{"id":11193,"date":"2023-08-25T20:13:09","date_gmt":"2023-08-25T20:13:09","guid":{"rendered":"https:\/\/fcibank.com.pk\/urdu\/?page_id=11193"},"modified":"2024-07-23T23:35:03","modified_gmt":"2024-07-23T23:35:03","slug":"products-features","status":"publish","type":"page","link":"https:\/\/fcibank.com.pk\/urdu\/products-features\/","title":{"rendered":"Products Features"},"content":{"rendered":"\t\t
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Products Features<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Product Features:<\/span><\/span><\/strong><\/p>

The salient features of the offered product are:<\/span><\/span><\/p>

  1. The product is available for salaried and non salaried individuals who may also avail\u00a0\u00a0income tax rebates against their investment in mutual funds<\/span><\/h6><\/li>

  2. The financed units along with the units purchased through self financing would be pledged with FCIB.<\/span><\/b><\/p><\/li>

  3. Financing upto 90% of investment in the fund units\/ Government Securities will be allowed.<\/span><\/b><\/p><\/li>

  4. Fund Managers may also participate in the scheme on the terms acceptable to FCIB<\/span><\/b><\/p><\/li>

  5. Facility would be for tenor\u00a0from 1 month\u00a0to 24\u00a0months. Premature repayment would be subject to penalties\u00a0<\/span><\/b><\/p><\/li>

  6. Markup to be recovered on quarterly basis through post dated cheques which would be obtained prior to disbursement.<\/span><\/b><\/p><\/li>

  7. Per party ceiling is\u00a0Rs.5 million\u00a0(Rupees Five Million Only)<\/span><\/b><\/p><\/li>

  8. Only FCIB\u2019s standard documents are accepted. Document charges will be borne by borrower.<\/span><\/b><\/p><\/li>

  9. Compliance with relevant SECP regulations and FCIB Credit Policy would be observed<\/span><\/b><\/p><\/li>

  10. The Margins on the collateral value will be as follows:<\/span><\/b><\/p><\/li><\/ol>

    Type of collateral \/security<\/span><\/span><\/p><\/td>

    Minimum Margin<\/span><\/span><\/p>

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Required<\/span><\/span><\/p><\/td><\/tr>

    Product of Asset Management Companies<\/span><\/span><\/p>

    (Conditions apply)<\/span><\/span><\/p><\/td>

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10%-30%<\/span><\/span><\/p><\/td><\/tr>

    National Saving Certificates<\/span><\/span><\/p><\/td>

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a010 %<\/span><\/span><\/p><\/td><\/tr><\/tbody><\/table>

    \u00a0<\/span><\/span><\/p>

    \u00a0<\/span><\/span><\/p>

    \u00a0\u00a0\u00a0\u00a011.<\/span>\u00a0\u00a0\u00a0\u00a0Units issued by the collective schemes(funds) managed by Asset Management Companies on the approved list of FCIB will be accepted<\/span><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Product Features: The salient features of the offered product are: The product is available for salaried and non salaried individuals who may also avail\u00a0\u00a0income tax rebates against their investment in mutual funds The financed units along with the units purchased through self financing would be pledged with FCIB. Financing upto 90% of investment in the […]<\/p>\n","protected":false},"author":1,"featured_media":11856,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-11193","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/pages\/11193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/comments?post=11193"}],"version-history":[{"count":4,"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/pages\/11193\/revisions"}],"predecessor-version":[{"id":11197,"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/pages\/11193\/revisions\/11197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/media\/11856"}],"wp:attachment":[{"href":"https:\/\/fcibank.com.pk\/urdu\/wp-json\/wp\/v2\/media?parent=11193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}