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Faysal Moneyline


Faysal Bank Moneyline allows our customer to cater to all their financial needs while maintaining liquidity with comfort and ease. Our customers can use this quick and easy financing facility to cater to their short term credit requirements for both personal as well as business requirements. This facility can be availed with minimal hassle & a nominal processing fee against following securities:

  • Faysal Bank Deposits (LCY/FCY)
  • Government securities including SSCs, DSCs (up to encashment value).
  • Certificates issued by reputed mutual funds under lien.
  • Bank guarantees / SBLCs obtained in favor of the Bank from reputed financial institutions approved by FIG.
  • Government Guarantees.
  • TDR issued by other financial institution.

Facilities offered under Faysal Moneyline

Both funded and non-funded facilities are offered under the ambit of Faysal Moneyline to cater to the individual requirement of our customers. This includes:

  • Running Finance / Overdraft Facility (OD): It’s an extension of credit from Bank. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it. Markup calculation is based on the amount utilized for number of days.
Type Markup Required Account Type
OD facility Base rate + (min 2%). Base rate is defined as TD booking rate (in case of LCY TDR as security) or prevailing 3 months KIBOR (in case of any other permissible security). Current (code 006)
  • Short Term Finance Facility (STF): A credit limit is allowed in customers checking account (savings or current) partially or fully as per his/her requirement for utilization which upon confirmation through written request by customer is adjusted / settled partially or fully.  Markup calculation is based on the amount utilized for number of days.
Type Markup Required Account Type
STF facility Base rate + (min 2%). Base rate is defined as TD booking rate (in case of LCY TDR as security) or prevailing 3 months KIBOR (in case of any other permissible Any current or savings account.
  • Bank Guarantee Facility (BG): A guarantee from the Bank ensuring that the liabilities of a debtor/beneficiary will be met if the customer will breach the contract in any manner. Quarterly commission is charged on the said facility as per prevailing Schedule of Charges.
  • Letter of Credit (LC): Bank’s written promise that it will make a customer’s (the holder) import payment to a vendor (called the beneficiary) in case of the customer failing to do so. if the customer does not. Quarterly commission is charged on the said facility as per prevailing Schedule of Charges.

How does Faysal Moneyline work?

Faysal Moneyline financing involves blocking of funds in customer’s account / security kept with the Bank which is held as collateral against the financing. A financial limit is allowed to customers against their security which can be utilized as per the requirement. Quarterly markup payments/commission will be charged as per the utilization of the loan/facility.

Benefits for Faysal Moneyline customer
All our customer will be able to avail the following key benefits:

  • Markup charged only on amount utilized of funded lines and for the number of days it is availed
  • Minimal documentation and quick processing
  • Third Party Security allowed
  • No prepayment penalties
  • Competitive mark-up rates
  • Debit/ATM Card facility
  • Free Online Banking
  • Free e-Statement Facility
  • No eligibility criteria*

To avail Faysal Moneyline

  • Please visit your nearest branch along with the security details to complete the documentation
  • Service charges will apply as per the Bank’s prevailing Schedule of Charges

Terms & Conditions Apply.