Karsaz Gold Loan

For all your emergency fund needs!

U Bank offers an immediate loan facility for micro-entrepreneurs, agriculture and livestock businesses, and business ventures. The Karsaz Gold Loan can be availed to meet their working capital needs and for the purchase of assets to enhance their business and income, against collateral of gold bullion, gold ornaments, gold biscuits, jewelry, etc. This loan facility can be utilized for the establishment of a new enterprise and caters to the needs of salaried individuals, retired persons, and housewives for their emergency needs. The Karsaz Gold Loan can also be availed for house renovation.

Salient Features

Loan Facility: PKR 50,000 to PKR 1,000,000

Loan Tenure: 3 to 24 months

Immediate Loan Facility

No Guarantor Requirement

Repayment in Easy Monthly Installments & Lump Sum

Minimum Documentation Required

Embedded Credit Life Insurance

Required Documents

Computerized original CNIC
Passport-sized photograph
A copy of utility bills
Terms & Conditions are applicable

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, salaried persons, pensioners, and housewives are eligible to apply

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

The age limit requirement is 18 – 68 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 the nearest U Bank branch
Submit the gold ornaments or bullion for collateral
Provide the required KYC documents
Sign the loan application form and submit

What are the documents required for this loan?

The following documents are required:

Sole Proprietors – Proof of Business

Businesses Individuals – Proof of Business

Salaried Individual – Three (03) recent salary slips or salary certificate, six (06) months’ bank statement

What kind of processing charges are there?

Loan Application Fee
Processing Fee
Gold Valuation Charges

What kind of collateral is required for this loan?

Custody of gold

For what purpose can I receive this loan?

For agriculture, business, home renovation, personal usage

Karsaz Gold Loan

How Much do you need ?

Rs 30,000 Rs 3,000,000

3 months 36 months

YOU ARE GETTING

Rs. 0

TERMS OF USE

Months

TOTAL INTEREST

Rs. 0

INSTALLMENT AMOUNT

Rs. 0

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Sunehra Sarmaya Loan

Make good use of your valuables!

U Bank offers the Sunehra Sarmaya Loan facility which allows customers to maximize the potential of their valuable assets, such as gold bullion, jewelry, etc. This loan facility can easily be utilized to gain access to funds aimed to meet business, agricultural, and livestock trade needs at affordable terms.

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.

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Karsaz Gold Loan

Salient Features

Required Documents

FAQs

Who can apply for this loan?

What is the eligibility criteria?

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

What is the procedure to apply for this loan?

What are the documents required for this loan?

What kind of processing charges are there?

What kind of collateral is required for this loan?

For what purpose can I receive this loan?

Karsaz Gold Loan

How Much do you need ?

YOU ARE GETTING

Rs. 0

TERMS OF USE

Months

TOTAL INTEREST

Rs. 0

INSTALLMENT AMOUNT

Rs. 0

FLAT RATE

0%

Sunehra Sarmaya Loan

Bringing Dreams to Life

From Salesman to Business Owner

U Bank Transforming Lives of Entrepreneurs

DEBIT CARD REQUEST

IBAN GENERATOR

REMITTANCE TRACKER

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