Farm Machinery & Transport Finance
Rural Banking

Farm Machinery & Transport Finance

The product program is comprehensively designed to allow purchase of Farm Machinery and Transport which is used for the mechanization and expansion requirements of farmers/farm based entrepreneurs (including corporate firms, partnerships and individuals) who are engaged in farming activity as well as storage, processing, packaging, transporting and marketing of agriculture produce.

Key Features:
  • Term Finance, LC (Documentary Letter of Credit) Sight/DA
  • Financing Limit from PKR. 0.2m to PKR. 40m
  • 10 years tenure
  • Repayment will be Monthly/Quarterly/six monthly based on business cash flow cycle.

  • The applicant shall be a resident of Pakistan residing/working at the same place continuously for 3 years.
  • The applicant must be holder of valid CNIC/SNIC
  • The age of the borrower shall be between 20 years to 60 years
  • The applicant himself shall be a genuine farmer engaged in cultivation & possession of Agri land (Owned or Leased)
  • The applicant shall not be a defaulter of any bank/Financial institution.
  • The applicant shall be able to provide acceptable collateral as per bank’s requirement.

Documents Required:

  • Copy of CNIC/SNIC
  • One passport size photograph of the applicant
  • Updated Zarai Passbook &/or other collateral documents
  • Other documents if required

How to Apply

Please visit our nearest Agri designated Branch.