Bank is endeavoring to provide timely agricultural credit to meet the genuine & real needs of the farming community. In order to facilitate the farmers, it has been decided by the Competent Authority to introduce new Revolving Scheme which will help the farmers to have easy access towards credit with the facility of one-time documentation for three years period with one year clean-up, withdrawal of loan amount as per their credit requirements and deposit the same as and when funds are available with them.
The chief objective of this Scheme aims at adequate & timely financial support to the farmers for their input & working capital credit needs in a more flexible and cost effective manner with the facility of multiple operations of withdrawal of limit and repayment of loan.
Terms & Conditions
Operational Jurisdiction | All ZTBL Branches across the country. |
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Eligibility Criteria | The scheme primarily would cater to the financing requirements for working capital as well as input needs to all eligible fresh and existing farmers across the country. |
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Documents Required | CNIC copy, Loan Case File, Agri. Pass Book/ Fard Jamabandi, 2 recent photographs. |
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Fixation/Sanction of Credit Limit |
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Borrower’s Contribution | 10% of project cost or the amount will be invested by that borrower towards the project as equity. |
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Collateral | Agri. land in shape of Pass Book/Fard Jamabandi owned by borrowers and in case of its non-availability, parent’s/family member’s property can be accepted as a co-applicant. |
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Sanction of Loan | Loan will be sanctioned by CLSD, ZTBL Head Office upto the maximum extent of Rs. 0.700 million. |
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Disbursement/ Withdrawal of Limit |
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Rate of Mark Up/ Credit Charges |
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Repayment Schedule |
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Insurance | Insurance will be arranged as per features of Crop Loan Insurance Scheme (CLIS). |
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Reschedulement (Extension in Expiry Date) | In case of natural calamities affecting proceeds of crop, income of the farmers, re-schedulement can be allowed as per policy of the Bank, intimating the revised recovery schedule to the borrower under proper acknowledgement. |
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Monitoring | Close monitoring would be carried out by the respective Bank authorities. |