U Microfinance Bank offers tractor & agriculture equipment loan facility to facilitate purchase of tractor and other necessary machinery. Farmers can use this loan to purchase agriculture machinery such as tractors, trailers, threshers, Laser leveler, sprayers, seed drills, combine harvesters, levelers, fodder cutter etc.
Features
- Minimum down payment for the tractor
- Loan facility of up to PKR 3,000,000
- Loan tenure up to 7 years
- Tractor insurance facility
- Loan disbursement with minimum turnaround time
- Embedded credit life insurance
- Availability of tractor on priority basis from the nearest selected dealership
- Half yearly installments for tractor & equipment loan
Required Documents
- Original CNIC
- Proof of land ownership or Agri passbook copy or revenue record copy or hard copy
- One passport size photograph of the applicant
Available Tractors Brands
- Millat Tractors
- Al Ghazi Tractors
- Fecto Belarus Tractors