Al-Mawakhat Peco Machine
Along with all the products mentioned above, we offer peco machines for homes, independent boutiques, and full-fledged industries at pocket-friendly rates.
Required Documents
- Application form
- Copy of a valid CNIC of Customers
- Copy of valid CNIC of two guarantors
- Application Processing fee Rs. 2,000/per applicant non refundable
- Posted Dated Cheque from Customer as Guarantee.
- Feasibility of the business
- Third party guarantee (optional)
- Latest Salary Slip or Business income Proof or Undertaking on Affidavit for Income Proof
- Relevant proof for skilled person (Optional)
- Last Three Month Bank Account Statement/Account Maintenance Certificate.
- Latest copy of utility bill (Electricity/Gas) for residence proof.
Eligibility Criteria
- Age: 20-60 years
- Financing: 20,000/- to 500,000/- Individuals
- Financing: 20,000/- to 1,500,000/- Enterprises
- Down Payment (D.P) of applicant: Minimum D.P 10% and Maximum D.P 40. % on Assets Value
- Tenure: 3 Months to 5 years.
- The maximum income for individuals or salaried persons is Rs. 100,000/-.Allowances such as telephone, traveling, and fuel allowances are not considered part of the salary.
- Micro-entrepreneurs, who are either self-employed or employee a few individuals not exceeding 10 (excluding seasonal labor), have a maximum annual income of 4 million.