House Finance
JWS Pakistan “House Finance”
Loans are provided to fulfil the basic housing needs of the clients including repair and maintenance, construction, renovation and house expansion etc.
PRODUCT DESCRIPTION
Loans are provided to fulfil the basic housing needs of the clients including repair and maintenance, construction, renovation and house expansion etc.
ELIGIBILITY CRITERIA
• Age between 21-63 years
• Holding valid CNIC
• Permanent resident of the local area
• Positive credit worthiness as per “JWS Pakistan” criteria
LENDING METHODOLOGY
• Individual
GUARANTEE
• Guarantor required/ postdated cheque
TENURE
• 12 - to - 36 months
LOAN REPAYMENTS
• Equal Monthly Installments
LOAN AMOUNT
CATEGORY 1. MAINTENANCE
• Minimum PKR- 50,000.
• Maximum PKR-200,000
CATEGORY 2. PURCHASING / CONSTRUCTION OF HOUSE
upto PKR-500,000.
LOAN INSURANCE
• Client and Spouse credit life Insurance