U Bank Islamic Banking offer individual financing facility based on Murabaha Islamic mode of finance against personal guarantee for micro-entrepreneurs to finance their working capital requirements (except cash), or purchase of assets, including various commodities, livestock, bikes, solar panels and batteries, three wheeler loader or rickshaw, etc. for expansion of their business.
Salient Features:
- Financing facility up to PKR 600,000/-
- Financing tenure from 1 to 36 months
- Free credit Family Takaful facility in case of death or permanent disability
- Financing facility against individual guarantee
- Lump sum and easy monthly installments financing repayment option
Required Documents:
- Copy of CNIC of applicant and guarantor
- 1 passport-sized picture of applicant and guarantor
- Copy of utility bills of applicant and guarantor
- Utility bill of residence (in case of salaried guarantor)
