Housing loan

JWS Pakistan “Housing Loan”

JWS Pakistan “Housing Loan” is a product Loans are extended for low-income group to fulfil their basic housing needs including repair and construction, renovation and house expansion etc.

PRODUCT DESCRIPTION

Small Loans are offered for all

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
• Group basis

GUARANTEE

• Social Collateral/ postdated cheques/ Promissory Note/ Fard or original registry etc.

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 OF HOUSE
upto PKR-500,000.

LOAN INSURANCE

• Client and Spouse credit life Insurance