Tractor Renting & Leasing in Chitral. (6 Result(s))

Tractor finance is offered by Habib Bank Limited for farmers to purchase tractors for meeting the farm mechanization requirement. All farmers engaged in agricultural business and cultivating their own land can apply for this facility. HBL offers a relaxed repayment terms aligned with business cycles. Borrowers must have a valid CNIC and Agriculture Pass Book.

Tractor Finance under Khushali Plan is offered by MCB Bank to farmers for purchase of tractor and allied equipment. It is fixed installments product under which a loan can be booked for a period of maximum 7 years.

JS Zarkhez Tractor Lease Finance is a credit facility provided by JS Bank for farmers who are interested in buying a tractor. Maximum financing of upto Rs. 5 million can be availed under this facility, to be paid back in 3 to 5 years with a half yearly repayment schedule. Farmers owning 5-acres or more of agricultural land with a valid CNIC and upto 65 years of age can apply for this facility.

Islami Tractor Finance facility is offered by BankIslami Pakistan based on the principle of Diminishing Musharakah under Shirkat-ul-Milk arrangements which enables farmers to purchase any new or used tractor and farm machinery of choice. Tenure of Finance from 1 to 8 Years. Payment in easy installments on quarterly, half yearly or annual basis based on cropping pattern. Borrowers of this facility must be between 21 to 65 years of age and holder of a valid CNIC and Agriculture Pass Book. Borrower must be a self-cultivator with ownership of 10-acres or more agricultural land. Profit or markeup rate will be charged at 6M KIBOR + 6%.

The Bank of Punjab offers attractive tractor leasing scheme at a fixed rate of 6-Months KIBOR + 7% per annum. This scheme is eligible for all farmers having a minimum land ownership of 5-Acres of irrigated land or 10-Acres of arid land and age between 21 years to 65 years. All models of Millat Tractors, Messay Ferguson and Al Ghazi Tractors can be leased for a maximum duration of 5 years. Repayment against the lease would be made in 10 biannual installments.

Tractor Ijarah Finance Scheme is offered by The Bank of Khyber to farmers interested in purchasing of tractors and allied equipment. Profit or rental rate would be charged at 3-6 Months KIBOR + 500 BPS. Repayment will be in quarterly or half yearly installments. The finance tenure will be up to 5 years. The borrower must be less than 65 years of age and holder of a valid CNIC and must have a minimum 5-acres of own land under cultivation.