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Sindh Bank Agriculture Loan Details – Tractor Loan in Pakistan

The Tractor Scheme is designed to make it easier for the country’s small farmers to obtain loans for the purchase of a tractor to develop and cultivate agricultural land. The scheme would primarily address the needs of farmers and provide tractor financing for land development to eligible farmers who wish to avail themselves of the loan.

The product is allowed for a period of up to 5 years according to the specific purposes and useful life of the asset. The amortization period must not exceed the useful life of the asset. The amortization period must not exceed the useful life of the Financed Asset. The frequency of repayment of the financing is based on the repayment capacity of the borrower / economic cycle.

Sindh Bank Tractor Loan Features

1.      Financing Period & Repayment Mode

2.      Purpose: For purchase of Tractor 

3.      Extent of Limit: Upto 75% of Actual Price        

4.      Tenure: Up to 5 years       

5.      Installment Frequency: Half Yearly

Benazir Revolving Credit Scheme Documents Required

Ø  Copy of the CNIC

Ø  2 recent passport size photographs

Ø  Bank statement (6 months to 1 year)

Ø  Pay stub / proof of business activity or other documents

How To Apply For Sindh Bank Benazir Revolving Credit Scheme

·         Visit to the nearest Sindh Bank branch or Contact Through the given information given below:

·         Address: Head Office 3rd Floor, Federation House Abdullah Shah Ghazi Road, Clifton, Karachi – 75600

·         Mob No: 0800-33322

·         Website: https://sindhbank.com.pk/

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