ZTBL

ZTBL building
:: Zarai Taraqiati Bank Limited::

ASAN QARZA SCHEME

Urdu Version
In order to engage youth in national development, who form major segment of rural population in Pakistan and to raise their living standard and check their migration to urban areas, it has been decided to launch “Asan Qarza Scheme”.

TERMS & CONDITIONS
Operational Jurisdiction: All ZTBL branches across Pakistan.
Eligibility All creditworthy & reputable youth with age limit from 18-35 years having capacity to repay are eligible to apply for a large number of activities under this scheme.
Documents Required CNIC Copy, Loan Case File, Agri.Pass Book/Fard Jamabandi, 2 recent photographs.
Maximum Loan Limit Rs.0.200 million per borrower/party.
Borrower’s Contribution 10% of the loan amount will be kept in Deposit Account of the borrower which will be accounted for in the last loan installment.
Collateral: Tangible properties owned by the borrowers as per policy of the Bank. In case rural youth have no security their parents/family member’s property can be accepted as a co-applicant.
Repayment Schedule The loan is recoverable within 5 years in half yearly installments.
Rate of Mark Up: The prevailing rate of mark up on development loan is applicable.
Monitoring: Strict monitoring is exercised by ensuring checking of utilization by the MCO in 100% cases and sample checking of utilization by the Manager, Zonal Manager (Recovery) and Internal Auditor of the Bank.

Related Documents

Loan FAQs ( Urdu PDF 599KB )