Home/ Banking/ Rural-Banking/ Financing-against-Liquid-Securities
The credit facilities against liquid securities offers value proposition to customers in an optimal way. Lending against cash backed collateral / liquid security remains an attractive option for customers who desire to obtain short to medium term financing to bridge their individual / business liquidity needs without liquidating their own cash or cash equivalent assets.
- Running Finance & Term Credit Facility
- Tenure 3 years for Running Finance and up to 5 years for Term Finance
- Repayments are monthly/quarterly
- The applicant shall be a resident of Pakistan residing/working at the same place continuously for 3 years.
- The applicant must be holder of valid CNIC/SNIC
- The age of the borrower shall be between 21 years to 65 years
- The applicant himself shall be a genuine farmer engaged in cultivation & possession of Agri land (Owned or Leased)
- The applicant shall not be a defaulter of any bank/Financial institution.
- The applicant shall be able to provide acceptable collateral as per bank’s requirement
- Copy of CNIC/SNIC
- One passport size photograph of the applicant
- Facility will be secured against liquid security (Deposit –Certificates – Bonds)
- Other documents if required
Please visit our nearest Agri designated Branch.
