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Tahafuz-e-Ajnas Scheme (Product on Godown)

Small farmers do not have the economic strength to retain their produce with them till the market prices are congenial and favorable. Hence in order to promote the capacity building in the shape of storage & packaging facilities for farming community & to prevent the wastage of farm produce, the management of the Bank is pleased to introduce the titled scheme.

Terms & Conditions

Operational Jurisdiction The scheme will be applicable throughout the country where no restriction is imposed by Federal/Provincial Government.
  1. The creditworthy and reputable rural populace across the country, having capacity to repay, are eligible to get financing under the said scheme. Preference will be given to new borrowers. However, old borrowers having good repayment behavior and familiar with the captioned activity will also be considered for such loan.
  2. Clear e-CIB Report from SBP
  3. Obligor’s Risk Rating (ORR) upto 4
Documents Required CNIC Copy, Loan application, Agri. Pass Book/Fard Jamabandi & 2 recent photographs
Maximum Loan Limit Rs.5.000 million per borrower/party.
Collateral All tangible securities acceptable to the Bank.
Cost of Credit As per Bank’s rule.
Repayment Schedule Loan will be recovered within 10 years in half yearly installments commencing one year after the disbursement.
Rate of Mark Up The prevailing rate of mark up on development loans with 3% rebate on timely repayment of loan is applicable.
Borrower’s Contribution 10% of the loan amount will be deposited by the borrower as self-contribution.
Sanction of Loan Loan under the scheme will be sanctioned by Central Loan Sanctioning Department (CLSD) upto Rs. 2.500 million and over & above by Head Office Credit Committee.
Monitoring The loan shall strictly be monitored on monthly basis till completion of the Godown by MCO/Manager of the concerned branch and thereafter on half yearly basis if the borrower/party fails to repay the loan in time.