Eligibility – Escorts Investment Bank

The Bank that you can Bank on! ENG | URDU
PSX Symbol: ESBL

TOLL FREE : 0 8 0 0 - 0 3 4 2 5 UAN: (042) 1 1 1 - 0 0 3 - 4 2 5 Our Branches Contact Us

License No. NBFC/34/EIBL/2020-05 Dated: June 2, 2020

Broad Eligibility

Pakistani Nationals with Valid National Identity Card(CNIC/SNIC/NICOP)
Documented & verifiable Monthly Income sources
Acceptable credit history of existing consumer finance facility
Property use for domestic & household purpose
Installment affordability at our end
Financing Presently allowed on residential property located in Karachi, Lahore, Islamabad & Rawalpindi

Eligibility Criteria

Eligibility	Criteria
Age (at the time of login)	23 to 55 years (for salaried) 23 to 57 years (for SEB/SEP/Others)
Experience	Salaried (Local / Expat) Permanent: Currently employed with total employment experience of at least 02 years. Contractual: Currently employed with total employment experience of at least 02 years. Professionals / Business Persons Total Experience/Business tenure of at least 03 Years. Others Continuous verified income stream of 02 years.
Minimum Monthly Income	Salaried Local Rs. 120,000 (from all sources) Salaried Expat US $ 5,000 or SAR 25,000 Self-Employed Professionals / Self-Employed Business / Others Rs. 150,000 (from all sources)
Tenure	3-20 Years (Based on maturity age i.e 60 years)
Existing consumer credit facility	Not more than 50% of net income

Improve your Eligibility

Following aspects directly impact your financing eligibility and suggested improvements can improve & increase your eligibility

>Factors	>How to improve	>Impact
Monthly verifiable income quantum	Add Co-borrower	Repayment Capacity
Existing Consumer Facilities	Cancel unwanted facilities	Affordability
Existing facilities History	Settle existing issues	Credit worthiness
Property type / location	Consult Bank Rep	Mortgage ability /Acceptable security for Bank

Escorts Investment Bank's Business Plan is focused on Enhanced Profitability and Sustainable Growth through a broader range of Products & Services, Capacity Building in terms of Human Resource, Infrastructure, Systems Support and Risk Management Policies.

Escorts Investment Bank Limited, Ground Floor, 26 Davis Road, Lahore

TOLL FREE : 0800 - 03425

UAN : (042) 1 1 1 - 0 0 3 - 4 2 5

Customer Support for Investor Grievances

In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the "SECP"). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP's regulatory domain/competence shall not be entertained by the SECP.

secp_helpdesk

SECP

PSX