NRSP Rozgar Murabaha Gold Product
A current account with no minimum balance requirement operating under the Qarz –e– Hasna basis
Underlying Islamic mode | Murabaha |
Acceptable currency | PKR |
Type of product (Corporate, SME, Agriculture, Consumer, Commodity Finance, etc.) | Commodity finance & Consumer |
Minimum and Maximum financing limit | Minimum limit PKR 150,001/- Maximum 2,000,000/- |
Tenure (minimum and maximum) | Minimum 3 months Maximum 60 months |
Basis of pricing/return | As per SOC |
Target Customers | SME, Agriculture & Consumer |
Security/collateral Required | Gold Ornaments |
Other salient features/services | For the purchase of Agri. Input, Agri. Equipment, Working Capital, Livestock, Household, Domestic , renovation material and vehicle etc. |
Launch date of the product | With the approval of SBP |