Speed Finance
Features
- Financing facilities i.e. Running Finance, Term Finance, Letter of Credit, Delivery of Documents against Acceptance and Letter of Guarantee are being offered under this product.
- Facility is primarily secured against liquid security i.e. Deposits with Soneri Bank (Local/Foreign Currency Term Deposits, Cash Margin, Lien on Account), Govt. Securities (DSC/SSC/RIC).
- Market competitive pricing will be offered.
- Maximum financing limit of Rs. 250 Million to any single borrower.
- Borrower should meet the requirements of Bank’s policy and SBP’s Prudential Regulations/policies/instructions.