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Kissan Muavin Loan Product (KMLP)

Kissan Muavin Loan Product (KMLP)

Individuals who need funds for agriculture input supply.

Purpose of Loans

  • Agriculture activities

Product Features

Loan eligibility Age 18-63, should have a CNIC.
Loan Amount Rabi & Kharif Crop: up to PKR 80,000/-
Sugarcane Crop: up to PKR 100,000/-
Loan duration Rabi & Kharif Crop: up to 11 Months.
Sugarcane Crop: up to 21 Months.
Repayment option Lump sum
Disbursement Loan is credited into the account of the customer to make ultimate utilization much secure.
Markup rate 33% p.a Declining and subject to change with policy amendments through circulars from time to time.
Insurance i.    Free Credit Life Insurance
ii.    Complementary Hospitalization & Death Insurance up to Rs.20,000/-