A loan product which has designed to fulfil the financial needs of the salaried persons to manage their financial activities like, education of children, Health issues, House repairs or for any other reason. Therefore, Thardeep Microfinance Foundation has started loan services to the private, Semi Government and Government employees to fulfil their needs. Therefore, in such circumstances, they can take a loan on easy terms and conditions which are given below,

Education Loan covers:

• For payment of school fees and related expenses
• Established private schools Renovation
• Purchasing of School assets

Loan Eligibility

• Age between 18 to 65 year
• Valid CNIC of borrower
• Valid CNIC of Guarantor
• Must be a permanent resident of same place from last 2 years
  Social/Tangible Guarantee as per policy

Lending Methodology

• Individual

Loan Amount

• Minimum Loan Amount: 50,000
• Maximum Loan Amount: 5,00,000.

Loan Duration

• Minimum: 12 months
• Maximum: 36 Months

Repayment Frequency

• Equal monthly based installments

Collateral/Tangible Guarantee

• Up to Loan amount of Rs. 100,000
• Requirement of Guarantor
• Non-Family Member
• Bank cheques and statement as per loan policy and procedure
• Guarantor must be a Government employee or Market shop keeper

Disbursement and Recovery

• Bio metric disbursement in 1 to 3 days after the appraisal
• Easy repayment through ADCS channel and Mobile account

Insurance

• Client Life covered as per loan Amount