Ab Karobar Aur Bijli Dono Par Mera Ikhtiar FWBL Kay Saath
PURPOSE
To meet the challenge of electricity shortages and high electricity costs by installing a new renewable energy solar panel system at one’s business premises.
NATURE OF LOAN
Term Finance
FINANCING LIMIT
Minimum: Rs. 500,000/- to Maximum: Rs. 125,000,000/-
TENOR
Maximum Ten Years
MODE OF REPAYMENT
Equal Monthly /Quarterly installments
COLLATERAL
-
Up to Rs. 2 Million
Hypothecation of Solar System (panels etc.)
Personal guarantee of Government employee in Grade 17 or above. - Finance above Rs. 2 Million up to Rs. 125 MillionLien / Pledge over Cash/Prize Bonds/ Saving Certificates
-
Electricity Generation Range
Generation of electricity ranging from 4 KW to 1000 KW (or 0.004 MW to 1 MW) for business consumption and / or for supply to the distribution companies as per rules set by NEPRA (National Electric Power Regulatory Authority).
PRICING
Females: 5% per annum flat
Transgender: 5% per annum flat
Males: 6% per annum flat
BASIC DOCUMENTATION
- Limit Application Form
- Valid CNIC Copy
- Financials/ Projections/Feasibility Report
- Security details
- Business Profile
- Bank statement
- Particulars of equipment to be purchased
AUTHORIZED BRANCHES
All FWBL Branches.
ELIGIBILITY
- Business professionals willing to install solar system for generation of electricity at their business premises.
AGE CRITERIA
- 22 years – 46 years (Only applicable in case of loans up to Rs. 2 Million to individuals against personal guarantee).
Your monthly
installments will be just
installments will be just
PKR
500000
Pricing (%)
