Find the Right
Bank Financing
for Your Business

• Application Form for SE/ME
• Copy of CNIC
• Copies of firm/company registration documents
• Annual / Semi annual Financials (Audited in house as per SBP Requirement)
• Electricity bill as evidence of Rice mill being functional.
• Copy of security documents for legal opinion etc.
• Legal opinion and evaluation report by bank's approved lawyer / evaluators respectively.
• Bank Statement.
• An undertaking to be obtained from Borrower that the Mill Operations were not run on Commissioning basis (fully or partially) during last six months and in future till the adjustment of loan
• An undertaking to be obtained from borrower that the subject financing will be used only for intended purpose.
• Any other document required by Askari bank

• Pledge of Commodity (Wheat)
• Cash Collateral (Lien over account, AKBL TDR and AKBL Certificate)
• Mortgage of Property
• Hypothecation of Mill Receivables
• Personal Guarantees of Borrower/Partners/Directors of the Company.
• Any other eligible security collateral as per Askari Bank Policy.

• Loan Application Form for SE/ME.
• Photocopy of the Computerized National Identity Card of Borrowers / Partners / Directors.
• In case of new business, detailed feasibility report along with professional educational certificate needs to be provided.
• In case of existing business, latest financials (preferably last 03 years).
• Projected Cash Flows matching with tenor of facility for existing business.
• Income estimation report for new business and SE business.
• Bank Statement.
• In case of Sole Proprietorship (Additionally): Copy of NTN Certificate.
• In case of Partnership (Additionally):
• Copy of Partnership Deed / Register Partnership Deed
• Partnership Mandate for authorized signature or any other directions.
• In case of Private limited company / Limited company (Additionally):
• Certificate of incorporation
• Memorandum and Articles of Association
• Latest Financial Statements / In house financials (Last 3 Years)
• Form 29
• Form A
• Board Resolution to avail financing and authorizing person(s) for signatures on bank documents.

Other Documents:

• Initial Legal Opinion
• Fresh Evaluation Report / BOQ

Property Documents required:

• Copy of title document (Sale deed / Allotment Letter)
• Copy of approved Building Plan
• Copy of Agreement between Seller & Buyer (In case of purchase of property)
• Completion Certificate (in case of AIF-1, AIF-3 & AIF-4).
• Possession Certificate.
• Electricity / Gas meter should be commercial nature installed on commercial / Business / Industrial Premises
• Evidence of property being "Commercial / Industrial nature" to be confirmed from any of the following sources:
• Title document and Evaluation Report. Other than these any other documents may required by Askari bank

• Effective Mortgage (Equitable / or token registered) to be created on same urban Commercial / Industrial property which has been financed.
• 03 post dated cheques of the full loan amount plus markup
• Personal Guarantees from borrowers, all partners and directors of the companies along with "Personal Net worth Statement".
• Fard based property to be registered equivalent to the full loan amount.
• Any other eligible security collateral as per Askari Bank Policy.

• Application Form for SE/ME
• Copy of CNIC
• Copies of firm/company registration documents
• Annual / Semi annual Financials (Audited in house as per SBP Requirement)
• Electricity bill as evidence of Rice mill being functional.
• Copy of security documents for legal opinion etc.
• Legal opinion and evaluation report by bank's approved lawyer / evaluators respectively.
• Bank Statement.
• An undertaking to be obtained from Borrower that the Mill Operations were not run on Commissioning basis (fully or partially) during last six months and in future till the adjustment of loan
• An undertaking to be obtained from borrower that the subject financing will be used only for intended purpose.
• Any other document required by Askari bank

• Pledge of Commodity (Paddy/Rice)
• Cash Collateral (Lien over account, AKBL TDR and AKBL Certificate)
• Mortgage of Property
• Hypothecation of Mill Receivables
• Personal Guarantees of Borrower/Partners/Directors of the Company.
• Any other eligible security collateral as per Askari Bank Policy.

• Loan Application Form (SE./ME)
• Copy of CNIC
• Two Recent Passport Size Photographs
• Copies of Educational Certificates (if any)
• Vocational Training Certificate / experience certificate (if any)
• Copy(ies) of Guarantors' CNIC (for Un-secured financing)
• Copies of security / collateral documents (for secured lending)
• Evidence of collateral (copy of property / vehicles documents) to be provided.
• Company's existence evidence as per company's legal structure
• In case of collateral backed loans, all documents as per bank policy would be required.
• Any other document(s) required by Askari Bank

• For un-secured upto Rs. 0.70M
• Personal Guarantee of Borrower supported by Net Worth Statement
• Third Party Guarantee supported by net worth statement.
• Upto Rs. 0.50M One Guarantor, Govt employee (14 grade or above).
• Upto Rs. 0.700M One Guarantor, Govt Employees (17 grade or above)
• For Secured upto Rs. 5.0M
• Residential / commercial / industrial property.
• Vehicle in the name of borrower or parents or spouse.
• Agriculture land not eligible.
• Fard based property to be accepted with registered mortgage.
• Cash Collateral
• Vehicle
• Any other eligible security collateral as per Askari Bank Policy.

• Complete loan application form with customer/applicants signatures. (SE/ME)
• Copy of property documents verifying Title/Ownership in name of Applicant / co-borrower or NOC from other owners, in case property is not owned by borrower or jointly owned.
• Vendor's Survey Report from Bank's approved vendor
• Copy of valid CNIC /NICOP of applicant(s) and / or co-borrower or sponsor, partners, directors.
• Attested quotation of the Solar System from bank's approved Energy Partner.
• Re-possession clauses to be incorporated in Finance Agreement with customer, authorizing bank for taking possession of solar equipment financed in case of default.
• Direct Debit Authority
• Customer indemnity that he would indemnify the bank in case of any loss to the equipment by him
• Any other document required by Askari Bank

• Hypothecation of solar equipment with buy back agreement between AKBL and Supplier(approved vendor).
• Mortgage of Residential / commercial / industrial property (Fard Based property to be accepted with full registered mortgage)
• Liquid securities i.e. cash / lien on deposit, saving certificates, investment bonds.
• HPA on vehicle(s) owned by applicant / spouse or parents (not more than 05 years old).
• Personal Guarantees of Borrower(s) and property owner supported by PNWS.
• Any other eligible security collateral as per Askari Bank Policy.