Breaking News: Khushhali Bank Offers PKR 3 Million Solar Tube Well Loan Scheme
The Khushhali Bank 30 Lakh Solar Tube Well Loan is one of Pakistan’s most beneficial agriculture financing schemes designed to support farmers in reducing irrigation costs, increasing crop productivity, and shifting toward clean solar energy. With rising electricity prices, expensive diesel, and increasing operational costs, thousands of farmers are now searching for affordable solutions to run their tube wells.
To empower farmers and promote sustainable agriculture, Khushhali Microfinance Bank is offering Solar Tube Well Loan up to PKR 3 Million (30 Lakh) with easy installments, flexible tenure, and simple documentation.
This detailed guide covers everything including loan limit, eligibility, interest rate, markup, monthly installments, required documents, age limits, processing time, repayment, and FAQs so farmers can easily apply and benefit from the scheme.
What Is the Khushhali Bank Solar Tube Well Loan? – Solar Tube Well Loan Overview
The Khushhali Bank Solar Tube Well Loan is a specialized agriculture financing program that provides up to PKR 3 million to farmers for installing solar-powered tube wells. These tube wells reduce dependency on electricity and diesel, improving irrigation efficiency and crop yield.
The loan comes under the State Bank of Pakistan (SBP) refinance scheme (Sunwai Program), making it accessible and affordable for small and medium farmers across Pakistan.
Benefits of Khushhali Bank Solar Tube Well Loan – Key Features
The Solar Tube Well Loan Scheme 2025 by Khushhali Microfinance Bank brings multiple benefits for farmers:
1. Loan Limit Up to PKR 3 Million (30 Lakh)
Farmers can finance the full installation of a solar tube well system including:
- Solar panels
- Pump
- Inverter
- Wiring
- Installation cost
2. Easy Loan Tenure (6 to 36 Months)
The loan can be repaid in:
- Minimum: 6 months
- Maximum: 36 months
3. Age Eligibility 20–68 Years
Farmers within this age bracket can apply easily.
4. SBP Supported Scheme
The scheme follows SBP’s Sunwai Program guidelines, making markup affordable.
5. Low Operational Cost
Solar tube wells save farmers from:
- High diesel prices
- Unpredictable electricity supply
- High monthly bills
6. Increased Crop Productivity
With consistent irrigation, farmers achieve:
- Better crop yield
- High profitability
- Improved land fertility
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Why Choose Solar Tube Well? – Solar Tube Well Benefits for Farmers
Installing a solar tube well system significantly improves farming operations:
✔ Zero Electricity Bill
Solar systems run without WAPDA, reducing monthly expenses completely.
✔ 10–25 Year Lifespan
Solar panels are long-lasting and require minimal maintenance.
✔ Stable Water Supply
Continuous irrigation increases crop growth, especially for:
- Wheat
- Rice
- Sugarcane
- Vegetables
- Orchards
✔ Environment-Friendly Solution
A solar-powered tube well does not pollute and supports green farming.
Eligibility Criteria – Who Can Apply for the Solar Tube Well Loan?
Farmers must meet the following requirements:
1. Age Requirement
- Minimum: 20 years
- Maximum: 68 years
2. Farming Background
Applicant must be:
- A landowner, or
- A permanent cultivator (thekedar/sharecropper)
3. Satisfactory Credit History
Borrowers must not have any default history.
4. Ability to Pay Installments
The bank evaluates income and land production capacity.
5. Valid CNIC & Residence Proof
CNIC must be valid and address must match home district.
Required Documents – Solar Tube Well Loan Documentation
Farmers need the following documents:
- Copy of CNIC
- 2 Passport Size Photos
- Land Ownership Documents / Fard / Registry
- Latest Crop Record (Girdawari)
- Income Proof of Farming
- Electricity Bill (if available)
- Estimate/Quotation of Solar Tube Well System
- Bank Statement (if required)
Additional documents may be needed depending on applicant profile.
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Loan Limit & Markup – Solar Tube Well Loan Details
✔ Maximum Loan Amount: PKR 3,000,000 (30 Lakh)
✔ Loan Tenure: 6 to 36 months
✔ Repayment Method: Monthly/Quarterly
✔ Markup Rate: As per SBP Sunwai Scheme (reduced rate)
✔ Processing Time: 7–15 working days
(After verification and appraisal)
How to Apply for Khushhali Bank Solar Tube Well Loan? – Step-by-Step Guide
Applying is simple and easy. Follow the steps below:
Step 1: Visit Khushhali Microfinance Bank Branch
Find your nearest branch through:
🌐 www.khushhalibank.com.pk
Step 2: Submit Required Documents
Provide CNIC, land documents, and solar system quotation.
Step 3: Bank Verification
The bank will check:
- Land records
- Farming income
- Credit history
Step 4: Loan Approval & Agreement
After approval, you will sign the loan agreement.
Step 5: Solar System Installation
Once the loan is disbursed, installation begins immediately.
Solar Tube Well System Cost in Pakistan – Estimated Price for Farmers
A typical 5HP–15HP solar tube well system costs:
| Tube Well Capacity | Estimated Cost (PKR) |
|---|---|
| 5 HP Solar Tube Well | 700,000 – 900,000 |
| 7.5 HP System | 1,100,000 – 1,400,000 |
| 10 HP System | 1,800,000 – 2,200,000 |
| 15 HP System | 2,500,000 – 3,000,000 |
This makes the PKR 3 Million Loan perfect for all system sizes.
Benefits of Taking Solar Tube Well Loan Instead of Paying Cash
Many farmers prefer the loan because:
✔ Easy Monthly Installments
You don’t have to pay the full amount at once.
✔ Crop Cycle-Based Profit
Farmers can pay installments after harvest.
✔ No Fuel Expense
Savings help repay the loan faster.
✔ Increased Farm Profitability
With stable irrigation, crops grow healthier.
Who Should Apply? – Ideal Farmers for Solar Tube Well Financing
- Small & medium farmers
- Tube well owners facing high diesel bills
- Farmers with unreliable electricity
- Orchard growers needing long hours of water
- Vegetable growers needing regular irrigation
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Official Website for More Details
🔗 https://sunwai.sbp.org.pk
🔗 www.khushhalibank.com.pk
☎ 051-111-047-047
FAQs – Khushhali Bank Solar Tube Well Loan 2025:
Q1: What is the maximum loan amount?
The maximum loan limit is PKR 3,000,000 (30 Lakh).
Q2: What is the age limit for applicants?
Farmers aged 20 to 68 years can apply.
Q3: Is this scheme available in all Pakistan?
Yes, Khushhali Bank branches operate nationwide.
Q4: How long does loan approval take?
Loan approval usually takes 7–15 working days.
Q5: Do I need land ownership to apply?
Yes, either land ownership or tenancy documents are required.
Q6: What is the loan tenure?
The loan can be repaid in 6 to 36 months.
Q7: Can I install any solar brand with this loan?
Yes, you can choose any reliable solar company and submit its quotation.
Q8: Is markup low for farmers?
Yes, because the loan falls under the SBP refinance scheme.
Q9: Are solar tube wells durable?
Solar systems last 10 to 25 years and require minimal maintenance.
Q10: Can I apply online?
You cannot apply online directly, but you can contact the bank for guidance.
