- Financing: Between 500,000 to 5,000,000.
- Tenor: Between 3 to 7 years with half yearly installments.
- Markup: 6 Month KIBOR + 6% per annum (Floating Rate).
- Equity: Minimum 10% of the financing amount (20% in case of no additional security).
- Collateral: Tractor marked HPA to JS Bank.
- Cultivators of minimum 10 acres of Agricultural land or owner of Agri.
land with ASV to cover finance amount with minimum 50% margin. (In case of
Gilgit Baltistan minimum requirement is 2 Kanal Agricultural land in settled
areas and 4 Kanal in un-settled areas for tractor financing without additional
security).
- 1. Permenant resident of the area.
- 2. Must have clean ECIB.
- 3. Must be residing within 30 KM radius of the financing branch.
- 4. Farmer holding CNIC with maximum age of 65 years on the expiry of lease.
- 1. Two Passport Sized Photographs.
- 2. Two copies of valid CNIC.
- 3. Agri passbook supported by Fard Jamabandi or Khasra Giridwari.
- 4. Quotation of tractor from the authorized dealer.
- 5. Personal Guarentee if applicable.
- 1. Select tractor from Authorized dealer and get a quotation.
- 2. Visit nearest JS Bank branch and fill Zarkhez application form.
- 3. Complete document checklist upon approval.
- 4. Drive away with your favorite tractor upon completion of post sanction formalities.
- Minimum PKR 4,500/- to maximum PKR 8,500/- (according to loan amount).