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JS Zarkhez Tractor
Lease Finance

JS Zarkhez Tractor Lease Finance allows you to drive away with your favourite new tractor right away. The scheme offers you with ability to repay on a half yearly rental, based on cropping pattern & cash flows.


Financing: Between
Rs. 500,000/-
and Rs. 5,000,000/-

Tenor: Between 3 to 5 Years
with half-yearly
installments

Mark-up: 6 Month KIBOR + 6%
per annum (Floating rate)

Collateral: Tractor marked HPA to
JS Bank (only through
JS Bank’s Authorized vendors)

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

Equity: Minimum 10% of the financing amount (in case of no additional security - 20%)

Eligibility Criteria:

  • Farmer holding CNIC with maximum age of 65 years on expiry of lease 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 Tractor from the authorized dealer
  • Personal Guarantee (where applicable)

 

Apply for JS Zarkhez Tractor Lease Finance:

Step 1: Select your favorite tractor by visiting your nearest dealer

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

Step 3: Complete document checklist upon approval

Step 4: Drive away your favorite Tractor leased by JS Bank after completion of post sanction formalities