prime minister youth loan scheme 2023 online registration
"Prime Minister Youth Loan Scheme 2023 Apply Online For Tier 1":Link Below
https://youtu.be/7Nw29IUTH_4
How to apply for Prime Minister Youth Program?
How to apply for Prime Minister Kamyab Jawan program?
PM Youth Internships Apply Online through www.pmyp.gov.pk,youth loan
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2023,prime minister loan scheme,and the Prime Minister Internship
program 2023 Application is now open. Prime Minister Pakistan Imran Khan
has Announced the Paid Internship Program 2023 For the Unemployed
Graduates of Pakistan.
Who is eligible for PM loan scheme?
Financing under PMYP-YES is available for all citizen of Pakistan
holding CNIC, aged between 18 and 45 years with entrepreneurial
potential.
How to get youth loan in Pakistan?
All Pakistani residents, aged between 18 and 45 years with
entrepreneurial potential are eligible to apply for the loan. For IT/
E-Commerce related businesses, the lower age limit is 18 years.
Applications have to be submitted online only through our website. Loans
provided under PMYB&ALS are segregated into 3 tiers.
What is Prime Minister Youth loan Scheme?
Prime Minister's Youth Business Loans support youth and their
entrepreneurial mindset by providing easy access to business loans. The
loans are provided on simple terms and with less markup through 21
Commercial, Islamic, and SME banks.
"PM Youth Business Loan 2023 Eligibility, Application Form, How To
Apply"
"Apply Prime Minister Youth Business Loan Scheme 2023"
"Prime Minister Loan Scheme 2023, Apply Online For PMYBL"
"Prime minister youth business loan program 2022-2023 | Online
Registration"
"How to Apply Prime Minister Youth Loan Scheme 2023"
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Prime Minister's Youth Business & Agriculture Loan Scheme 2023 (PMYB&ALS)
Prime Minister Youth Loan Scheme 2023:
Government of Pakistan has approved revisions in the key features of PMKJ-YES with a view to make it more purposeful and beneficial for small businesses and agriculture. The new components of youth loan scheme 2023,pm nojawan loan scheme,www.pmyp.govt,pm shahbaz sharif loan scheme,shahbaz sharif loan scheme 2023 online apply,shahbaz sharif loan scheme,pmyp.gov.pk loan form,pm youth loan scheme 2023,pm loan scheme 2023,prime minister loan scheme,prime minister youth loan scheme 2023 online registration, prime minister youth loan online apply , interest free microloans and agriculture loans have been added in the scheme. Moreover, the scheme has been renamed as Prime Minister's Youth Business & Agriculture Loan Scheme (PMYB&ALS).
The key features of PMYB&ALS PM Youth Loan Scheme 2023 approved by the Government of Pakistan are reproduced below:
Prime Minister Youth Loan Scheme 2023 Eligibility Criteria:
All citizens of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible.
For IT/E-Commerce related businesses, the lower age limit will be 18 years and at least matriculation or equivalent education will be required.
Above age limit condition is applicable on individuals and sole proprietors. In case of all other forms of business including partnerships and companies, only one of the owners, partners or directors must be in the age bracket prescribed above.
Small and Medium Enterprises (startups and existing businesses) owned by youth as per above mentioned age brackets are also eligible.
In case of agriculture, farmers’ classification as per SBP’s “Indicative Credit Limits & Eligible Items for Agriculture Financing 2020” will be applicable.
Prime Minister Youth Loan Size:
Size of loan is segregated into 3 tiers, as under: Tier 1 (T1): Upto Rs 0.5 million Tier 2 (T2): Above Rs 0.5 million and upto Rs 1.5 million Tier 3 (T3): Above Rs 1.5 million and upto Rs 7.5 million
Prime Minister Youth Loan Type:
Term loans/ working capital loans including murabaha and leasing/financing of machinery and locally manufactured vehicles for commercial use. Only one vehicle per borrower is allowed. A borrower in food franchise and distribution business may avail financing for more than one vehicle. Upto 65% of total financing limit can be availed for Civil Works. For agriculture, production and development loans are eligible.
