image Accessibility
(051) - 111 - 30 - 30 - 30

Tea Plantation, Processing, Packaging & Marketing

Tea is one of the three major non-alcoholic beverages used in the world, which was originally discovered in China. Currently tea industry has spread from China to the far corners of the world encompassing countries ranging from 30° latitude in the Southern Hemisphere (Kenya) to 45° latitude in the Northern Hemisphere (Georgia). The per capita consumption is more than 1.0 kg. Unfortunately, all tea consumed in Pakistan is imported from abroad. Tea is the third commodity after petroleum and edible oil on which our billions of expenditure has been spent annually. Moreover, in 2020, Pakistan was the leading tea-importing country in the world, with imports valued at approximately 590 million U.S. dollars.

Keeping in view all of the above facts, Bank is already providing loans to farmers to enhance the tea production of the country. Now, to make this initiative more fruitful, loaning facilities can also be provided on similar grounds for tea plantation, processing, packaging, and marketing. ZTBL will try to provide linkages to farmers for marketing of their produce either by contact with utility stores or supermarkets etc or by exploring suitable parties for buying packaged tea for further marketing.

Terms & Conditions:

Operational Jurisdiction The scheme would be applicable in all branches of Abbottabad & Mingora Zones.
Eligibility Criteria
  1. The creditworthy and reputable rural populace of the above areas is eligible to get financing under the scheme. The scheme will be effective in tea-growing areas only.
  2. Clear e-CIB Report from SBP.
  3. Obligor’s Risk Rating (ORR) up to 4.
Items to be Financed Inputs for Tea plantation (Seeds, fertilizers, etc.), Solar Dryer and  Packaging Materials, etc.
Documents Required CNIC Copy, Loan application, Agri. Pass Book/Fard Jamabandi & 2 recent photographs.
Maximum Loan Limit Up to Rs. 5.000 million per borrower/party.
Borrower’s Contribution 10% of project cost or the amount over and above the Bank’s maximum per borrower/party exposure of up to Rs. 1.500 million will be invested by the borrower towards the project as equity.
Collateral The loan would be secured against all types of securities acceptable to the Bank. In case of its non-availability, parents/family members’ security can be accepted as a co-applicant.
Cost of Credit As per Bank’s Rules.
Rate of Mark Up The prevailing rate of markup on development loans with a 3% rebate on timely repayment is applicable.
Sanction of Loan Loans under the scheme will be sanctioned by Central Loan Sanctioning Department (CLSD) up to Rs. 2.500 million and over & above by Head Office Credit Committee.
Disbursement of Loan After execution of legal documents loan would be disbursed through current account of the borrower in two phases. Sanctioned amount for tea cultivation & store room will be disbursed in first phase and loan sanctioned for solar dryer & packaging cost will be disbursed in 2nd phase after prompt checking of utilization of first loan.
Repayment Schedule The loan will be recovered within 10 years in annual installments with a grace period of 4 years.
Monitoring Close monitoring would be carried out by the respective Bank authorities.

jQuery(document).ready(function() { jQuery('a[href$=".jpg"], a[href$=".jpeg"], a[href$=".png"], a[href$=".gif"]').addClass('lightbox'); });