Salary Loan

Urdu Version

Easy loans for all your financial needs.

Salary Loan is a term finance loan based on amortization concept with fixed monthly installments/repayments. Salary Loan facility would enable customers to bridge their financial shortcomings for the purpose of going on vacations, arranging children’s wedding, paying for children’s education, and other general expenses.

Eligibility

Salaried Individuals (Maintaining Salary Account with FWBL)

Loan Amount

Up to 1 Million or 15 take home salaries whichever is less*(Employees of multinational companies & local Private sector)
Up to 2 Million or 20 take-home salaries whichever is less *(Govt. Employees/Employees of Armed Forces/local government bodies)

Loan Tenure

Minimum          1 Year
Maximum         5 years

Repayment

Equal monthly installments

Mark-up

19.5%*

Age

Minimum 21 years
Maximum 60 years (at maturity of facility)

Requirements

  • Permanent employees of government organizations, army, multinational companies, public limited companies and private limited companies maintaining a Salary Account with FWBL
  • Applicant must have a valid CNIC
  • Clean Credit History

Authorised Branches

All FWBL Branches

* Terms and Conditions apply

For more information, please contact your nearest Branch or Call 0331-3925111

FAQs

For FAQs please Click Here

News

Site last updated November 7, 2019 @ 6:28 am

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