PM Youth Loan Scheme 2023 Tenor:
T1: Upto 3 years and repayment will be in equal monthly installments. However, in case of crop loan, tenor will be upto 1 year and repayment will be lump sum on or before maturity, tied-up with the crop cycle.
T2 & T3: Upto 8 years for long term/development loans with maximum grace period of upto one year.
For working capital/production loans and murabaha under T2 and T3, tenor will be upto 5 years. Banks will have the option to lend working capital/production loans wherein only markup will be payable during first 2 years and thereafter both principal along with the markup will be paid in next 3 years making it total repayment period of upto 5 years.
Debt: Equity ratio:
For New Businesses:
T1 & T2 - 90:10 T3 - 80:20
The Borrower’s contribution of equity would be in the form of cash or immovable property and will be required after approval of loan.
For Existing Businesses: Nil for all tiers.
PM Youth Loan Scheme 2023 Interest Rate or Markup Rate:
T1: KIBOR+9% which includes wholesale lenders margin of KIBOR+1% and Microfinance Banks (MFBs)/Microfinance Institutions (MFIs) margin of 8%. T2 & T3: KIBOR+3% Six months KIBOR offer will be used for calculation of mark-up subsidy.
End user rate:
T1: 0% T2: 5% T3: 7%
PM Youth Loan Scheme 2023 Security Requirements:
Security arrangement will be as under:
T1: Clean (secured only by personal guarantee of the borrower). In addition, rules & regulations of SECP/SBP shall be complied with by MFBs/MFIs. T2: Clean (secured only by personal guarantee of the borrower). T3: As per banks policy. Vehicle(s) financed under T1, T2 & T3 to serve as collateral.
Risk Mitigation:
Government will bear credit losses (principal portion only) on the disbursed portfolio of the banks as under:
T1: Upto 50% which includes 40% for wholesale lenders on pari-passu basis and 10% for MFBs/MFIs on first loss basis T2: Upto 25% on first loss basis T3: Upto 10% on first loss basis
PM Youth Loan Number of loans per borrower:
A customer may avail maximum two loans (including one long term and one short term loan) within overall maximum financing limit of Rs 7.5 million.
In case of agriculture, a customer may avail one production loan and one development loan within overall maximum financing limit of Rs 7.5 million.
Sectors and Products:
All sectors and products. Moreover, in case of agriculture, all crop and non-crop sectors (including crop production, livestock, poultry, fishery, dairy etc.) are also eligible.
Executing Agency (EA):
All commercial and Islamic banks are advised to come on board.
Banks/DFIs are encouraged to participate as wholesale lenders for providing liquidity to MFBs/MFIs for onward lending under T1.
The loan applications processing and disbursement under T1 will only be made through MFBs/MFIs to be selected by the respective wholesale lenders.
Focus on Women:
25% of the loans will go to women borrowers.
Allocation in Budget:
Finance Division shall allocate funds in each fiscal year’s budget as per estimates provided by SBP. Payment will be made on submission of consolidated claims of all banks by the SBP on quarterly basis.
Online Application Form on PM Youth Portal:
For effective monitoring, online application form is prescribed through PM Youth Program (PMYP) Portal. The Form would be both in English and Urdu as provided on the portal.
The purpose of the portal is to provide a centralized platform through which applicants would be able to apply directly to the relevant banks. The portal will be hosted and controlled by National Information Technology Board, Ministry of IT and Telecommunication.
Only authorized stakeholders for specific purposes will have an access to the portal e.g. individuals for the purpose of applying for loans; banks for the purpose of receiving applications; SMEDA for providing their hand-holding/guidance support wherever necessary and PM Youth Office for retrieving information for monitoring purpose.
Moreover, external audit of the portal from expert IT auditors will be conducted on annual basis to ensure that online portal is used by the concerned stakeholders for intended purpose only and unauthorized use of the online portal, if any, is identified in a timely manner.
Turn Around Time:
The processing time will not exceed 45 days and will be stated clearly in the application form. Non-refundable form processing fee will be Rs. 100/- inclusive of NADRA online CNIC verification fee.
