Bank of Punjab Loan Scheme 2022 | BOP Personal Loan Apply online . Salient Features
- Tenure of loan from 1 to 5 years
- Fixed mark up for complete tenure
- Easy monthly installments
- Financing Limits from (50,000) to (1,000,000)
- No pre-payment penalty
- Avail loan with minimum documentation
- Life assurance is also provided
Basic required Documents
- Copy of valid computerized national identity card (CNIC)
- Latest salary slip
Eligibility Criteria
- Age limit 19 years to 59 years
- Minimum Gross Salary 17,500 monthly
| Ehsaas Kafalat Program Online Registration 2022 for Rs. 25000 | Click here |
| 786 Check Online Payment Shahbaz Sharif Ehsaas Program 25000 | Click here |
| 8171 Program Online Payment Check | Click here |
| BISP Ehsaas Program 20000 Online Check 2022 New | Click here |
| Enter the CNIC and Check the Payment of 786 and 8171 Program | Click here |
| Ehsaas Program 25000 Online Registration 2022 Whattapp No. | Click here |
| Ehsaas Rashan Program Registration 2022 Online Check Status | Click here |
ONLINE REGISTRATION AT RASHAN.PASS.GOV.PK
احساس راشن پورٹل راشن دینے والوں اور وصول کنندگان کو جوڑنے کا ایک نظام ہے۔ اس کا قیام پرائیویٹ سیکٹر اور سول سوسائٹی کی تنظیموں کو اس قابل بنانے کے لیے کیا گیا تھا کہ وہ COVID-19 کے بحران کے جواب میں فوڈ راشن پیکجز یا نقد رقم کے مساوی سامان فراہم کرکے سب سے زیادہ کمزور اور مستحق آبادی تک پہنچ سکیں۔
Bank of Punjab Loan Scheme 2022 | BOP Personal Loan Apply online
Frequently Asked Questions (FAQs)?
Q: Which department’s employees are eligible candidates for the loan facility?
A: Government /semi government/ federal / provincial department employees who have their salary A/C in The Bank of Punjab.
Q: How much monthly salary is required to avail loan?
A: Gross salary should be minimum Seventeen thousand and five hundred (17,500) rupees
Q: Minimum job experience required for loan?
A: No minimum job experience.
Q: Is there any age limit for the applicant?
A: Yes, the applicant should be in between 19 years to 59 years.
Q: What is the minimum and maximum amount for which an applicant can apply?
A: The given amount of loan is dependent upon the monthly salary of the applicant and any other loan already taken from any bank. An applicant can avail loan up to his 25 net salaries amount. Which can be minimum fifty thousand (50,000/-) and maximum 1 Million (1,000,000/-).
Q: For which purpose the loan can be used?
A: The loan amount can be used for personal needs. So with this amount no investment in any IPO can be done.
Bank of Punjab Loan Scheme 2022 | BOP Personal Loan Apply online
Q: What is the minimum and maximum time period of loan?
A: Tenure for loan is between 1 year to 5 years.
Q: What documents are required for availing the loan?
- Copy of valid National identity card
- Latest salary slip
- Confirmation letter from the department (if required)
Q: Are there any expenses to process loan application? And what other expenses can be possible?
A: Rs. 2500/- will be charged loan processing charges which will be non-refundable. For further details of charges are available on the website of BOP.
Q: How much time will be required for loan processing?
A: After completion of documentation within seven days amount of loan will be transferred in your salary A/C.
Bank of Punjab Loan Scheme 2022 | BOP Personal Loan Apply online
Q: Will mark-up rate is fixed or variable?
A: Mark-up rate will be fixed for whole tenure.
Q: Will there be any penalty on advance or partial payment?
A: No, there will not be any penalty on advance or partial payment.
Q: What is the method to return loan?
A: The payment of loan would be done on monthly basis. For which the applicant has to keep an instalment amount in his bank account from which that amount would be deducted on the mentioned date.
Q: When the monthly installment will be deducted from the salary account?
A: Monthly installment will be deducted on every 5th of the month from the salary account.
Q: In case of any queries related to loan, whom should the customer contact?
A: For any queries related to loan contact on given telephone number. 042-35817659, 35817646. The customer can also approach the bank officials personally (CFC) whose details are mention on the bank page.
Q: Can the customer transfer their salary account from BOP to any other Bank?
A: No, the salary account cannot be transferr till the closure of loan.
Bank of Punjab Loan Scheme 2022 | BOP Personal Loan Apply online
Q: Is there life assurance facility available for customer?
A: Yes, till the return of loan this facility is available. In case of death the rest of amount will be cover by the insurance company.
Q: Can the application for the loan be cancel?
A: Yes, Bank reserves the right to accept or reject the loan.
Q: I have taken salary loan from another bank. Can I transfer my salary account to Bank of Punjab and avail loan against my salary?
A: Yes, you can transfer your salary account to BOP, according to the policy of advanced salary loan.
Q: Will there be any penalty or delayed payment?
A: If there is a delay in payment of monthly installments after 5th of the month, one rupee per thousand per day will be fined along with the payable due. For more jobs to visit the Website: Latestjobsinpakistan.net
