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Tractor & Equipment Loan

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

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ABOUT U BANK

U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company. The bank has a network of more than 250 branches, across 210 cities and rural areas in Pakistan and offers a wide range of microfinance loans, deposit products, and branchless banking solutions. U Bank’s branchless banking offers services under the banner of U Paisa in collaboration with Ufone (Pak Telecom Mobile Limited). The service is offered at nearly 50,000 agent locations across Pakistan.

U Microfinance Bank is proud to be at the front line of fighting poverty in Pakistan and is dedicated to play its critical part in the implementation...
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