SME Qarza
JWS Pakistan “SME Qarza”
JWS Pakistan “SME Qarza” serves the increased credit needs of clients, who want to expand their enterprises to increase sale and turnover.
PRODUCT DESCRIPTION
Loans offered to serves the increased credit needs of the clients to expand their businesses. These loans are extended in the field of commerce trading, manufacturing, handicraft and services sector etc.
ELIGIBILITY CRITERIA
• Age between 21-63 years
• Holding valid CNIC
• Business experience of minimum of 2 years
• 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
• Minimum PKR- 200,000.
• Maximum PKR-500,000.
LOAN INSURANCE
• Client and Spouse Credit Life Insurance