Generic Products

Running Finance

Purpose of Facility For Meeting Working Capital Requirements
Tenor of Facility Maximum up to 01 Year
Amount of Finance (Limit) Limits will be allocated as per business needs/requirements.
Pricing Market competitive pricing will be offered
Pricing Type Floating (Revision will be made according to the benchmark used for example, if 3M KIBOR is used then revision will be made quarterly, similarly for 6M KIBOR revision will be made bi-annually
Re-Payment Principal: Through Account Turnover and Complete adjustment on or before end of tenor
Mark-up: Quarterly Payment due after the end of each quarter

Cash Finance

Purpose of Facility For Financing of Inventory
Tenor of Facility Maximum up to 180 Days (Dependent upon the nature/type of inventory)
Amount of Finance (Limit) Limits will be allocated as per business needs/requirements.
Pricing Market competitive pricing will be offered
Pricing Type Floating (Revision will be made according to the benchmark used for example, if 3M KIBOR is used then revision will be made quarterly, similarly for 6M KIBOR revision will be made bi-annually
Re-Payment Principal:Complete adjustment on or before end of tenor
Mark-up: Quarterly Payment due after the end of each quarter or at the time of complete adjustment of Principal (whichever comes earlier)

Demand Finance

Purpose of Facility To meet the capital expenditure requirement, procurement of goods/services from local sources, any specific/structured credit need etc.
Tenor of Facility From 30 Days up to 05 Years
Amount of Finance (Limit) Limits will be allocated as per business needs/requirements.
Pricing Market competitive pricing will be offered
Pricing Type Floating (Revision will be made according to the benchmark used for example, if 3M KIBOR is used then revision will be made quarterly, similarly for 6M KIBOR revision will be made bi-annually
Re-Payment Principal:Monthly / Quarterly / Yearly or Complete Adjustment at end of Tenor
Mark-up: Quarterly Payment due after the end of each quarter or at the time of adjustment of principal (whichever comes earlier)

Term Finance

Purpose of Facility Term Finance is allowed setting up new/green field projects, balancing the existing production capacity for greater efficiency/production, expansion of existing projects, modernizing the old process/machinery to more efficient one, replacing the obsolete machinery, any backward/forward integration for greater synergies.
Tenor of Facility From 02 Years up to 07 Years
Amount of Finance (Limit) Limits will be allocated as per business needs/requirements.
Pricing Market competitive pricing will be offered
Pricing Type Floating (Revision will be made according to the benchmark used for example, if 3M KIBOR is used then revision will be made quarterly, similarly for 6M KIBOR revision will be made bi-annually
Re-Payment Principal: As per agreed terms i.e. monthly, quarterly etc.
Mark-up: Quarterly payment due after the end of each quarter or at the time of adjustment of principal (whichever comes earlier)

Trade Related Facilities

A customized and complete end to end solution is provided to customers, which allows them to conduct their business with ease and efficiency. The following products are offered to the customers:

  • Letters of Credits (LC-Sight/Usance) for both foreign and local transactions
  • Finance against Imported Merchandise (FIM)
  • Finance against Trust Receipt (FATR)
  • Export Finance Scheme (EFS) of SBP
  • Finance against Packaging Credit (FAPC)
  • Finance against Foreign Bills (FAFB)
  • Foreign Bill Purchase (FBP)
  • Inland Bill Purchase (IBP)
  • Bank Guarantee / Letter of Guarantee (LG)

Apart from the aforementioned products, business (need) specific products/facilities are also offered which allow businesses to grow and prosper and achieve their true potential.