MUZAFFARABAD (WEB DESK)
Bank of Azad Jammu and Kashmir provides more than 145.90 million rupees loans to the customers under the special loan scheme “Personal Loan”.
Khawar Saeed, President and Chief Executive Officer of the Bank, said in a business review meeting that Bank of Azad Jammu and Kashmir has the lowest mark-up rate in the market and provides customers with household services like children’s education, marriage, home renovation on the most convenient terms and provides loan facilities for personal needs. Any citizen of Pakistan/Azad Kashmir can avail loans against Government Securities, bank’s own deposits or deposits of other banks under the personal loan scheme. The tenure of this loan is up to three years and monthly, quarterly repayment facility is provided. The needy are benefiting from loans under the fastest processing. According to the bank spokesperson, the social and economic development of the region is being accelerated by prompt payment and the easy access of consumers to credit schemes like advance salary loan, tourism development, housing finance, gold loan, car financing, motorcycle loan, home appliances, SME, micro, commercial, health care etc. Under the supervision and leadership of President/CEO Khawar Saeed, the bank is achieving its goals with the hard and team work of the staff and customer support.