Acquire Low Interest and Islamic Loans from Microfinance Banks in Pakistan

Microfinance Banks (MFB)

 
Microfinance banking is ' banking for the poor'. The Microfinance Banks and Institutions operate under Microfinance Institutions Ordinance, 2001 in Pakistan. They provide financial services particularly to the underprivileged areas in city suburbs and villages and Goths. They provide both deposit and loan products including loans for purchasing motorbikes, generators, sewing machines, etc.; loans for emergency medical care, basic shelters, and social works such as disbursement for tube wells, schools and dispensary and medical care in villages. 


The procedure for receiving loans are simple and the cost of the funding of loans are lower and also some microfinance banks offer islamic mode of finance. For further detail visit the following home page of the respective Microfinance banks.

 
Banking facilities at Microfinance Banks:

 
Easy account opening at retail shops using mobile phones

Check book facility
    
Money transfer facility

Utilities and services bill payments

Following are the microfinance banks that are licensed to operate in Pakistan:

 
Khushali Bank,
http://www.khushhalibank.com.pk/


 
The First Microfinance Bank,
    http://www.akdn.org/


 
Tameer Microfinance Bank,
    http://www.tameerbank.com/


 
Pak Oman Microfinance Bank
    http://www.pomicro.com


 
Kashf Microfinance Bank
    http://www.kmfbank.com/

Rozgar Microfinance Bank
http://www.microfinanceconnect.info


 
Network Microfinance Bank.
http://www.networkmicrobank.com/aboutus.htm