Tractor and Water Pump Finance

Dealers for Tractor Finance through EBL

• Bhajuratna Engineering and Sales Ltd. (BES)
• M/s P. R. Traders & Suppliers P. Ltd.

Security

1. Tractor: Mortgage of land or building at least equiv. to loan amount.
2. Pump set: Rokka of land or building at least equiv. to loan amount.

In both case Fixed Deposits, government bond or financial guarantee of any bank or finance company that covers loan amount can also be accepted as security.

Loan Amount:

Maximum 80% of proposed tractor or pump set. (Not exceeding Rs.10.00 Lac)

Nature of Loan:

Fixed Term Loan

Tenure:

Maximum 5 years

Rate of Interest:

9.50% p.a. (Subject to change from time to time)

Moratorium Period: Maximum Period of 3 months.

Repayment

Equated Monthly Installment for Pump-set and for Tractor repayment shall constitute one installment in every 4 months.