ZTBL

ZTBL building
:: Zarai Taraqiati Bank Limited::

SPECIAL PRODUCT-MILK CHILLING UNIT

Urdu Version
To streamline the milk collection and its delivery, it is imperative to finance the populace attached with the dairy business as otherwise these borrowers borrow money from traditional money lenders/other traditional sources. Therefore, apart from general loaning under the dairy head, above product has been launched.

TERMS & CONDITIONS
Operational Jurisdiction: i- Main Branch Gulistan-e-Johar, Karachi, Deh Tore, Fish Harbour, Ibrahim Hyderi & Memon Goath branches of Karachi Zone.
ii- Khudian, Kanganpur, Chunian, Pattoki, Kot Radha Kishan & Kasur branches under Lahore Zone.
Eligibility Populace engaged with the dairy business.However new borrowers are given preference and technical know how in the respective activity is an additional qualification
Documents Required CNIC Copy, Loan Case File, Agri.Pass Book/Fard Jamabandi, 2 recent photographs.
Maximum Loan Limit Rs.1.500 million per borrower/party.
Borrower's Contribution 10% of the loan amount wil be kept in the 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.
Cost of Credit As per Bank's Rules.
Repayment Schedule Recoverable within 5 years in equal quarterly installments with grace period of 3 months.
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 )