The role of agriculture in Pakistan economy is of pivotal
nature. Due to diverse geographical and climatic conditions
the country has tremendous potential for growth and
development in agriculture. However, adequate and timely
financial assistance to the farmers will improve production
potential of agriculture sector in the country. The
modern concept of agricultural credit envisages establishment
of an efficient institutional credit system to serve
as a package of credit, supplies and knowledge for the
overall strength of the farmers who at present suffer
from low productivity and financial insecurity. A successful
credit evaluation system, therefore, should have the
basic ingredients to provide adequate amount at the
right time and in the right form to help farmers in
making a productive use of loan funds.
ASKARI KISSAN AGRICULTURE FINANCE PROGRAM
The Askari Kissan Agri Finance Program (AKAFP) has been
designed to meet ON FARM / OFF FARM credit requirements of
farmers on the most convenient, flexible, easy terms and conditions.
The program features:
A broad array of credit lines designed to meet farming
requirements.
Repay and borrow at your convenience on revolving credit
basis at lowest mark-up rates renewal able after three years.
Convenient repayment terms based on cash flow abilities.
Availability of leased Tractors / Transport without Land
/ Collateral.
No Hidden Cost.
Availability of interest free package for inputs and
tractors etc.
No Pre-adjustment penalties.
Earn prompt payment Bonuses and reduce financial costs.
Insurance cover of leased assets, animals, crops and
life assurance of borrowers.