Monitoring:
SBP will devise a mechanism in conjunction with Finance Division and banks on monitoring the subsidy budget and setting triggers.
SBP will also publish consolidated information about the loans extended under the scheme for information of the public on quarterly basis on its website.
Geographical distribution:
Whole of Pakistan. In case of Balochistan, at least one branch of NBP will be designated per Division.
Additional Measures:
Executing Agencies should ensure following additional measures:
Criteria for assessing entrepreneurial potential should be developed and implemented.
In case of loan for existing businesses, a robust independent verification mechanism may be introduced to ensure proper utilization of loans.
For new businesses, a robust mechanism for ongoing monitoring of the loans’ utilization should be developed and implemented.
A comprehensive monitoring and evaluation framework may be developed to measure the impact of the scheme, particularly direct jobs created by the beneficiaries.
The Prime Minister (Youth Affairs) Office may hire a firm for audit, evaluation and monitoring of the scheme.
prime minister youth loan scheme 2023 online registration | prime minister youth loan online apply |
Akhuwat Loan | Family Enterprise Loan | Akhuwat Foundation Loan |
Family Enterprise Loan:
Family enterprise loans are offered by AIM for the establishment of a new business or the expansion of an existing one. AIM would like to continue to place emphasis on provision of such loans.
Akhuwat Foundation Family Enterprise Loan Feature and Requirement:
akhuwat foundation loan | prime minister low cost housing scheme |
Government of Pakistan through Ministry of Housing & Works has launched a Housing Scheme with total funds of PKR 7 Billion out of which 7 Billion has been released by the Government of Pakistan till now & subsequently disbursed. Under the said scheme, poor and deserving families will be provided with financial assistance as per Shariah compliant product up to PKR 500,000/- through Akhuwat Islamic Microfinance (AIM). This scheme seeks to support the poor both economically and socially.
Prime Minister Low Cost Housing Scheme Salient Features are as follows:
Financing size up to Rs.500,0000/-
Repayment period is from 13 to 60 months.An early repayment will be welcomed.
Average Monthly rental amount is up to Rs.10,000/-
Financing will be given for following purposes:
Entire new construction or lanter for new house.
Addition of rooms, kitchen & bathroom etc.
Renovation & up gradation.
The application processing fee will be zero.
Eligibility Criteria for Low Cost Housing Scheme: To be eligible under the said scheme, the applicant must meet the following criteria of having;
Valid CNIC
Age up to 60 years
Applicant must be the owner of the land/house
Valid ownership title or evidence of land/house(mayincludeRegistry,Inteqal,Fard,Allotment letter or any other valid evidence deemed appropriate)
Land size of 5 Marla or less or covered area which is not more than 1,360sqft.
Good social and moral character in community
Monthly house hold income upto Rs.60,000.
Residence in the operational area of AIM’s branch.
Should have a clear credit history(ifany).
*Preference may be given to widows and house holds with monthly income below Rs.40,000. For further details,please visit our branch nearest to your plot/house under consideration. Complete address & contact details of our branches is available on our website.
finca microfinance bank loan details in urdu | finca bank loan online apply |
FINCA Microfinance Bank Ltd. helps you achieve your dreams
with finca microfinance bank loan,finca bank loan online apply
and finca bank loan products coupled with the best interest rates, easy
repayment options, seamless loan processing and quick turnaround time for
acquiring loans.
FINCA Microfinance Bank Loan
In 2013 FINCA Microfinance Bank Ltd opened its doors to the
people of Pakistan as part of the FINCA global network. FINCA Microfinance
Bank Limited is a licensed deposit-taking bank, one of the fastest growing
microfinance networks in Pakistan operating in 135+ cities.it helps you
achieve your dreams with multiple loan products coupled with the best interest
rates, easy repayment options, seamless loan processing and quick turnaround
time for acquiring loans.
