Tractor Renting & Leasing in Jhang. (2 Result(s))

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.

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.