Multi Input Resettlement Program (MIRP)

Individual Finance up to Pkr 150,000

Financial facilities under the Multi Input Resettlement Programare offered to assist people affected by natural disasters i.e. flood, earthquake, etc. The product offered aims to enable individuals to start a new business or re-start an existingbusiness, which was damaged due to the natural disaster. This product is offered under multi-institution collaboration and in specific geographical locations, wherein financial facilities are one of the support components.

Eligibility Criteria
  • Annual income (net of business expenses) not exceeding Pkr 500,000
  • Valid CNIC
  • Age between 18-64 years
  • Two-year business experience required for larger loan sizes
Type of Credit
  • Short and Medium Term Finance
Purpose of Credit
  • Acquisition of Fixed Assets (excluding land purchase)
  • Working Capital for Enterprises
Lending Methodology
  • Individual Lending
Loan Amount
  • Minimum: Pkr 10,000
  • Maximum (for new start-up businesses): Pkr 150,000
  • Maximum (for existing businesses): Pkr 200,000
Loan Tenor
  • Up to 36 months
Loan Repayment
  • Bullet Installment
  • Equal Monthly Installment
  • Equal Quarterly Installments
Collateral
  • Cash Deposit – Institutional Guarantee
  • Third party Guarantee
  • Property
Other Benefits
  • Credit Linked Life Insurance

Other Terms & Conditions Apply