Tractor Renting & Leasing in Vehari. (3 Result(s))

Zarai Taraqiati Bank Limited is providing credit facilities to farmers for tractor leasing. All farmers having appropriate self-owned agricultural land to cover the feasibility of tractor loan are entitled to avail this facility. Maximum loan amount of Rs. 2.5 million can be borrowed against this facility with a maximum repayment plan in 8 years. The Bank will charge the prevailing interest rate of mark up on development loans with 3% rebate on timely repayment is applicable.

NRSP Microfinance Bank Limited offers Kissan Zarri Taraqiati Loan, which is an agriculture loan for individuals who require working capital to fund agricultural development such as installation of solar power plants for tube wells and purchasing of tractor, trolley, laser leveler or any other agricultural equipment. Maximum loan amount which can be disbursed under this scheme is Rs 500,000 only which has to be repaid in a maximum period of 36 months. The borrower must have a net income of Rs. 1.2 million per annum and three years of experience in agriculture industry.

Askari Kissan Tractor Finance is offered by Askari Bank to farmers at reduced interest rates. All resident farmers of Pakistan with a minimum holding of 10-acres of agricultural land and less than 60 years of age can apply for this fiance facility. The tenure of the loan would be for upto 5 years. The farmer’s life, as well as his tractor will be insured against contingencies, which will provide comfort and peace of mind.