| Salient Features of BOP Digital Financing for Agriculture (Farm sector) |
| Purpose |
Digital Financing for Agriculture (Farm sector) is designed to support the small farmers for their Working capital requirement. This end to end digital solution offers financial support to farmers engaged in crop production. |
| Eligibility Criteria |
landholding/cultivation up to 12.5 Acres.
Valid CNIC Holder.
Clean E-CIB with “NIL” write off history. |
| Age Requirement |
Age 21- 65 years (Max. 65 years at time of maturity) |
| Target Market |
Individual farmers engaged in Crop Production. |
| Loan Size |
Min = Rs 100,000/-
Max = Rs 1,000,000/- |
| Loan Tenor |
Up to 3 years, charge documents shall also be signed digitally for 3 years |
| Pricing |
1 Year KIBOR + 9.99 % p.a |
| Security Requirement |
Personal Guarantee required without any tangible collateral. |
| Processing Fee |
As per SOC |