FINCA Microfinance Bank Limited Provides the Following Loans Finance
Facilities:
Tractor Loan
Niswan Karza
Light Commercial Vehicle Loan
Karobari Karza
Kashtkar Karza
Maweshi Karza
Sunheri Karza
House Loan (Renovation/Improvement)
Motorcycle Loan
FINCA Microfinance Bank Loans Features & Specifications
1.Tractor Loan
A tractor is an essential necessity of farming therefore
FINCA brings Tractor Loan for all farmers. It gives them the opportunity to buy
new and used Tractors at lowest Markup rates to help increase their
agricultural yield.
Features & Specifications
Credit Amount from PKR 500,000 to PKR 1,000,000
Tenure from 1-5 years
Easy Bi-Annual Installments
10% Down Payment
Available for the purchase of new or old tractor
Instant SMS alert on every transaction
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 21 to 64 (at the time of Loan approval)
Valid CNIC
Experience in crop farming for >1 year
Owns min 1 acre land
Documents of Agricultural Land
Personal & Business address within the zone/radius of
associated branch
2.Niswan Karza
A successful woman is the one who can build a firm
foundation. Niswan Karza helps women build that foundation with a loan for
their business needs.
Features & Specifications
Credit amount ranges from PKR 25,000 to PKR 350,000
Credit tenure: 6, 12, 15 and 18 months
Repayment in Equal Monthly Installments (EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Resident Pakistani National.
Hold Valid CNIC (Computerized National Identity Card).
Age between 21 to 62 Years (At the time of approval of
loan).
Not Part of Any Customer / Loan Exclusion / Negative List.
Involved in Business for Last 01 Year.
Running Business at Current Location for Last 01 Year.
3.Light Commercial Vehicle Loan
FINCA Light Commercial Vehicle Loan / Lease facility caters
to the needs of business individuals involved in the transportation business or
requires commercial vehicles to support their business activities.
Features & Specifications
Credit Amount from PKR 500,000 to 10,00,000
Tenure from 1 – 5 years
Easy Monthly Installments
10% Down Payment
Instant SMS alert on every transactions
IBFT Facility
24/7 Call Center Assistance.
Min Eligibility Requirements:
Age between 21 to 62 (at the time of Loan approval)
1 Passport size picture
Valid CNIC
Evidence of Monthly Income
4.Karobari Karza
Take your business to new heights with Karobari Karza that
gives you a chance to fulfil your working capital / capital expenditure
requirements for your business.
Features & Specifications:
Credit Amount ranges from PKR 25,000 to PKR 1,000,000
Credit tenure can be 6, 12, 15, 18 or 24 months
Repayment in Equal Monthly Installments (EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 20 to 64 years (at the time of loan approval)
Valid CNIC
Operational business for >1 year
Personal guarantor
5.Kashtkar Karza
Kashtkar Karza gives farmers the opportunity to expand their
farming business. Repayment of this loan is synced with crop cycles to provide
ease.
Features & Specifications
Credit amount from PKR 50,000 to PKR 500,000
Tenure from 3 to 12 months (15 months for Sugarcane only)
Lump Sum repayment
Convenient & easy to understand loan process
Instant SMS alerts on every transaction
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 21 to 62 years (at the time of approval of loan)
Valid CNIC
Experience in crop farming for >1 year
Personal guarantor
6.Maweshi Karza
A loan facility that is designed to meet the ever growing
financial needs of the livestock sector to increase productivity and fulfill
capital requirements.
Features & Specifications
Credit amount ranges from PKR 25,000 to PKR 500,000
Repayment in Equal Monthly Installments or Lump Sum
Tenure from 3 to 12 (Lump Sum); 6, 12, 15, 18 or 24 months
(EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
Cheque Book
Call Center assistance 24/7
Min Eligibility Requirements:
Age between 21 to 62 years (at the time of approval of loan)
Valid CNIC
Operational Livestock business for >1 year
Personal guarantor
7.Sunheri Karza
Instead of selling your gold to finance or expand your business, you can now
provide gold as a security collateral against the loan while still keeping
ownership of your gold.
Features & Specifications
Credit Amount ranges from PKR 25,000 to PKR 1 Million
Credit tenure can be 6 to 12 months (EMI); 3 to 12 months
(Lump Sum)
Repayment in Lump Sum or Equal Monthly Installments
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Valid CNIC
Age between 21 to 62 years (at the time of loan approval)
Gold (Ornaments or Bullion)
8.House Loan (Renovation/Improvement)
House Loan is a medium to long term loan facility. The
product is designed for renovation, improvement, extension, restoration and
enhancement of customer’s existing housing unit.
