Askari Kissan Evergreen Finance

Features Details
Product Type: Profit Earning Account
Eligibility: Pakistani resident (individual)
Security: Mortgaged charge on agricultural land through the Zari Pass Book
Profit Amount: Profit on credit balances will be paid on half yearly basis as declared by the bank on PLS savings accounts
Tenor: Yearly Basis
Markup: The mark-up is charged for the actual days the finance is utilized
  • A special cheque book is issued to the farmer
  • Automatic renewal upon adjustment of the entire principle amount with an annual mark-up
  • The account is farmer’s friendly in two ways. If the account is in credit, it earns profit, otherwise it provides instant finance to the farmer for his agricultural needs