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Microenterprise
Loan
Microenterprises are projects or businesses in the fields of trading, manufacturing, services and dairy farming that lead to livelihood improvement and income generation. These businesses are undertaken by micro-entrepreneurs who are either self-employed or employ few individuals.
Telenor Microfinance Bank strives to make the underprivileged sector prosperous by providing customer-centric financial services. To continue to this philosophy, Telenor Bank has designed Microenterprise Lending to economically uplift this sector.
1 ) Gold Backed Financing
a. Benefits and Features Bullet Loan
Borrower age limit from 18 years to maximum 65 years (at maturity)
Quick Turnaround Time
Financing Tenure available upto 12 months
Easy and convenient disbursal and repayment via Easypaisa Mobile wallet
Loan Amount up to Rs. 500,000
2) Unsecured Loans
Benefits and Features EMI Loan
Quick Turnaround Time
Borrower age limit from 25 years to maximum 65 years (at maturity)
Loan amount available up to Rs. 500,000
Equal monthly installment based loan
Financing tenure up to 36 months
Basic Documentation
- Digital Loan Application Form
- CNIC of Borrower
- CNIC of guarantor (if applicable) – only for Unsecured variant
- Valid Shroff Certificate (if applicable)
- Proof of Business existence/ownership
- Copy of utility bills to verify the business address.
* Terms and Conditions apply
