Financing secured against cash / near cash collateral allowed to individuals for meeting their personal, family, and household needs.
Eligibility
- 21 years and above.
- Resident Pakistani national.
- Salaried, self-employed, retired individuals and house-wives.
Financing
- PKR 0.050M – PKR 20.000M.
Collateral
- MCB Bank Term Deposits, Special Term Deposits.
- MCB Bank Foreign Currency Deposits / Accounts.
- Dynamic Cash Fund / Cash Management Optimizer Fund / Pakistan Cash Management Fund / Metrobank – Pakistan Sovereign Fund / MCB Islamic Fund / Pakistan Income Enhancement Fund / Pakistan Income Fund.
- Defense Saving Certificates (DSCs), Special Savings Certificates (SSCs), Regular Income Certificates (RICs) and government securities.
- Other Bank’s securities (subject to approval of MCB Bank).
Availability
Facility available at more than 200 branches spread all over Pakistan.