Micro Finances
                    

Micro Finances

Micro Enterprise Loan

Purpose To encourage small scale enterprises, create self-employment opportunities, generate economic activities and reduce poverty
Eligibility AJK Nationals, especially low income groups and skilled persons
Age limit 18-60 Years
Loan Limit Maximum Rs. 100,000/-
Tenure Maximum 36 months
Repayment Monthly Installments
Security One PG of BPS-11 or above, Lien on Deposit or Gold
Insurance As per Bank’s Policy
Margin on Stock 10% to 25%