U Microfinance bank limited offers individual loan facility for micro entrepreneur, agriculture/livestock businesses/ business venture to meet their business working capital needs, purchase of assets to enhance their business and income against collateral of gold bullion, gold ornaments, gold biscuits, jewelry etc. Loan can be extended for establishment of new enterprise and caters needs of salaried individuals, retired persons and housewives for emergency needs. Loan can be extended for house renovation.
Basic Features:
- Loan facility up to PKR 1,000,000
- No guarantor requirement
- Immediate loan facility
- Loan tenure up to 2 years
- Loan repayment in monthly installments or lump sum payment
- Minimum documentation required
- Embedded credit life insurance
Required Documents:
- Computerized original CNIC
- 1 passport size picture
- Copy of Utility bills
