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JS / Business / Agriculture Finance / JS Zarkhez Markup Subsidy and Risk Sharing for Farm Mechanization (PM Kissan Package) (SBP)

Features

Processing Fee & Charges - As per Bank’s updated SOC

Financing Amount - Up to 30 Million

Tenor - 3 to 7 Years

Collateral - As per Bank’s discretion

Equity - Farmer share 25% as equity while rest through bank

Markup rate: 7%

The following machinery are allowed to purchase on this scheme:

  • Tractor
  • Thresher
  • Harvester
  • Planters
  • Mobile Grain Dryers
  • Solar Tube well
  • Pakistani National
  • Age: Maximum 65 years on expiry of the facility
  • Permanent resident of the Area
  • Must be residing within 45 kms radius of the financing branch
  • Satisfactory credit history of existing bank borrowings
  • Financial ability to afford and repay finance

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