Tractor Renting & Leasing in D. I. Khan. (4 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.

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.

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.