Kissan Zarri Taraqiati Loan (KZTL)
Loan for individuals who require working capital/funds to finance the below mentioned activities and are able to provide land, vehicle or gold ornaments as security to the bank.
Purpose of loan
Solar Power Plant for Tube well/Turbine, Tractor, Trolley, Laser Level, Rotavator or purchasing of any other agricultural equipment.
Working Capital for purchase of Crop Inputs i.e. seeds, fertilizers etc.
Kissan Zarai Taraqyati Loan (KZTL)
|Individual who need finance for following activities.
Asset Purchase of Agriculture Implements:
Solar power porject installation for irrigation/water /lighting arrangments for following business:
|Annual income (net of business expenses) of PKR 1,200,000/ or less. (i.e. PKR 100,000/ per month as per Prudential Regulations for MF Banks.
Minimum Loan Amount Rs, 30,000/-
Maximum Loan Amount: Rs 500,000/-
|Minimum Loan Duration: 3 Months Maximum 36.
|Mark Up Rate
|As per applicable Schedule of Charges
Monthly (Having montly income)
Sami-annul (Having sami-annual incorme from crop etc)
Lump-sum/Bullet (Having bullet income from crop etc
|Loan Processing Time (TAT)
|7 days from completion of required documents.
|Types of Collateral/Security
Lien on Agri Pass Book
Hypothecation on Vehicle
Urban Rural Registered Property
Post Dated Cheques (Common Document)
Demand Promissory Note (Common Document)
|Allowed and Markup will be charged on loan utilized period only.
|Late Payment Penalty
|CIB and NADRA Check
|The Bank does NADRA check and ECIB check on all customers.
|Loan Processing fee
|As per applicable Schedule of Charges.
|Credit Life Insurance