Salary Loans

Thardeep Microfinance Foundation has introduced a loan product specifically designed to meet the financial needs of salaried individuals. Whether it’s for children’s education, healthcare expenses, home repairs, or any other personal reasons, this loan is aimed at helping private, semi-government, and government employees manage their financial responsibilities.

Employees in these sectors can now access loans under easy terms and conditions, as outlined 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 and 58 years
  • Valid CNIC of borrower
  • Valid CNIC of Guarantor
  • Must be a permanent resident of the same place for the last two years
    Social/Tangible Guarantee as per policy

Lending Methodology

  • Individual

Loan Amount

  • Minimum Loan Amount: 50,000
  • Maximum Loan Amount: 250,000.
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Loan Duration

  • Maximum: 12 months

Repayment Frequency

  • Equal monthly instalments

Collateral/Tangible Guarantee

  • Up to Loan amount of Rs. 50,000
  • Requirement of Guarantor
  • Non-Family Member
  • Bank cheques and statements as per loan policy and procedure
  • The guarantor must be a government employee or Market shopkeeper
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Disbursement and Recovery

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

Insurance

  • Client Life covered as per loan Amount
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