Product Specification
Credit Range: Rs.75,000 to Rs.1,000,000/- loan facility.
Competitive Mark-up Rate.
Credit Tenure: Up to 5 years (up to 24 months for
unsecured).
Easy monthly installments.
Minimum documentation & Quick Loan Processing.
Repayment in Equal Monthly Installments (EMI).
Instant SMS alerts on every transaction.
Online Banking.
IBFT Facility.
24/7 Call Center Assistance.
Eligibility Criteria
Age limit 21 to 62 years (up to 60 years for salaried
individuals).
02 years business / employment experience (03 years for
contractual employee).
Valid CNIC.
9.Motorcycle Loan
Motorcycle Loan is funded secured short to medium-term loan
facility classified as business / conveyance loan and is designed to finance motorcycle
(s) of reputed brand (s). The loan is payable in equal monthly installments.
This facility will be extended for Business transportation needs of
businessperson/ self-employed professionals & carriage needs of Milkman
(Livestock dairy customers).
Features & Specifications
Credit amount ranges from PKR. 30,000 to PKR. 150,000.
Credit tenure: 12, 24 & 36 months.
Repayment in Equally Monthly Installments (EMI).
Convenient & easy to understand paper work.
Instant SMS alerts on every transactions.
Online Banking.
IBFT Facility.
24/7 Call Center Assistance.
Min Eligibility Requirements:
Resident Pakistani National.
Hold Valid CNIC (Computerized National Identity Card).
Age between 21 to 62 Years (At the time of approval of
loan).
Not Part of Any Customer / Loan Exclusion / Negative List.
apna microfinance bank loan scheme | apna bank loan apply online |
Apna Microfinance Bank Limited provides the Apna
Microfinance Bank Loan, Apna Bank Loan, Apna Bank Personal Loan,finance
facilities Apna Bank Loan Apply Online to micro entrepreneurs including women
engaged in income generation and related activities.
Apna Microfinance Bank Loan
Apna Bank Restricted is authorized by the State Bank of
Pakistan taking bank under the Microfinance foundations Law 2001.The bank provides the following finance facilities to micro
entrepreneurs including women engaged in income generation and related
activities.
Apna Microfinance Bank Limited Provides the Following Loans Finance
Facilities:
1. APNA GOLD
2. APNA Pension Loan
3. APNA Business Loan
4.APNI Sawari Deals
5. APNA Salary Loan
6. APNA Tractor Loan
7. APNA House Loan
8.APNA Live Stock Loan
9. APNA Agriculture Loan
Apna Microfinance Bank Limited Finance Explanation Documents and Requirements:
1. APNA Pension Loan
APNA Pension Loan Apna Micro Finance Bank cares
a lot for senior citizens of Pakistan. Apna Bank introduces “Apna Pension Loan”
for the senior citizens and their family members (Spouse/Unmarried Daughters)
who are getting pension.
The “Apna Pension Loan” product is designed for the retired employees, their
spouses & unmarried Daughters (deceased employees) who are receiving
pension from Government/Semi Government Departments. These loans will be
utilized for the various purposes enabling them to bridge up their financial
shortcomings. Apna Pension Loan will provide financial facilities easily and
quickly against future pension payments.
This product will fulfil the financing necessities of the pensioners to manage
any financial activity like commencing a new business, education of children,
health treatment, housing repairs or any other purpose.
Loan amount: Maximum amount up to Rs. 150,000/-
Requirement
Copy of CNIC
1 Passport Size Photo
Copies of Latest Utility
Bills (Not older than 3 months)
2 Personal Guarantees of
well reputed and credit worthy persons
Copy of CNIC of both
guarantors
Proof of pension: Original
Pension Book or Pension Order/Retirement Letter/Service Letter/Online
verification etc. and Bank Statement.
2- Security Cheques
Security/ Collateral
Two personal guarantees of
the reputed persons within the vicinity/range of branch.
