Financial facility for the Livestock loan is the bank’s target market. Involved in the breeding, milking, raising and fattening of new animals, that is, only cows, buffaloes and bulls. The Microfinance Bank offers livestock loans on very cheap installments. Every livestock business stakeholders can apply for the loan. The loan process is very easy and rapid.
Khushhali Livestock Loan Product Purpose
1. Insured risks Purchase of new animals (cows, buffaloes and bulls) for fattening, breeding and milking
2. Uninsured risks: goats, sheep, poultry and fish (uninsured)
3. Free animal life insurance in case of death / theft (applicable only for insured risks)
Khushhali Livestock Loan Eligibility Criteria
1. Age: 20 to 63 years
2. The age of the animal to buy must be between 9 months and 7 years.
3. The applicant’s willingness to tag the animal for insurance coverage.
4. Minimum of 2 years’ experience in livestock maintenance / handling
5. Have at least 1 animal
6. Support NADRA CNIC / SNIC / NICOP
Khushhali Livestock Loan Tenure:
· Months: 3- 24 for grassing and 3- 18 months for upbringing & dairy
Khushhali Livestock Loan Repayment Options:
A. Equal Monthly Installments
B. Monthly mark-up and principal at maturity
Khushhali Livestock Loan Collateral:
A. Hypothecation
B. PDC/ Personal Guarantor
Khushhali Livestock Loan Ticket (minimum & maximum):
· PKR 50,000 to PKR 150,000
Khushhali Microfinance bank Branches:
· Click to explore the bank branches for your favorite loan package application: https://khushhalibank.com.pk/contactus
Khushhali Microfinance bank Contact Information:
Ø Address: 55-C, 5th Floor, U-Fone Tower, Jinnah Avenue, Blue Area, Islamabad
Ø UAN: + 92 (51) 111 092 092 Fax: + 92 (51) 2310554
Ø Customer Helpline UAN: +92 (51) 111 047 047
