Permanent employees of corporate payroll clients between the ages of 20 – 60 years of age not withstanding retirement can apply for this loan.
Customers outstanding loan amount will be deducted from their next salary run.
No there is no interest applied, however the applicant will pay a one time processing of PKR 500 or 1% of the loan amount, whichever is higher. This fee is deducted at the time of disbursal.
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