Zarai Ijara Scheme (Tractor Ijara)

Islamic Financing Products:

Financing for medium to long term for purchase of Tractor and entire range of Farm Machinery required for farm mechanization such as Tractor trolley/Implements/ attachments, cane crushers, threshers, shellers, harvesters, ploughs, blades etc. Finance period is up to 5 years with Quarterly installments. Security deposit is at least 10% of the limit amount .Tractor/ vehicle will be registered on the name of the Bank and will be covered by Takaful Policy from A rated Takaful company..

S.NO Product Name Purpose/ Type Max Tenure
01. Zarai Ijara Scheme (Tractor Ijara)

Eligibility Criteria:

  • Permanent resident of Pakistan.
  • Holder of Computerized National Identity Card.
  • Not a defaulter of any Bank OR DFI.
  • Capable of repayment of facility and satisfying security requirements of the Bank.
  • Must not be more than 70 years of age and preferably of age 18-65 years.
05 Years

News

BOK Launches Kamal Plus Current Account (One Account Mutiple Benefits)

BOK launches KAMAL PLUS CURRENT ACCOUNT with added benefits and features to offer you stress free banking.   Existing Kamal Current Account will be upgraded to the new KAMAL PLUS...

Public Awareness regarding Biometric Verification of Different types of accounts of existing customers

State Bank of Pakistan has advised following treatment for existing customers who are presently residing out of Pakistan vide BPRD circular letter No. 16 of 2019. Non Resident...

Location