>Commercial/ SME Finances

Commercial/ SME Finances

Running Finance

Purpose Now purchase of stock and fulfilling needs of operational expenses of your business is no problem. BAJK is here to release your tension and hurdles. Financial limits are available for your Existing Business/ Planned Expansion.
Eligibility All Businessmen having Accounts with BAJK with Reasonable Turnover for at least one year.
Loan Limit According to business worth subject to per party exposure as per SBP Prudential Regulations
Tenure Maximum 12 months
Repayment Lump Sum and mark-up on monthly/quarterly basis
Primary Security Hypothecation of Stock
Secondary Security 2 P.Gs upto Rs. 200,000/- Mortgage of property or Lien of Deposits or Pledge of Gold for above Rs. 200,000/-
Insurance Insurance cover of Stock, property, life, etc as per Bank’s policy
Margin 40% in case property and 10% to 25% on stock. Margin of deposits will be as per Personal Loan Scheme