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JS / Business / Agriculture Finance / JS Zarkhez Tractor Lease Finance

JS Zarkhez Tractor
Lease Finance

JS Zarkhez Tractor Lease Finance allows you to drive away with your favorite 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