This financing facility is designed to facilitate Agricultural farmers in obtaining Agriculture Development Loans (Term Finance) for purchase of Agricultural Equipment to be employed for farm mechanization.
Terms & Conditions
- Age Limit 18 to 62 Years
- Loan Tenor: 3 to 5 years
- Debt to Equity (70:30)
- Minimum ownership & Cultivation requirement:
- 5 Acres for Punjab, Sindh & Balochistan
- 2 Acres for KPK, AJK & GB
- Repayable in Half Yearly installments
- Loans can be extended against one or more security options, details below:
- Agriculture Land
- Urban Property
- Liquid Securities
Disclaimer: Terms & Conditions apply, bank reserves right to reject any loan application for any reason.