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.
Minimum Loan
PKR.50,000
Initial Maximum Loan
PKR.100,000
Maximum Exposure
PKR.150,000
Loan Tenure
- Minimum 6 Months
- Maximum 18 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 6 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:
*Terms & conditions applicable.
