation may be established from Wealth Tax statement.
OR
c. Evaluation by Pakistan Banks Association (PBA) approved
evaluator/agent
OR
d. Vehicle valuation shall be invoice price less depreciation (10% for each
passing year).
2. Security for loan limit from Rs. 1,000,001/- to 10,000,000/-
Mortgage of Assets
Asset description
a. Residential / Commercial / Industrial / Agricultural Property / vehicle
having clean title and clear access (acceptable to the bank) and valued
by banks approved appraiser as per bank’s policy.
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5/2/25, 4:33 PM Terms & Conditions - Punjab Rozgaar
b. The property should be in the name of borrower or blood relative of
individual / proprietor / partners.
c. Documentation shall be as per bank credit policy / legal division.
Charge / hypothecation on fixed / current assets as per internal / external
regulations.
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