Product Description

Livestock loan is a financial facility for bank’s target market Involved in breeding, milking, rearing and fattening of new animals i.e. Cow, Buffalo and Bulls only.

Loan Eligibility Criteria

  • Household annual income less than Rs. 1,200,000/- (Net of business expenses)
  • Age between 18-60 years (1st loan cycle) and Maximum 63 years (for subsequent loan cycle).
  • Business experience of minimum of 2 Years
  • Holding valid CNIC/SNIC
  • Not defaulter of any financial institutions & Public Utilities.
  • Residing or working in launching cities for at least 1 year in case of owned residence or Min. 02 years

Guarantee

  • Co-Signer (within the family) / Guarantor (Outside the family) in Insured animals
  • Only Guarantor in other Animals

Minimum Loan

PKR.50,000

Initial Maximum Loan

PKR.100,000

Maximum Exposure

PKR.350,000

Loan Tenure

  • 6 Months, 9 Months & 12 Months

Repayment Mode

EMI / Quarterly / Half Yearly / Bullet (as per cash flow of the borrower)

Animals Covered

Local/Imported buffalo, cows, bulls in the age range 9 months to 7 years

Insurance

  • Free Credit Life Insurance – Applicable on permanent disability and death of borrower.
  • Free livestock insurance

    Note: Sum assured will cover principal plus accrued markup till maturity date

    Note: 

    Note: Sum assured will cover principal plus accrued markup till maturity date

Pricing

As per SOC

Note:

*Terms & conditions applicable.

live stock loan

Products & Services

Whether you have small business, repaying your loans or sharing the gift of life. We take care of all!..
چاہے آپ کے پاس چھوٹے کاروبار ہیں، اپنے قرضے کی ادائیگی یا اشتراک کرنا زندگی کا تحفہ ہو. ہم سب کی دیکھ بھال کرتے ہیں ..

 

coivid