Product Description
Khushhal Kisan loan is a financial facility for bank’s target market for:
- Agricultural activities covering purchase of agriculture inputs, tunnel farming, tools, implements, assets & working capital
- Livestock involving, farming, milking, rearing, fattening, trading, working capital, tools & implements and related asset purchases
Loan Eligibility Criteria
- Household annual income less than Rs. 500,000
- Age between 25-58 years (1st loan cycle) 25-60 years (2nd and 3rd loan cycle).
- Business experience of minimum of 2 Years
- Holding valid CNIC
- Not defaulter of any financial institutions & Public Utilities.
- Household annual income (net of business expenses) is less than Rs. 300,000/- or limit as revised from time to time under regulations.
- Residing or working in launching cities for at least 2 years
Guarantee
Yes (Any Salaried Person / Business Man).
Tenure
3 – 12 months
Repayment Options
EMI/Bullet/Quarterly /Half Yearly/Annual
Loan Ticket
PKR- 20,000/- to 150,000/-
Lead Time
3-5 Days
Loan Insurance
Free Loan Insurance in Case of Death / Permanent Disability
Early settlement
Allowed
Note:
Terms & conditions applicable.
