Agri Finance
Tube Well Loan Scheme (Tube well, Solarisation & HEIS)
This facility is meant to provide farmers Agriculture Development Loans for purchase and installation of electric/solar tube wells, High Efficiency Irrigation Systems & Solarisation.
- Purchase & installation of electric/solar tube well.
- Solarisation of running Irrigation systems.
- Loan period up to five years.
- Repayment in quarterly/half yearly installments.
- Installed tube well and solar panels will be insured.
- Permanent resident of Pakistan.
- Holder of Valid Computerized National Identity Card.
- Not a defaulter of any Bank/DFI.
- Capable of repayment of the facility and satisfy security requirements of the Bank.
- Capable to provide required security.
- Age must not be more than 65 Years.
- Must have sufficient experience in concern Business.
- Satisfactory Cash flow Assessment.
- Minimum 10% down payment.
- Satisfactory Cash flow Assessment.