Allied Aitebar PM Youth Business & Agriculture Finance Scheme (PMYB & AFS)

• Subsidized Rates
  Enjoy reduced profit rates for accessible and affordable financing.

• Types of Financing Available

  • Term Finance

  • Working Capital Finance

  • Leasing (Ijarah) for locally manufactured (new or used) vehicles intended for commercial use

• Financing Tiers

  Tier	Finance Amount (PKR Million)	Customer Pricing (% p.a.)
  Tier II	0.5 to 1.5	5%
  Tier III	1.5 to 7.5	7%

• Eligibility Criteria

  • a. Age:

    • Minimum: 21 years

    • Maximum: 45 years

    • For IT/E-Commerce businesses: Minimum age is 18 years

  • b. Business Type:
    Applicable for agriculture businesses and SMEs (startups or existing businesses)

• Tenor

  • Up to 8 years for long-term/development finance (with max 1-year grace period)

  • Up to 5 years for working capital/production finance and Murabaha under Tiers II & III

• Repayment Frequency
  Equal monthly or quarterly installments

• Equity Contribution

  Category	T II	T III
  New Business	90:10	80:20
  Existing Business	Nil for all tiers	—

• Quick Processing
  Loan processing within 45 days

• Branch Availability
  Facility available at all ABL Islamic Banking branches

• Processing Fee
  Only PKR 100/-

General Requirements:

• Financing Application Form (English and Urdu)

• Two recent passport-size photographs

• Valid CNIC/SNIC + NADRA Verisys or biometric verification as per SBP AML/KYC/CFT guidelines

• Feasibility Report Assessment Sheet (where applicable)

• Business financials as per the bank’s credit policy

• Clean e-CIB (no current overdue/write-off history)

• Relevant SBP PR-compliant undertakings

• Property valuation / collateral documentation (if applicable)

• Undertaking: single-bank facility only, not a guarantor for others

• Declaration of non-relation to ABL employees

• Clean SME exposure declaration

• Two references with CNICs

Additional (Where Required):

• Educational / Technical diplomas or experience certificates

• Valid driving license (self or authorized driver)

• Business operation license

• NTN & latest tax return

• Proof of other income sources

• Legal status documents (for partnerships/companies)

• Letter from Chamber / Trade Union / Association

• Utility bill copies

• Bank account statements (minimum 3 months)

Additional Documents for Agriculture Sector (If Applicable)

• Three passport-size photographs

• Farm / site visit report

• List of successors / legal heirs

• Seizure / hold undertaking in case of default

• Veterinary arrangement proof vetted by ACO / BM

• Vaccination certificate

• Legal opinion

• Any other required documentation