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Personal Loan

Personal Loan is there to make your dreams come true by giving you the cash you need for your personal use.

Personal Loan Smart Plan

Silkbank Personal Loan Smart Plan helps you fulfil your needs with flexibility and convenience with payment tenures of up to 5 years.

Readyline

Silkbank Ready Line is an evergreen running finance facility which provides you speedy access to credit line with complete peace of mind and utmost convenience.

M’Power

Silkbank`s M’Power is a running finance facility which is structured to helps you to leverage every business opportunity that comes your way

SME Cash Ease

A liquidity solution for SME level businesses to maintain a profitable working relationship with their client companies.

SME Relationship

Silkbank’s SME Banking Group offers banking facilities for individuals and companies which are categorized by the State Bank as SMEs.

SME Agri

SME-Agri is specifically designed for agri-based customers as it accommodates cash flow and enables them to meet their requirements.

Emaan Islamic Banking

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FAQs

Q How can I apply for Silkbank Credit Card?

A You can call on our helpline at 021-111-100-777 or visit any Silkbank Branch in Karachi, Lahore and Islamabad and our team will guide you through the application process and all the relevant requirements. You may also apply online via the Silkbank website https://www.silkbank.com.pk

Q What type of facility is M’Power?

A M’Power is a Running Finance / Working Capital credit line facility against real estate extended to meet your day to day business requirements.

Q Who is eligible to avail this facility?

A It is governed by SBP Prudential Regulations for SME and hence all Small & Medium Enterprises and all Business Persons and Self Employed Individuals e.g., doctors, engineers and architects etc satisfying the definition of SME as per State Bank’s PR are eligible. All Small & Medium Enterprises, Business and Self Employed Individuals applying for the facility should be Pakistani Residents.

Q What is the tenure of facility granted under M’Power?

A The credit line is extended for 1 year and subsequently renewed on yearly basis subject to your re payment history and bank’s internal policies and guidelines.

Q Is the credit facility provided for a specific purpose?

A Yes, the Facility is provided specifically for meeting the running finance / working capital requirements of well-established business person who have valuable real estate to offer as a security acceptable to The Bank.

Q Is this a secured credit line?

A Yes, your credit line will be secured by mortgage of built up residential and/or commercial property & land as per bank’s approved area.

Q How many properties can be mortgaged as collaterals to avail the facility?

A A maximum of 3 properties can be mortgaged as collaterals to avail the facility.

Q What should be the occupancy status of collaterals?

A Residential, commercial buildings and lands should be owner occupied. However, rented, vacant and partially rented properties are also acceptable as collateral depending upon the bank’s policies

Q Is insurance mandatory?

A Yes, property insurance is mandatory unless the loan amount is fully covered by appraised land value.

Q How do I pay my insurance premium?

A Your insurance premium for the year will be deducted upfront from your credit line in advance.

Q What are the insurance rates?

A The insurance company on The Bank’s panel is charging 0.07% and 0.09% respectively against residential and commercial properties*. The rates will be levied against the approved loan amount and not on the appraised property value. These rates are quoted by External Insurance Company and are subject to change without any prior notice. *These rates are quoted by Insurance Company and are subject to change

Q What is the maximum loan amount that I can avail?

A You can avail a maximum of PKR 30 million.