Islami Agri. Machinery / Equipment Finance


BankIslami is offering Islami Financing facilities for purchase of all kinds of Farm Machinery under Prime Minister’s Kamyab Jawan Program to Agri. farmers based on Islamic Mode of Financing under the principle of Diminishing Musharakah which enables farmers to purchase New Machinery / Equipment for the farm on subsidized rates to enhance yield and increase income.

اہم خصوصیات
  • Any kind of Machinery (local & imported) available in the market.
  • Tenure of Finance from 1 to 8 Years.
  • Financing up to 80% of the Asset Price.
  • Payment in easy installments on Monthly, Quarterly, Half Yearly or Annual basis based on cropping pattern / Business cycle.
  • Takaful of the Asset for full tenor of finance.
Basic Requirements:
  • Valid CNIC Holder
  • Age limit from 21 to 45 Years (at the time of application submission)
  • Self-cultivator – Must be owner of Agriculture Land / business.
  • Permanent Residence of the Area.
  • Clean Credit History (eCIB of applicant, co-applicant and Guarantors)
  • Recommended by Mills / Processing Unit, etc. (where required)
  • Submission of online application at selecting BankIslami as financier.
Documents required:
  • Copy of CNIC of applicant & Co-applicant
  • Copy of CNIC of Two References
  • 3 Passport size Photographs (Applicant & Co-applicant)
  • Quotation of Asset from a local dealer / manufacturer of Asset Tractor
  • Copy of Form VII-B (Sindh Province) Fard Jamabandi / Register Haqdaran e Zameen (Punjab, KPK & Balochistan).
  • Khasra Girdawari / Deh Form VIII
Profit Rate
Finance Amount Profit Rate
Up to Rs. 1.00 Million 3%
Above Rs. 1.00 Million to Rs. 10.00 Million 4%

  • Corporate Guarantee of the Mills / Processing Unit, etc.
  • Land
  • Urban / Commercial Property
  • Liquid security