Khud Mukhtar Loan

Fuel your income and business growth with financial support!

U Bank enables salaried individuals to augment their earnings through the Khud Mukhtar Loan facility. With this loan product, customers including salaried individuals can receive funds for the establishment of a new business or expand their existing business, opening up avenues for additional sources of income for them.

The Khud Mukhtar Loan provides working individuals a chance to build a progressive future for themselves by giving them opportunities to create or uplift their side business.

Salient Features

Loan Facility

Khud Mukhtar: PKR 50,000 to PKR 2,000,000

Khud Mukhtar Plus: PKR 50,000 to PKR 3,000,000

Loan Tenure:

Khud Mukhtar: 24 to 84 months

Khud Mukhtar Plus: 24 to 84 months

Repayment in Equal Monthly Installments

Hassle-Free Loan Processing

Loan Facility on Personal & Collective Guarantee

Life and Health Insurance Facility

Required Documents

Copy of the applicant’s CNIC
Two passport-sized photographs
Proof of income (salary slips and bank statement) or Proof of Business (business card, utility bills, cash memo, etc.)

Terms & Conditions are applicable

FAQs

Who can apply for this loan?

Any Resident Pakistani with a valid CNIC / NICOP

What is the eligibility criteria?

Business individuals or salaried persons

Is there any age limit for the borrower to avail this loan?

The age limit requirement is 20 – 60 years at the time of loan application and loan maturity respectively.

What is the procedure to apply for this loan?

The customer will be required to follow the following steps:

Visit your nearest U Bank branch
Provide the required documents
Sign the loan application form and submit

What documents are required to apply for this loan?

The following documents are required:

Valid CNIC
Two passport-sized photographs
Proof of income (salary slips and bank statement) or Proof of Business (business card, utility bills, cash memo, etc.)

What kind of processing charges are there?

There is a processing fee charged.

What kind of collateral is required for this loan?

There are multiple collateral options available.

For what purpose can I receive this loan?

To establish or expand a business

Khud Mukhtar Loan

How Much do you need ?

Rs 50,000 Rs 3,000,000

06 months 84 months

YOU ARE GETTING

Rs. 0

TERMS OF USE

Months

TOTAL INTEREST

Rs. 0

INSTALLMENT AMOUNT

Rs. 0

Recommended Products

Bank Guarantee

Now grow your business with confidence!

U Bank offers the Bank Guarantee facility with which its customers, including farmers and small and medium-sized entrepreneurs, can foster their businesses and enhance their potential. This facility offers a 100% Cash-Back Bank Guarantee for buyers and sellers, to help them secure new contracts, expand their business, and establish trust with their suppliers.

A bank guarantee is a written instrument guaranteeing that the bank, on behalf of its customer, will cover the payments of the respective customer in case they default. This enables customers to purchase supplies and equipment on credit for the smooth running of their businesses, while adding credibility to their everyday transactions.

This facility is available for a specified amount of financing and time period.

Barhta Karobar Loan

Expand and flourish your business!

U Bank offers a larger sized loan facility for small and medium enterprises to help them meet their business financial needs. Small retailers, medium-sized firms, as well as school owners can utilize the Barhta Karobar Loan facility to help expand and flourish their existing businesses with the purchase of raw material and other business equipment

Sarmaya e Taleem

Building better futures together!

U Bank brings affordable private school financing for school owners. ‘Sarmaya-e-Taleem’ is an education loan that allows private school owners to easily construct, expand, and renovate their owned school buildings. The loan can also be used to purchase furniture, equipment, and computers for the use of students, establish or expand computer labs with the purchase of hardware and software equipment, and improve educational standards with the training and development of teachers.

Success Stories

Bringing Dreams to Life

Yasir Sheikh, a resident of Sheikh Muhalla in Shikarpur, Sindh, always dreamed of running his own business. He began with a small cart selling snacks on the street and gradually expanded to owning a grocery store. As his family grew, Yasir’s desire to provide a quality education for his children intensified. He enrolled them in good private schools, but soon found himself struggling to manage the school fees alongside daily expenses. Faced with the difficult choice between feeding his family and paying for education, Yasir felt overwhelmed and worried. In search of a solution, Yasir turned to U Bank for financial support. The bank's staff guided him through the loan options, and he quickly secured the necessary funds with Barhta Karobar Plus Loan. Within a year, Yasir not only expanded his grocery business but also successfully repaid the loan. Today, his store offers a wider variety of products, his income has increased, and his children are receiving the education he always dreamed of providing. Yasir’s story is a testament to how U Bank's microfinance services can empower small businesses to improve lives and livelihoods in Pakistan.

From Salesman to Business Owner

M. Iqbal Qadri from Adda Shabeel, Sahiwal – Punjab, Pakistan, is a determined business owner, who was working for a small pharmacy as a salesman before progressing to opening his own shop in Sahiwal. Sahiwal, where he is from, is an agricultural region and his family had traditionally been farmers. Between 2006 and 2007, Iqbal worked as a salesman, before he decided to open up his own retail store. He further required capital to expand it and increase his customer inflow. With suggestions from his friends, he twice availed the U Bank Islamic Banking - Apna Karobar Premium Murabaha Financing facility to add investment to his store for its growth. Today, he owns the shop himself, has added inventory and variety to his store, does not have to pay rent, sends his kids to good schools, and is living a good life.

U Bank Transforming Lives of Entrepreneurs

In the rural town of Kot Laysan, Rajanpur, Punjab, Tauqeer Ahmed has been running a successful clothing shop in Saddar Bazaar for 16 years, offering a wide variety of female clothing, from formal wedding clothes to casual dresses. Before starting his own business, Tauqeer worked as a salesman in a jewelry store for a decade, where he struggled with financial constraints. Realizing the potential in the clothing market, he decided to open his own shop, which required less initial investment and promised higher sales. To further expand his business, Tauqeer turned to U Bank for a Running Finance facility. The bank responded promptly, processing his loan quickly and offering a low markup rate. With this financial support, Tauqeer was able to invest in his business, resulting in substantial growth. Now, he enjoys daily sales of thousands of rupees, his income has improved significantly, and he has elevated his household's living standards. Tauqeer’s story highlights the vital role that U Bank's microfinance services play in empowering small and medium-sized businesses in Pakistan.

LISTENING...

Speak Now...

LISTENING...

Speak Now...