To support women entrepreneurs, Askari Bank is offering a financing program "Askari Sahar Finance (ASF)" for women-owned small and medium enterprises. The Product Program has been developed in line with SBP’s Refinance and Credit Guarantee Scheme for Women Entrepreneurs. Under this program, women-owned businesses can access loans up to 5 million Pakistani Rupees, with a maximum repayment period of 5 years. The financing offers an attractive markup rate of 5% per annum. For new businesses, the borrower is required to contribute 20% equity, while no equity is required for existing businesses.
Loan Amount: Up to PKR. 5 million
Loan Duration: Maximum of 5 years
Application Process: Standard processing and loan disbursal procedure to ensure quick disposal of loan requests
Interest Rate: 5% per annum
Debt/Equity Requirement: In case of new business, the borrower has to contribute 20% equity. In case of existing business, no equity is required.
To view the flyer of Askari Sahar Finance, please click here
To view the instruction manual of the Askari Sahar Finance online application form, please click here
The following documents are generally required:
Application form duly filled in all respects.
Copy of valid CNIC
You can apply by visiting our Branches or by calling our 24 hrs Voice & Virtual Center at 111-000-787. Our dedicated staff will help you complete your loan application form and other formalities.
You can also submit your details here, our staff will contact you.
