The livestock loan is a financial facility for the bank’s target market. Only cows, buffaloes and bulls Involved in the breeding, milking, raising and fattening of new animals. The loan amount offered is up to Rs 100000 with loan tenure of maximum 18 months.
Mobilink Microfinance Bank Live Stock Loan Features:
1. Minimum Loan: PKR.50,000
2. Initial Maximum Loan: PKR.100,000
3. Maximum Exposure: PKR.150,000
4. Loan Tenure: Minimum 6 Months
a. Maximum 18 Months
5. Repayment Mode: EMI / Quarterly / Half Yearly / Bullet (as per cash flow of the borrower)
6. Animals Covered: Local/Imported buffalo, cows, bulls in the age range 9 months to 6 years
Mobilink Microfinance Bank Live Stock Loan Documentation:
1. Valid National Computerized Identity Card (CNIC)
2. 3 recent passport size photographs of the Client
3. 2 references
4. Proof of Business / Commitment to Doing Business
5. A copy of the last paid utility bill from the workplace or residence (if available)
Mobilink Microfinance Bank Live Stock Loan Insurance
1. Free credit life insurance: applicable in case of permanent disability and death of the borrower.
2. Free livestock insurance Note: The sum insured will cover the principal plus the accumulated margin until the expiration date
How to Apply For Mobilink Microfinance Bank Live Stock Loan?
Visit your nearest Mobilink Microfinance Bank to apply for loan and further information. Click to explore bank branches: https://www.mobilinkbank.com/our-branches
Mobilink Microfinance Bank Contact Information:
1. Address: 3-A/2 F-8 Markaz Islamabad
2. Phone: 051 2817070 77
3. Customer Service, complaints and feedback: 051-2817076
4. Email: info@mobilinkbank.com