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Tobacco Barn Financing Scheme

The scheme has been introduced with the objective to facilitate the tobacco-growing community to get suitable prices for their tobacco products by value addition by setting-up Tobacco Barns.

Terms & Conditions:

Operational Jurisdiction ZTBL Branches fall under Peshawar, Abbottabad, Mingora & Gujranwala Zones.
Eligibility The creditworthy and reputable farmers having the capacity to repay are eligible to get financing under the said scheme.
Documents Required CNIC Copy, Loan Application, Agri.Pass Book/Fard Jamamadi, 2 recent photographs.
Maximum Loan Limit Rs. 1.000 million per borrower/party.
Borrower’s Contribution 10% of the loan amount will be deposited by the borrower as self-contribution.
Collateral Tangible properties owned by the borrowers and in case of non-availability parents/family member’s property can be accepted as a co-applicant.
Cost of Credit As per Bank’s rules.
Repayment Schedule The loan will be recoverable within 5 years in half-yearly installments.
Rate of Mark Up The prevailing rate of markup on development loans with a 3% rebate on timely repayment is applicable.
Monitoring The loan shall strictly be monitored by the MCO/Manager of the concerned branch as per the standing instructions of the Bank. The performance of the Branches/Zone in this respect will regularly be monitored by Credit Operations Department, ZTBL HO Islamabad.