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Tractor & Equipment Loan

U Microfinance Bank in collaboration with Millat Tractor offers tractor & agriculture equipment loan facility to those farmers who cannot afford their own tractor or 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 1,000,000
  • Loan tenure 12 to 60 months
  • Tractor insurance facility
  • Loan disbursement with minimum turnaround time
  • Embedded credit life insurance
  • Availability of Millat tractor on priority basis from the nearest selected dealership
  • Half yearly installments for tractor & equipment loan

Required Documents:

  • Original CNIC
  • Proof of land ownership/Agri passbook copy/revenue record copy/hard copy
  • One passport size photograph of the applicant

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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 200 touch points, across 183 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 45,000 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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