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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.
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.
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