BOP Kamyab Karobar
PRODUCT ATTRIBUTES
The main attributes of the BOP Kamyab Karobar are as follows:
Single product offering RF, LC and LG up to a limit of PKR 15 million
Mortgaged –backed product accepting Residential, Commercial, Industrial and Agricultural
properties as collateral
No stock insurance required
No stock hypothecation required
Quick renewal of loan
ELIGIBILITY CRITERIA
Existing BOP customers and prospective NTB Borrowers meeting the following acceptance criteria shall be financed under “BOP Kamyab Karobar”:-
3 years’ experience in the current line of business
Borrower must be a resident Pakistani. Borrower and Mortgagor(s) must be aged between 25 and 60 years at the time of financing
Borrower must be maintaining a bank account with any bank for at least 1 year and turnover must be at least 1 time of the limit assigned
Borrower and Mortgagor must not have any overdue / past-due liability from any bank in Pakistan
Borrower must possess and offer adequate collateral to secure the loan as per the bank’s criteria