Advantages:
·ATM Card (Optional)
·Full range of banking
services.
·Imbedded Life & Assets
Insurance cover.
·Minimum processing time.
(Less than seven days).
2. APNA GOLD
APNA Gold Loan Keeping in view of the market
dynamics and inclinations towards the secured portfolio and to increase the
market share and profitability of the bank, a new product is designed with the
name of Apna Gold which will provide the financing facility against Gold/Gold
Ornaments as security. This product will cascade the business and personal
needs of the self-employed, Salary persons, Micro-entrepreneurs and individuals
of low income group of the society.
This product will cater the financing needs of individuals/salary persons to
meet their personal/domestic expenses and to self-employed and
Micro-entrepreneurs who require the working capital to fulfil the financial
prerequisites to start a new business set up or to supplement their
existing/running business.
Loan Amount: Maximum amount up to Rs. 150,000/- for
individuals and maximum up to Rs. 500,000/- for Micro Entrepreneurs Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility
Bills (Not older than 3 months)
Copy of CNIC of next of kin
Business Proof
2- Security Cheques
3. APNA Business Loan
In order to increase the market share and the profitability
of the bank, a new product is designed to provide the financing facility to
individuals of low income group of the society to start new business and to
Micro Entrepreneurs who require the working capital and for the expansion in
their existing business or for the purchase of assets as required for business.
This product will cater the financing needs of individuals to establish a new
business set up and to cascade the financial prerequisites of micro
entrepreneurs to augment their existing/running business and helping them to
purchase the business machinery/assets etc.
Loan Amount: Maximum amount up to Rs. 150,000/- for
individuals and maximum up to Rs. 500,000/- for Micro Entrepreneurs
Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility Bills (Not older than 3 months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Business Proof
2- Security Cheques
Security/ Collateral
Any of the following Security/Collateral can be obtained:
Two personal guarantees of the reputed persons within the
vicinity/range of branch.
Lien/Mortgage on Residential/Commercial property/Agri Pass
Book.
Advantages:
ATM Card (Optional)
Full range of banking services.
4.APNI Sawari Deals
APNI SAWARI A new product has been designed to
cascade the Business/Personal needs of individuals who want to purchase their
transport (two, three and four wheelers) through AMBL financing channel. Under
this product, we will provide financing for purchase of New Motorcycle,
Rickshaw and other Transport vehicles (two, three and four wheeler) meant for
Business/Personal use. However, in case of three-wheeler,
Government/Provincial/Local approval for usage would be a pre-requisite.
Loan amount: Maximum amount up to Rs. 150,000/-
Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility Bills (Not older than 3 months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Business Proof
2- Security Cheques
Security/ Collateral
Any of the following Security/Collateral can be obtained:
Two personal guarantees of the reputed persons within the
vicinity/range of branch.
Lien/Mortgage on Residential/Commercial property/Agri Pass Book.
Advantages:
ATM Card (Optional)
Full range of banking services.
5. APNA Salary Loan
APNA Salary Loan The “Apna Salary Loan” product is
designed for the salaried individuals of low income group of the society to
fulfill their needs enabling them to bridge up their financial shortcomings.
This product will fulfill the financing necessities of the salaried individuals
to realize any urgent financial requirement. Individuals drawing their salaries
in cash are also eligible to apply for the facility.
Loan amount: Maximum amount up to Rs. 150,000/-
Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility Bills (Not older than 3 months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Last 3 salary slips or Salary Certificate issued by
Employer.
2- Security Cheques
Security/ Collateral
Two personal guarantees of the reputed persons within the
vicinity/range of branch
Advantages:
ATM Card (Optional)
Full range of banking services.
6. APNA Tractor Loan
APNA Tractor Loan Agriculture is the backbone of
our economy and Tractor is an essential tool/machinery of agriculture. A new
product has been designed to boost up the mechanized farming in the country,
Apna Tractor Product is introduced to offer specialized set of services to the
farmers/micro entrepreneurs to cascade their Agri based needs.
