Askari Commercial Bank in collaboration with Saigol Qinqgi Motors will issue interest-free agricultural loans to small farmers for farm transport/motorcycle and other communication tools.
A Memorandum of Understanding was signed here in this regard by Kaleem-ur-Rehman, President, Askari Commercial Bank and Li Shu, Managing Director, Saigol Qinqgi Motors.
Under the agreement, field staff and dealers of Saigol Qinqgi will introduce desirous and reliable farmers to the Askari bank and help in ensuring the supply of required farm transport to the applicants.
This loan will be payable in 12 easy instalments. Joint efforts of Askari Bank and Saigol Qinqgi Motors will facilitate the farmers to meet their communication requirements. After sales service and provision of spare parts would also be ensured.