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Khushaal Kissan Scheme

Keeping in view the importance of agriculture, Faysal Bank has introduced “Khushaal
Kissan Scheme” to play its role in the development of agriculture in Pakistan. Following
agriculture finance facilities are provided by Faysal Bank under the scheme.

Production Loans:
Production loans are offered to meet the input and other working capital requirements for
farming, orchards / Nursery, tunnel farming, storage of raw material, transportation,
grading and packing etc by farmers.

Development Loans:
Development loans are offered for the purchase of tractors, trailers, thrashers, ploughs,
cultivators, laser levelers, combine harvesters, processing machinery, pickup and mini
trucks for agricultural use. The product is also designed to meet the cost of installation of
tubewells, turbine, transformers, land leveling, soil improvement, land reclamation, Seed
processing units and for godowns and cold storages.

Livestock:
To meet the fixed cost and working capital requirements for cattle farming, cattle feed
units, dairy farming, poultry farming, poultry feed units and fish farming.

Note: Financial facilities for all other purposes as detailed in SBP’s list of eligible items for Agricultural
Credit are also available.

Features:

 There is no maximum limit prescribed for finance. Limit to be determined on


the basis of actual business needs and available collateral.
 Tenors are flexible depending upon nature of business, generally ranging from
one to five years.
 Pricing will be generally linked with KIBOR as follows:
 For facilities upto one year: 6MK+ upto 5% p.a.
 For facilities upto three years: 6MK+ upto 5.5% p.a.
 For facilities upto five years: 6MK+ upto 6% p.a.
Processing Charges:

Fresh Facilities (One Time Processing Fee)

Upto Rs.1.00 M 0.15% min Rs.500/-


Above Rs.1.00 M to Rs.10.00 M 0.13% min Rs.1,500/-
Above Rs.10.00 M 0.11% min Rs.13,000/-
Renewal Fee

Upto Rs.1.00 M Rs.500/-


Above Rs.1.00 M to Rs.10.00 M Rs.1,500/-
Above Rs.10.00 M Rs.3,000/-

Securities:
Security package includes either one or a combination of more than one of the
following.

1. Charge on Agri Land through Agricultural Pass Book issued by the Revenue
Department.
2. Registered / Equitable Mortgage of residential / commercial / Industrial
property located in rural & urban areas.
3. Liquid Assets - Govt. Securities / National Saving Certificates (DSC’s, SSC’s
etc.), Bank Deposits, Certificates of Deposit / Certificates of Investment,
Unconditional & Demand Bank Guarantees subject to conditions laid down in
Prudential Regulations for Agricultural Financing.
4. Registration of Tractors, Trucks and other vehicles in the Joint names of FBL
and the customer or sole name of FBL.
5. Hypothecation / Trust Receipt of Livestock / Machinery and other moveable
assets and charge on Book debts / receivables PLUS either of the items 1, 2, 3
& 4 as above.
6. Two Personal Guarantees (on case to case basis)
Documentation Requirement:

 Prescribed Application Form alongwith 2 photographs and copy of CNIC of


customer and copies of CNIC of guarantors where applicable.
 Updated Zari Pass Book, 3 years average sale price, property documents (need
based) i.e. Fard Jamabandi / copy of Mutation / estimated value of the project etc.
 Naqal Khasra Girdawari (for farm credit)
 3 Quotations for machinery / tube wells and all Agri implements etc (for tractors
one quotation of approved dealer)
 Feasibility report required (in case of project financing)

Following branches are engaged in Agricultural Financing.

Branch Name Contact Number


Bahawalpur Branch 92-62-2730691-94
Burewala Branch 92-67-3359331-334
Dera Ghazi Khan Branch 92-642-468769-72
Faisalabad-Civil Lines Branch 92-041-2644481-84
Faisalabad-D Ground Branch 92-041-8730403, 8730443
Faisalabad-Ghulam Muhammad Abad Branch 92-041-2691262, 2699162
Faisalabad-Liaqat Road Branch 92-041-2617403-08, 627808
Gujranwala Branch 92-55-3730301-3
Gujrat Branch 92-53-3536781-4
Jhang Branch 92-047-7650650, 7626590
Kharian Branch 92-537-536068-70
Lahore-Allama Iqbal Town Branch 92-42-5437006-10
Lahore-Bedian Road Branch 92-42-5720254
Lahore-Shahdara Branch 92-42-7902501-508
Lahore-Thokar Niaz Baig Branch 92-42-5304392
Multan-Bosan Road Branch 92-61-6214902-13
Multan-Old Bahawalpur Road Branch 92-61-4784491-94
Multan-Qaddafi Chowk Branch 92-61-6784276-81
Okara Branch 92-44-2551773
Peshawar – City Branch 92-091-2593827, 2591876
Rahim Yar Khan Branch 92-68-5889413-15
Sadiqabad Branch 92-68-5702440
Sahiwal Branch 92-040-4224060-61
Sargodha Branch 92-48-9230793-4
Sialkot Branch 92-432-292501-3
Vehari Branch 92-067-3366401, 3366491