Modernize & Mechanize Your Farm Operations for Better Crop Yield & Marketing of Agriculture Produce.
Bank AL Habib offers Farm Development Financing Scheme For mechanization of farm, development of farm infrastructure, better water management solutions, Installation of efficient Irrigation systems/ solar system, plantation of orchards, storage of farm produce, modernization of ware house facilities, etc.
This scheme includes financial support for purchase of tractors, tractor-mounted and tractor driven implements/machinery combine harvesters, lasers land levelers and other implements/machinery to be used for agriculture purposes. It also includes on site and off site infrastructure development.Working capital for stocks and term finance facilities for construction of godowns, Silos or sitting up of cold storage for agriculture produce/ commodities are also available
- Financing availability for 1 to 5 years’ tenure according to the specific purpose.
- One time documentation for complete tenure of loan.
- Setting of easy installment repayment schedule (frequency) as per repayment capacity of borrower and business/ crop cycle.
- No charges on balloon payments/ early settlements.