Fori Qarza

JWS Pakistan “Fori Qarza”

JWS Pakistan “Fori Qarza” is product in which loans given to existing customer to meet them urgency household expenses like grocery, utilities, child education fee and medicine etc.

PRODUCT DESCRIPTION

Small Loan

ELIGIBILITY CRITERIA

• Age between 18-63 years
• Holding valid CNIC
• Permanent resident of the local area
• Positive credit worthiness as per “JWS Pakistan” criteria

LENDING METHODOLOGY

• Individual

GUARANTEE

• Affidavit.

TENURE

• 3-to-6 months

LOAN REPAYMENTS

• Equal Monthly Installments

LOAN AMOUNT

• Minimum PKR- 5,000.
• Maximum PKR-20,000.

LOAN INSURANCE

• Client and Spouse credit life Insurance