Question:

What are the features of Askari bank's personal loan?

by Guest8186 | 12 years, 10 month(s) ago

My brother is doing M.Sc in banking and finance from Islamic university. he is being assigned a task regarding Askari bank credit cards. he was discussing it with me yesterday. I want to know Who is eligible for Askari bank's Visa Debit Card?

Tags: Askari, banks, features, Loan, Personal

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Guest7704

Age: Salaried: 21-61 years (maturity of loan at 61 yrs.) Salary/ Income: Rs. 30,000/-per month Employment Status: 1 Year Debt Burden: Maximum 50% of the net disposable income Credit Limit: Up to Maximum of Rs. 500,000/- (Subject to maximum of 50% DBR & Industry benchmark is maximum Rs. 1.000 M) Tenor: 1 - 5 years Mark up : Secured Salaried: 19% p.a Mark up : Unsecured Salaried: 21% p.a & Contract Employees 24.2% p.a Reference: Two (2) references with complete details (one should be relative) Processing / Others Charges: As per "Schedule of Bank Charges". Documentation 1. Application Form duly filled & Signed by the applicant in his/her own handwriting. 2. Clear copy of valid CNIC. 3. Two passport size latest photographs 4. Last two month original salary slip or attested photocopy required 5. Last 6 month bank statement of salary account. 6. Copy of the latest paid utility bill received at the residential address in case of salaried individual. 7. Copy of the latest bill received at the business address & residential address, in case of SEB/SEP. 8. BBFS, DDA, Undertaking CF-1, undertaking regarding other credit facilities.
Report (0) (0) | 12 years, 10 month(s) ago