In order to promote the floriculture & green houses in Pakistan and to facilitate the rural community to utilize their best potential and skill to earn their livelihood through flower & off-season vegetable cultivation, this exclusive scheme has been launched by the Bank. This will also help in reduction of unemployment among rural masses.
Terms & Conditions
Operational Jurisdiction | All ZTBL branches across Pakistan. |
Eligibility Criteria |
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Documents Required | CNIC Copy, Loan application, Agri.Pass Book/Fard Jamabandi, 2 recent photographs |
Maximum Loan Limit | Rs. 5.000 million per borrower/party. |
Borrower’s Contribution | 10% of the loan amount will be deposited by the borrower as self contribution. |
Collateral | Tangible properties owned by the borrowers as per policy of the Bank. |
Cost of Credit | As per Bank’s Rules. |
Repayment Schedule | Loans under the scheme would be recoverable as under:-
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Rate of Mark Up | The prevailing rate of mark up on development loans with 3% rebate on timely repayment is applicable. |
Sanction of Loan | Loan under the scheme will be sanctioned by Central Loan Sanctioning Department (CLSD) upto Rs. 2.500 million and over & above by Head Office Credit Committee. |
Monitoring | Close monitoring would be carried out on monthly basis by respective Zonal Chief and Credit Operations Department, ZTBL Head Office, Islamabad. |