Safco

SAFCO INTEREST RATE AND LOAN REPAYMENT

SAFCO Microfinance allows you to show interest for a loan from PKR 50,000 to PKR 2,000,000 with no collateral. You can repay the loan in 3 months to 24 months. The maximum annual percentage rate (APR) at 40%. There are no additional fees charged.

Minimum Repayment Period= 3 Months

Maximum Repayment Period= 24 Months

Maximum Annual Percentage Rate= 40%

Collateral = No Collateral


REPRESENTATIVE EXAMPLE:

Loan Amount: PKR 200,000

Loan Tenure: 24 Months

Number of Repayments: 24

Monthly repayments: PKR 12,237.54

Total amount payable: PKR 293,701.13

Total Interest Paid: 93,701.13

APR: 40%.


NOTE: This Application Only helps you show your expression of interest.

Declaimers: We are not asking the to applicant pay advance money for the loan. Please be aware of such kinds of fraud.

Applicability of Terms:

These Terms form the contract between the Client and SSF for E-Credit Application. By registering for the E-Credit Application for the first time, the Client acknowledges and accepts these Terms. These terms and
conditions are in addition to those which are agreed by the Client along with the Loan Application form.

Safco Support Foundation (SSF) is a Non-Banking Finance Company (NBFC) licensed to carry out Investment Finance Services as NBFC by SEC-Pakistan under NBFC rules & regulations. SSF is currently serving in the Sindh Province of Pakistan to provide credit support to underprivileged communities. The Safco E-Credit application will serve as a pivotal tool for our clients to apply for loans and make payments.

The E-Credit Application can only be used by a registered device that has WIFI or GPRS service enabled.

The application will ask clients to share their location if they would like to have location-based features
enabled.