Through this program, Rowwad delivers a diverse portfolio of consumer financing solutions designed to cater to your evolving needs, whether for education, healthcare, marriage, essential purchases, home furnishing, surgical procedures, travel, or other life priorities.
Key Features
- Financing of up to USD 15,000.
- Competitive interest rates.
- Flexible collateral requirements and terms.
- Convenient repayment period.
- Fast-track financing approval procedures.
Types of Financing
- Commercial Financing (Conventional)
Financing Eligibility Requirements
- Proof of occupation/profession.
- Purpose of the loan.
- Fulfilment of the applicable terms and conditions of the PBI's credit policy.
Collateral / Guarantees
Rowwad accepts a diversified range of collateral and guarantee instruments, subject to the borrower’s repayment capacity, including but not limited to:
- Post-dated cheques / monthly promissory instalments aligned with the financing/loan repayment schedule (As per Rowwad’s policy).
- Financing / loan agreement.
- Duly executed promissory note (debt instrument).
- Personal guarantees (sureties).
- Gold pledge as collateral security.
- Any other acceptable forms of collateral.
