The Bank of Khyber provides Agricultural Development Loans to make tractors and farm machinery accessible to farmers and to innovate farming in the country.
- Farm Machinery and new tractors of all types and powers can be financed.
- Loan period up to 5 years.
- Repayment in quarterly and half yearly installments.
- Tractor will be jointly registered in the bank & client’s name.
- Insurance coverage of the tractor and farm machinery for the loan period.
- 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 should not be more than 65 Years.
- Must have sufficient experience in concern Business.
- Satisfactory Cash flow Assessment.
- Minimum 10% down payment for Tractor loans.