Traditional modes of cultivation viz Bullocks, Camels,
horses etc can no longer keep pace with the demands
of present times due to manifold increase in the population.
Power in the form of modern technology is therefore
the need of the hour. To meet this emergent requirement,
Askari Bank has launched a Askari Kissan Tractor Finance
to bring power to the fields.
Salient Features of the Program are:
This program has been designed to benefit the owner as
well as non-owner farmers.
The farmer will have privilege of availing non-funded
facility at a reduced cost under this program on account
of more equity participation.
Although the facility is available for a period of five
years. However, good farmer bonus will be available to the
borrower in case the loan is repaid as per terms of sanction.
Priority in delivery of tractor will be given by manufacturer
as per arrangements with the bank.
The farmer’s life & tractor will be insured
against contingencies, which will provide comfort and piece
of mind.
