JS ZARKHAZ Solar Finance

Financing: Between 500,000 to 2,500,000.
Tenor: Between 3 to 5 years.with quarterly installments.
Markup: Fixed at 6% per annum.
Equity: Minimum 20% of the financing amount.
Collateral: i). Bank’s charge on agricultural land/ rural or urban property.

                  ii) Insurance of Solar equipment.

                  iii)  Un-dated cheques against installments.

- This product shall cater the tradition farm sector having holding of major/minor crops. Additionally, other Agri businesses such as dairy, livestock, fisheries, poultry & cold storage/cilos can also avail solar financing so that their costs of electrical inputs in respective businesses is reduced. The product is designed as such that it will be targeting holistically all spheres of agriculture business in Pakistan fulfilling their electricity needs via solar financing

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 size colored  photograph.

2. Two copies of valid CNIC.

3. Agri-passbook supported by Fard Jamabandi OR copy of Khasra Girdawari in applicant’s name.

4. Quotation of Solar Tubewell from the authorized dealer.

- 21 days.

1. Select your preferred Solar Energy Partner.

2. Visit nearest JS Bank designated branch & fill out the JS Zarkhez Application Form.

3. Complete document checklist upon approval.

4. Solar Tubewell, financed by JS Bank, will be installed by the supplier after completion of post-sanction formalities.

- Minimum PKR 1,000/- to maximum PKR 5,500/- (according to loan amount).

- SBP Financing Scheme for Renewable Energy Category II.