Features
Processing Fee & Charges - As per Bank’s updated SOC
Financing Amount - Up to 30 Million
Tenor - 3 to 7 Years
Collateral - As per Bank’s discretion
Equity - Farmer share 25% as equity while rest through bank
Markup rate: 7%
The following machinery are allowed to purchase on this scheme:
- Tractor
- Thresher
- Harvester
- Planters
- Mobile Grain Dryers
- Solar Tube well
- Pakistani National
- Age: Maximum 65 years on expiry of the facility
- Permanent resident of the Area
- Must be residing within 45 kms radius of the financing branch
- Satisfactory credit history of existing bank borrowings
- Financial ability to afford and repay finance
