In the light of “Green Banking Guidelines of State Bank of Pakistan (SBP)” and “Green Banking Policy of ZTBL” following two Green Banking Products have been developed by the Bank which will help in mitigating the harsh effects of climate change on agriculture, to conserve the natural resources like water, soil energy etc. The name of products is as follows:
Soya Bean Cultivation:
Soya bean is one of the most important oilseed crops in the world. It is used in the food industry for flour, oil, margarine, cookies, biscuit, candy, milk, vegetable cheese, lecithin and many other products. Climate change has badly affected the production of all crops due to shortage of water, so there is a dire need to grow such alternate crops. Soya bean restores the nitrogen in the soil, enriches the soil nutrients so fewer fertilizers are used for the next crop. It is also drought resistant crop and can survive under less water availability.
Sesbania (Jantar) Fodder Cultivation:
Sesbania (Jantar) crop is a Green Banking Product as it is used as a green manure crop restores soil fertility, fixing nitrogen in the soil and improve soil organic matter. Jantar crop helps reclaim degraded land and make it productive again. Jantar is a research based action together for producing salt tolerant fodder which benefits the land to improve productivity and lessen salinity. Jantar is a drought tolerant crop and can be suggested in the countries like Pakistan facing water scarcity issues. It not only improves physical properties but also helps in meeting nitrogen requirement of succeeding crop. Researchers recommending Jantar crop in all climate sensitive areas of the country.
Keeping in view the facts explained above, Bank has introduced the subject scheme for the farmers living across the country.
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 | Upto Rs. 1.200 million per borrower/party. |
| Borrower’s Contribution | 10% of the loan amount will be deposited by the borrower as self-contribution. |
| Collateral | The loan would be secured against all types of securities acceptable to the Bank. |
| Cost of Credit | As per Bank’s Rules. |
| Rate of Mark Up | The prevailing rate of mark up on production loans is applicable with 3% rebate on timely repayment of loan. |
| Sanction of Loan | Loan under the scheme would be sanctioned by Central Loan Sanctioning Department upto Rs. 1.200 million. |
| Disbursement | After execution of legal documents loan would be disbursed through current account of the borrower. |
| Repayment Schedule |
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| Monitoring | Close monitoring would be carried out by the respective Bank authorities. |
