image Accessibility
(051) - 111 - 30 - 30 - 30

Digital Kissan Karobar Scheme (DKKS)

Digital marketing is one of the popular concepts and methodologies used in today’s business world. Digital marketing also called online marketing, is the promotion of brands to connect with potential customers using the Internet and other forms of digital communication.

The literacy rate of Gilgit-Baltistan is considerably high than other parts of the country and after the inception of 4G services across Gilgit-Baltistan, the tendency for the usage of internet services have been increased manifold. On the other hand, world top class fruits like cherry, almond, apricot, pine net, pear, etc are widely produced and the wastage ratio is more than 30% due to the non-availability of an adequate marketplace.

Therefore, to capture this opportunity and provide business and employment opportunities in far-flung villages of Gilgit-Baltistan by marketing their fresh/dry fruits by establishing virtual online shops, a financing product with the title of “Digital Kissan Karobar Scheme (DKKS)” has been introduced.

Terms & Conditions:

Operational Jurisdiction The scheme will be applicable in all branches falling under ZTBL Gilgit-Baltistan Zone.
Eligibility Criteria
  1. The creditworthy and reputable rural farmer with appropriate self-owned & self-possessed agri. land to cover the feasibility of the subject project is entitled to avail of the loan facility.
  2. An individual should be a resident of Gilgit-Baltistan and intends to increase their income through digital marketing/sale of their fresh/dry fruits by establishing a virtual/online Fruit Shop.
  3. Individuals should be within the age limit of 18-60 years.
  4. A Valid copy of CNIC.
  5. Clear e-CIB report from SBP.
  6. Obligors Risk Rating (ORR) up to 4.
Maximum Loan Limit The maximum loan limit under the scheme would be up to Rs. 2.500 million per borrower/party.
Borrower’s Contribution 10% of the loan amount will be deposited by the borrower as self-contribution or invested towards the project.
Collateral The loan would be secured against all types of tangible securities acceptable to the Bank. In case of its non-availability, the parent’s/family member’s security can be accepted as a co-applicant.
Cost of Credit As per Bank’s Rules.
Rate of Mark up The prevailing rate of markup on development loans would be applicable. However, a 3% rebate would be allowed on timely repayment.
Sanction of Loan Loans under the scheme would be sanctioned by Central Loans Sanctioning Department (CLSD).
Disbursement After execution of legal documents loan would be disbursed through the deposit account of the borrower.
Repayment Schedule The loan would be recovered within 5 years in half-yearly installments with a grace period of six (06) months.
Monitoring Close monitoring would be carried out by the respective MCO & Branch Manager.

jQuery(document).ready(function() { jQuery('a[href$=".jpg"], a[href$=".jpeg"], a[href$=".png"], a[href$=".gif"]').addClass('lightbox'); });