Agricultural loan

Loans offered to small cultivators through Community Organizations. These loans amount up to PKR 70,000 on group guarantees. They are dependent upon harvest seasons.

Purpose of loan

Agricultural loans may be taken for the following purposes but are not limited to these:

• Payment for land lease
• Land leveling
• Land preparation for cultivation
• Procurement of seeds, fertilizers, pesticides or tube well water
• Any other activity related to agriculture production

Loan eligibility	Maximum age allowed 63 years (at the time of loan booking). Client should have a valid CNIC. Resident of same district.
Loan duration	As per crop pattern
Repayment option	Lump sum on crop harvest
Collateral	Group guarantee
Disbursement	To individual
Interest rate	As per applicable Schedule of Charges.
Fee and charges	As per applicable Schedule of Charges.
Insurance	Credit Life Insurance