Under this product, we will provide financing for the purchase of new tractors
meant to gratify the farming and non-farming needs of Farmers/Micro
Entrepreneurs. Customer can repay the instalments conveniently under biannual
installment plan.
Loan amount: Maximum amount up to Rs. 500,000/-
Requirement
Copy of CNIC
1 Passport Size Photo
Business Proof / Fard Malkiyat/ Agri Pass Book/ Land Revenue
records
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
2- Security Cheques
Security/ Collateral
Two personal guarantees of the reputed persons within the
vicinity/range of branch.
Tractor will be registered in the sole name of the bank.
Tracker device shall be installed in each tractor financed
and the cost of the tracker shall be imbedded in the annual insurance
premium.
Advantages:
ATM Card (Optional)
Full range of banking services.
7. APNA House Loan
A new long-term product of Apna House Loan is designed to
cascade the housing needs of the individual of the low-income group of society
and micro entrepreneurs to buy, build and renovate houses only for residential
purpose.
Under the product of Apna House Loan, customer will repay the loan through
monthly payments to the bank to trigger their ultimate dream for a house.
Owning a house is a dream of every class of the society but poor segment needs
funds as assistance to buy/build or renovate houses for their livings. Apna
Bank is giving easy instalment plans o cascade the loan related needs of the
poor class of the society.
Loan amount: Maximum amount up to Rs. 500,000/-
Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility Bills (Not older than 3 months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Business Proof
2- Security Cheques
Security/ Collateral
Equitable mortgage shall be obtained in all cases along with
MOTD (memorandum of title deposit).
Advantages:
ATM Card (Optional)
Full range of banking services.
8.APNA Live Stock Loan
APNA LIVESTOCK Loan Agriculture has been the mainstay
of Pakistan since its inception and livestock industry is an integral part of
the agriculture related activities. Dairy and livestock contributes more than
50% in Agriculture GDP of the country. Realizing the importance of this sector,
a product of Apna Livestock loan is designed to cascade the financial
requirements of the individuals and Micro Entrepreneurs, associated with this
industry, enabling them to enhance the productivity.
This product will realize the capital requirements of the individuals and Micro
Entrepreneurs associated with the field of dairy and livestock helping them to
purchase the animals for the purpose of fattening/rearing, live stock trading
and purchase of milking animals.
Loan Amount: Maximum amount up to Rs. 150,000/- for
individuals and maximum up to Rs. 500,000/- for Micro Entrepreneurs.
Requirement
Copy of CNIC
2 Passport Size Photos
Copies of Latest Utility Bills (Not older than 3 months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Business Proof
2- Security Cheques
Security/ Collateral
Any of the following Security/Collateral can be obtained:
Two personal guarantees of the reputed persons within the
vicinity/range of branch.
Lien/Mortgage on Residential/Commercial property/Agri Pass
Book.
Animal tagging is compulsory as per bank’s arrangements
Advantages:
ATM Card (Optional)
Full range of banking services.
9. APNA Agriculture Loan
APNA Agriculture Loan Based on the resilient
contribution of agriculture sector in our country’s economy and keeping in view
the growing financial needs of farmers, a new product of Apna Agriculture Loan
is designed to provide the financing facility covering an entire spectrum of
agricultural needs of the Farmers and Agri Entrepreneurs to encounter their day
to day agricultural overheads on major and minor crops. This product will
cascade the financial needs of small farmers and Agri Entrepreneurs to meet
their expenditures on their major and minor crops regarding the expenses of
Agri inputs like fertilizer, pesticides, cultivation, labour, transportation
etc. and for the purchase of agricultural farming machinery / instruments /
equipment/ harvesters.
Loan Amount: UP TO 150,000 RS
Requirement
Copy of CNIC
Passport Size Photos 2 Photos
Copies of Latest Utility Bills (Not Older than 3 Months)
2 Personal Guarantees of well reputed and credit worthy
persons
Copy of CNIC of both guarantors
Business Proof
2- Security Cheques
Security/ Collateral:
Two personal guarantees of the reputed persons within the
vicinity/range of branch
Lien/Mortgage on Residential/Commercial property/Agri Pass
Book
