Consumer Finance
BOK Roshan Ghar Scheme
Switch to the benefits of solar energy with BOK Roshan Ghar Home Solar Energy System.
- Purchase of Solar Energy system through bank’s approved vendors
- Facility amount:
- Category A (Clean Finance): UP to PKR 500,000/-
- Category B (Secured Finance): Exceeding PKR 500,000/-
- Debt: Equity ratio:
- Category A: 75 : 25 (based on approved vendor’s sale invoice)
- Category B: 85 : 15 (based on approved vendor’s sale invoice)
- Financing period from 6 months to 7 years.
- Payment shall be paid directly to vendor as per invoice terms & conditions
- Borrower’s life insurance from Bank’s approved insurance company.
- SBP Refinance of Renewable Energy at fixed markup rate of 6% (subject to allocation of limit from SBP)
Securities
- Category A (Clean Finance): Personal Guarantee of BOK customer maintaining average balance more than proposed loan amount OR Govt. employee of grade 16 /above.
- Category B (Secured Finance): Any other tangible security approved by the Bank.
- Permanent Employee of Govt. /semi Govt. with minimum service history of 01 year.
- Businessmen / self-employed persons with business history of 3 years
- Minimum age 22 years, it shall not be more than 60 years at the time of maturity of finance facility for salaried person and 65 years for businessman.
- Average monthly verifiable income should be 3 times of the proposed monthly installment; with minimum monthly income of PKR 25,000/-.
- Securities:
- Category A (Clean Finance): Personal Guarantee of BOK customer maintaining average balance more than proposed loan amount OR Govt. employee of grade 16 /above.
- Category B (Secured Finance): Any other tangible security approved by the Bank.