Submitted by adminkmbl on Thu, 03/11/2021 - 17:35
Livestock

Product Name

Khushhali Livestock Loan

Product Purpose

  • Insured perils Purchase of new animals (cows, buffaloes and bulls) for fattening, breeding and milking
  • Non Insured perils: goats, sheep, poultry and fisheries (non-insured) 
  • Free animal’s life Insurance  in case of death/ theft (applicable for insured perils only)

Loan Eligibility Criteria

  • Age: 20– 63 years
  • Age of animal to be purchase must be between 9 months and 7 years
  • Applicant willingness to tag the animal for insurance cover
  • Minimum 2 year experience of livestock keeping/ handling
  • Having at least 1 animal
  • NADRA CNIC/ SNIC/ NICOP holder

Tenure

3- 24 months for fattening and 3- 18 months for breeding & dairy

Repayment Options

  • Equal Monthly Installments
  • Monthly mark-up and principal at maturity

Collateral

  • Hypothecation
  • PDC/ Personal Guarantor

Loan Ticket  (minimum & maximum)

PKR 50,000 to PKR150,000

Service Charges

33% APR