Construction for Tube well

Thardeep Microfinance foundation extending its loan services to the individuals who want to install tube wells/ Turbines for utilizing underground water for agriculture purpose including cost of machine, Generators, Pipes, accessories and civil work.

Loan Eligibility
  • Age between 18 to 65 year
  • Valid CNIC of borrower
  • Valid CNIC of Guarantor
  • Must be a permanent resident of same place from last 2 years
  • Social/Tangible Guarantee as per policy
Lending MethodologyIndividual
Loan AmountMinimum Loan Amount: 25000

Maximum Loan Amount: 500000

Loan DurationMinimum: 12 months

Maximum: 36  Months

Repayment FrequencyLump-sum
Collateral/Tangible GuaranteeUp to Loan amount of Rs. 100,000

Requirement of Guarantor

Non-Family Member

Bank cheques and statement as per loan policy and procedure

Guarantor must be a Government employee or Market shop keeper

Disbursement and RecoveryBio metric disbursement in 1 to 3 days after the appraisal

Easy repayment through ADCS channel and Mobile account

InsuranceClient Life covered as per loan Amount