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NRSP Rozgar Murabaha Solar 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.) (Green Energy) Business, Agriculture, and consumer
Minimum and Maximum financing limit Minimum limit PKR 500,001/- Maximum 1,500,000/-
Tenure (minimum and maximum) Minimum 3 months Maximum 60 months
Basis of pricing/return As per SOC
Target Customers Commercial, Agriculture & Domestic (Household)
Target Customerst PLS Account holders
Security/collateral Required Passbook, Mutation, Property mortgage, undated Cheques, Salary Transfer
Other salient features/services For the purchase of Solar Plates, Turbines, Tub-well, Electrical Solar equipment, and Grid systems for energy needs.
Launch date of the product With the approval of SBP