Question:

What types of loans are provided to farmers by banks which are eligible from SBP?

by Guest22643165  |  8 years, 10 month(s) ago

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My brother is a farmer and belongs to south; he wants to know that what types of loans are provided to farmers by banks which are eligible from SBP? Can anyone answer my question?

 Tags: banks, eligible, farmers, Loans, provided, SBP, types

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1 ANSWERS

  1. Banking Expert
    Eligible from State bank of Pakistan banks are providing three types of loans; short-term (up to 18 months), medium-term (1.5 years to 5 years) and long-term (5 - 7years). While short-term loans are provided for working capital, medium and long-term loans are given for developmental requirements such as improvement and development of land, purchase of tractors and other agricultural machinery /equipments / implements related to farmland non-farm sector, etc.

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