This product is offered to people who are engaged in agriculture or transportation. They can make use of the tractor loan individually or jointly. Tractors are offered between the ages of 21 to 60 years. For a single borrower the loan amount is up to 1000000 with loan tenure up to 3 to 5 years.
Mobilink Microfinance Bank Tractor Loan Features:
1. Age limit: 21-60 Years
2. Loan Amount: Up to Rs. 1,000,000/-
a. For single borrower: Up to Rs. 1,000,000/-
b. For joint borrowers: Up to Rs. 1,000,000/-
3. Loan Tenure: 03 to 05 years
Mobilink Microfinance Bank Tractor Loan Basic Documentation
1. Valid National Computerized Identity Card (CNIC)
2. 3 recent passport size photographs of the Client
3. Agricultural Pass Book valid in the name of the client,
4. Proof of land ownership (Fard Malkiyat),
5. Proof of self-cultivation of the land (Khasra Gardawari,)
6. Land rates duly certified by the tax authority
7. Certificate of authenticity of agriculture. Pass issued by ADLR / Tehsildar
8. 2 references
9. Brand Quote or Tractor Fee Schedule
10. Proof of Business / Commitment to Doing Business
11. A copy of the last paid utility bill from the workplace or residence (if available)
Mobilink Microfinance Bank Tractor Loan Security
1. Against the Bank’s charge in the Agri Pass Book.
2. Life insurance policy.
3. Post-dated security checks in terms of RPS
How to Apply For Mobilink Microfinance Bank Tractor Loan
Visit your nearest Mobilink Microfinance Bank to apply for a 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