(051) - 111 - 30 - 30 - 30

Markup Subsidy and Risk Sharing Scheme

Markup Subsidy and Risk Sharing Scheme for Farm Mechanization (MSRSSFM)

Operational Jurisdiction The scheme will be applicable in all ZTBL branches located across the country.
Eligibility Criteria
  1. All farmers engaged in agriculture crop production will be eligible as per Bank’s instructions.
  2. Clear e-CIB Report from SBP.
  3. Obligor’s Risk Rating (ORR) up to 4.
  4. Not a defaulter of ZTBL or any other Financial Institution.
Sectors & Products For purchase of the following new/used farm machinery:

  1. Tractor
  2. Thresher
  3. Harvester
  4. Planters
  5. Mobile Grain Dryer
  6. Solar Tube-wells
Required Documents
  1. Loan Application through the online portal of the Ministry of National Food Security & Research (MNFSR).
  2. Valid CNIC
  3. Agri. Passbook/Fard Jamamadi/Alienability Certificate
  4. Recent Photographs (2)
Maximum Loan Limit The maximum per borrower/party loan limit under the scheme would be up to Rs. 5.000 million.
Borrower’s Contribution 25% of the loan amount will be deposited by the borrower as self-contribution.
Rate of Markup The markup on loans @ 7% will be paid by the borrowers.
Collateral  The loan would be secured against all types of tangible securities acceptable to the Bank including.
Cost of Credit As per Bank’s Rules.
Repayment of Loan Loans would be recovered within 08 years with 6 months grace period, after the first disbursement of the loan.
Monitoring Monitoring of the scheme will jointly be done by the respective Bank authorities SBP and MNSFR.