FAQs
UBL Rice Husking Loan

FAQs

What is Rice Husking Loan?

It’s a seasonal loan which gives you access to meet your business growth with a one window solution.

Who can apply for loan?

Small & Medium size business entities (SME) including Proprietorship, Partnership, Private Limited Companies can apply for the loan.

What is the maximum amount I can borrow?

It depends on capacity and utilization however max limit is PKR 25 Million & 200 Million for SE & ME clients respectively subject to SBP PR requirement.

What are the financing facilities available?

Following facilities are available to address your business needs

Running Finance – Pledge
Running Financing – Hypo

What type of property is required against main facility?

The facility is available against Rice Husking Mill as property.

Can I avail multiple loans?

Yes, you can apply for multiple loans.

Can I Early Settle my Loan?

There is no restriction on settling loans prior to loan maturity date. Principal and mark-up will be recovered accordingly; markup will be recovered based on days utilized.

What would be the Mode of Repayment?

Mode of Repayment includes Account Debit Authority / Cashier Cheque / Cheque / Cash / Online Transfer, etc.

Is there any penalty?

No Penalties for early settlement however late payment may attract higher spread.

How can I get loan?

We will forward your request to our relationship management team who will get in touch with you to discuss your requirements.