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

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