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Fixed Cash Line-i (Overdraft)
   

Bai’ Bithaman Ajil or Deferred Payment Sale refers to the sale of goods on a deferred payment basis at a price that includes a profit margin agreed upon by both buyer and seller.

Fixed Cash Line Facility-I Scope:

  • For working capital requirements
  • For personal consumption
  • For purchase of assets

Fixed Cash Line Facility-I offers:

  • Fixed financing cost throughout tenure of financing
  • Third party financing is allowed

Who can apply

  • Muslims and non-Muslims individuals or joint account holders
  • Companies incorporated under the Companies Act

*Terms and conditions apply

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