| Description | Specific Product Details |
| Product Name | Askari Islamic Kissan White Pearl Financing |
| Underlying Mode |
For AIKWPF - 1: Musawamah For AIKWPF - 2: DM |
| Target Customer | Any individual/ entity directly involved in agribusiness (as per SBP agricultural PRs) |
| Purpose |
AIKWPF - 1:
|
| Financing Limit |
For AIKWPF - 1: As per assessed credit requirement of the applicant by the Bank For AIKWPF - 2: 80% cost of construction/Purchase of asset |
| Rentals/Pricing |
AIKWPF – 1: 3MK + 550bps AIKWPF - 2: 6MK + 550bps |
| Repayment by Customer | In equal quarterly/ half Yearly/Yearly/ at maturity or As per Facility Approval |
| Maximum Tenor |
AIKWPF - 1: Up to One Year AIKWPF - 2: Up to 10 Years (including grace period of up to 1 year) |
| Security/ Collateral |
Mortgage/ Charge on agriculture land through Zari Pass Book Or Registered/ Equitable of urban/ residential/ commercial property Or Pledge of duly discharged DSC (s)/ SSC (S)/ Banks’s own TDR/ Lien on deposit account |
