Product Description

This product is offered to individuals who are involved in agriculture or Transportation business. They can avail Tractor loan individually as well as jointly

Age limit

21-60 Years

Loan Amount

• Up to Rs. 500,000/- for single borrower
• Up to Rs. 1,000,000/- for joint borrowers

Loan Tenure

03 to 05 years

Basic Documentations

• Valid Computerized National Identity Card (CNIC)
• 3 recent passport size photographs of the Customer
• Valid Agriculture Pass Book in the name of customer,
• Land ownership proof (Fard Malkiyat),
• Land self-cultivation proof (Khasra Gardawari,)
• Land schedule rates duly attested by revenue authority
• Genuineness certificate of agri. pass issued by ADLR/ Tehsildar
• 2 references
• Quotation of make or Rate List of tractors
• Proof of Business/Undertaking for running business
• A copy of latest paid utility bill of business place or residence (if available)

Security

• Against Bank’s charge on Agri Pass Book.
• Life Insurance Policy.
• Postdated security Cheques in terms of  RPS