In order to support Punjab Government efforts to increase agri. produce as well as to alleviate rural poverty among small and poor farming segment of the society, the Bank has decided to launch subject cited scheme across the Punjab Province.
The scheme is unique in terms of provision of subsidy (free of mark-up) by the Govt. of Punjab for provision of quality input loans to the farmers by facilitating them free of cost registration at Suhulat Centres to be maintained by Land Record Management Information System (LRMIS) in collaboration with Punjab Information Technology Board (PITB).
The disbursement of the loan would be made to the farmers through open mobile wallets of Telcos linked with Assan Account.
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