NIC Sajilo Karza (NSKza) is a simple overdraft facility developed to cater to the personal financing needs of salaried individuals, self-employed, professionals and owners of small family businesses. It is structured as a simple easy-to-use and easy-to-understand overdraft facility, which provides full flexibility for withdrawal of funds and repayment at the borrower's convenience without the need for any further bureaucratic process once the limit is set up. The major attractions of the products are very simplified loan approval process, borrower-determined usage and savings on interest cost.

Features:

Amount Rs. 0.5million to Rs. 15million Tenure 1 year (renewable) Loan fee 2% Interest payment monthly

Interest Rates: 1.25% p.m. to 1.50% p.m.