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Zarai Taraqiati Bank Limited (ZTBL) erstwhile Agricultural Development Bank of Pakistan (ADBP) is the premier financial institution geared towards the development of agriculture sector through provision of financial services and technical know how.
Zarai Taraqiati Bank Limited (ZTBL) erstwhile Agricultural Development Bank of Pakistan (ADBP) is the premier financial institution geared towards the development of agriculture sector through provision of financial services and technical know how.
In order to meet the demands/needs of farmers and agri-entrepreneurs, ZTBL strives to take initiatives in introducing innovative development/production schemes to help small farmers overcome their financial needs and earn a decent living for their families, food security issues and poverty alleviation among rural population.
Our deposit products range from Current/ Savings account, term deposits to meet your daily banking needs through our vast branch network spread across the country.
The premier financial institution geared towards the development of agriculture sector through provision of financial services and technical know-how.
Our wide Branch network of 501 Branches ( Conventional & Islamic) to meet your Banking needs within your vicinity.
Gilgit-Baltistan has been blessed with world top class delicious fruits like Cherry, Apricot, Apple, Pear, Almond etc. However, due to its geographical locality and perishability in nature, their shelf life is minimal and most of the fruits are marketed after dehydration process. Every year millions of tourists around the globe & domestic vicinities of Pakistan visit Gilgit-Baltistan and if farmers are encouraged to establish their own fresh/dry fruit shops in every nook & corner of the villages of Gilgit-Baltistan, this will lead to increase in their agriculture income.
Keeping in view of the above, the subject scheme has been introduced by the Bank.
1)Operational Jurisdiction |
The scheme will be applicable in all branches falling under ZTBL Gilgit-Baltistan Zone. |
| 2) Eligibility Criteria | i). Individual should be resident of Gilgit-Baltistan and having appropriate self-owned & self-possessed agri. land to cover the feasibility of subject project.
ii). Individual should be within the age limit of 18-60 years. iii). Valid copy of CNIC. iv). Clear e-CIB report from SBP. v). Obligors Risk Rating (ORR) up to 4.
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| 3) Maximum Loan Limit | The maximum loan limit under the scheme would be up to Rs. 2.500 million per borrower/party. |
| 4)Borrower’s Contribution | 10% of the loan amount will be deposited by the borrower as self-contribution or invested towards the project. |
| 5)Collateral | The loan would be secured against all types of tangible securities acceptable to the Bank. In case of its non-availability, parent’s/family member’s security can be accepted as a co-applicant. |
| 6)Cost of Credit | As per Bank’s Rules. |
| 7)Rate of Mark Up | The prevailing rate of mark up on development loans would be applicable. However, 3% rebate would be allowed on timely repayment. |
| 8)Sanction of Loan | Loan under the scheme would be sanctioned by Central Loans Sanctioning Department (CLSD). |
| 9) Disbursement of Loan | After execution of legal documents loan would be disbursed through deposit account of the borrower. |
| 11)Monitoring | Close monitoring would be carried out by the respective MCO & Branch Manager. |
