APNA Tractor Loan

Loan amount: Maximum amount up to Rs. 500,000/-

APNA Tractor Loan Agriculture is the backbone of our economy and Tractor is an essential tool/machinery of agriculture. A new product has been designed to boost up the mechanized farming in the country, Apna Tractor Product is introduced to offer specialized set of services to the farmers/micro entrepreneurs to cascade their Agri based needs.
Under this product, we will provide financing for the purchase of new tractors meant to gratify the farming and non-farming needs of Farmers/Micro Entrepreneurs. Customer can repay the instalments conveniently under biannual installment plan.
       Requirement

• Copy of CNIC
• 1 Passport Size Photo
• Business Proof / Fard Malkiyat/ Agri Pass Book/ Land Revenue records
• 2 Personal Guarantees of well reputed and credit worthy persons
• Copy of CNIC of both guarantors
• 2- Security Cheques

Security/ Collateral

• Two personal guarantees of the reputed persons within the vicinity/range of branch.
• Tractor will be registered in the sole name of the bank.
• Tracker device shall be installed in each tractor financed and the cost of the tracker shall be imbedded in the annual insurance premium.

        Advantages:

• ATM Card (Optional)
• Full range of banking services.