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. 1,000,000/- 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
