JS Zarkhez Solar Tubewell Finance

JS Zarkhez Solar Tubewell facility enables financing of Solar Tubewell, allowing for hassle free water extraction. JS Zarkhez Solar Tubewell Finance is a term loan facility, with a convenient repayment schedule at a highly subsidized mark-up rate. This facility also offers unique feature of free life insurance up to PKR. 2.5 mn to every customer.

Mark-up: Fixed at 6% per annum

Equity: Minimum 20% of the financing amount

Charges: Minimum PKR 1,000/- to
maximum PKR 5,500/- (according to the
loan amount)

Financing: Between
PKR 500,000/- and
PKR 2,500,000/-

Collateral: Agri-Passbook Fard Jamabandi & copy of Khasra Girdawari

Tenor: Between 3 to 5 Years
with quarterly
installments

Eligibility Criteria:

Farmer holding CNIC with maximum age of 65 years on expiry of facility
Permanent resident of the Area
Must have a clean e-CIB (no defaults)
Must be residing within 30 kms radius of the financing branch

Required Document Checklist:

Two passport size colored photograph
Two copies of valid CNIC
Agri-passbook supported by Fard Jamabandi OR copy of Khasra Girdawari in applicant’s name
Quotation of Solar Tubewell from the authorized dealer

Apply for JS Zarkhez Solar Tubewell Finance:

Step 1: Select your preferred Solar Energy Partner

Step 2: Visit nearest JS Bank designated branch & fill out the JS Zarkhez Application Form

Step 3: Complete document checklist upon approval

Step 4: Solar Tubewell, financed by JS Bank, will be installed by the supplier after completion of post-sanction formalities