New Products of FWBL Financial Services Desk
Facilitating professional women access to financial services by providing support through Financial Services Desk on credit management, Legal Advise, Taxation and Marketing. FWBL Financial Services Desk (FSD) offers a wide range of banking and related services, specially tailored to meet the individual financing needs of Businesswomen'.
Facilitating professional women access to financial services by providing support through Financial Services Desk on credit management, Legal Advise, Taxation and Marketing. FWBL Financial Services Desk (FSD) offers a wide range of banking and related services, specially tailored to meet the individual financing needs of Businesswomen'.
First Home First Women Bank Ltd now offers home loans under the brand "First Home" in Pakistan. These loans would be available at a very low mark-up of 9% p.a. Women can get a loan worth Rs 7.5 million from First Women Bank Ltd.
The provision of these loans would be for buying a house/apartment, or build a house, book an apartment, or even to improve/extend an existing (self-owned) house/ apartment.
The Home Loan scheme "First Home" is aimed at to encouraging and assisting women, specifically working women, to "Own a House". These loans would be offered to all classes of working women i.e. salaried, self-employed (proprietor), professional, business (active participant/shareholder in a business).
Another great advantage that only FWBL offers is that these Home Loans can be availed singly or jointly i.e. with spouse or a male earning member of the family.
First Car The scheme "First Car" is designed to assist women from all walks of life to conveniently avail car loan facility from the bank on low mark-up rates. The scheme is specifically designed for working women who often face problems in commuting to their workplace. They can buy either a new car, or a second hand car at lower mark-up rates. Women can get car loans worth Rs 350,000 to Rs 1.0 million for buying new cars and Rs 150,000 to Rs 500,000 for buying second hand/used cars.
FWBL's 'First Car' offers competitive financing rates, low down payment, flexible repayment option, quick processing and insurance coverage from reputable companies.
Business loans for women FWBL extend loans to businesswomen for establishment of new business/development of existing business, and/or for purchase of raw material or plant & machinery.
Women can get loan ranging from Rs100,000 to Rs 500,000 at 8% mark-up rate. The Financial Services Desk of the bank will assist and help the applicants of the loan on financial, legal, taxation, marketing and management issues.
Education Loans for Women Often women are deprived of their right to pursue higher education mainly because of the financial constraints many families face. The society also does not realise that a well-educated and enlightened women will rear an equally enlightened next generation.
First Women Bank Ltd offers Education loans at a nominal mark-up rate of 8% per annum. However, the student who conforms to the merit criteria of the bank shall be given a loan @7% p.a.
First choice First Women Bank Ltd proudly presents loans for buying lifestyle items through 'First Choice' scheme. Through this scheme, women can buy TV, refrigerators, washing machines, kitchen appliances, sewing machines and other home and kitchen accessories and luxury items with the convenience of paying on a monthly installment basis.
The mark-up rate that 'First Choice' would be offering will be 0%, with 0% down payment i.e. you buy an item at showroom price with a convenience of paying back to the bank in 12 months to 3 years.
This scheme will facilitate women to buy home and kitchen appliances instantly, who they otherwise can not afford to buy due to home budgetary constraints.
|