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Age Limit: Applicant must be between 18 to 62 years
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Maximum Financing Limit: Up to PKR 2.5 million per party
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Finance Tenure: Ranges from 3 to 5 years
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Land Requirements:
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Minimum 12.5 acres under cultivation
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Minimum 5 acres of land ownership
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Unit Financing: Only one tractor per farmer is eligible
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Women Inclusion: Facility is also available for women farmers
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Repayment Schedule:
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Flexible half-yearly or quarterly installments (unit + rental)
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Takaful: Tractor is covered under Islamic insurance (Takaful)
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Accepted Collateral/Security Options:
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Agricultural land
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Urban property
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Liquid securities
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Hypothecation
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Terms and conditions apply. Allied Bank reserves the right to accept or reject any financing application as per the Bank’s internal policy.