Micro Pensioner Loan

Individual Finance up to Pkr 150,000

The Micro Pensioner Loan is a personal loan product, which is available for pensioners of Government organizations and semi-government institutions for a variety of purposes. Whether it is for commencing a new business, medical treatment, expensive laboratory tests, or purchase of a motor cycle, Micro Pensioner Loan provides financial facilities easily and quickly, against future pension payment.

Eligibility Criteria
  • Retired Employees/spouses of deceased employees receiving pensions from government, semi-government and military institutions
  • Annual income (net of business expenses) not exceeding Pkr 500,000
  • Valid CNIC
  • Age between 18-64 years
Type of Credit
  • Short and Medium Term Finance
Purpose of Credit
  • Manage any economic activity/enterprise
  • Meet social dispensation e.g. education of children, health care, housing repairs
  • Repayment of outstanding expensive debts
Lending Methodology
  • Individual Basis
Loan Amount
  • Minimum: Pkr 10,000
  • Maximum: Pkr 150,000
Loan Tenor
  • Up to 36 months
Loan Repayment
  • Equal Monthly Installments
  • Equal Quarterly Installments
  • Bullet Installment
Collateral
  • Future Pension Payments
Other Benefits
  • Credit Linked Life Insurance