Accessibility
Accessibility
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.
Bank is endeavoring to provide timely agricultural credit to meet the genuine & real needs of the farming community. To facilitate the farmers, it has been decided by the Competent Authority to introduce a new Revolving Scheme which will help the farmers to have easy access to credit with the facility of one-time documentation for three years period with one-year clean-up, withdrawal of loan amount as per their credit requirements and deposit the same as and when funds are available with them.
The chief objective of this Scheme aims at adequate & timely financial support to the farmers for their input & working capital credit needs more flexibly and cost-effectively with the facility of multiple operations of withdrawal of limit and repayment of the loan.
Terms & Conditions:
| Operational Jurisdiction | All ZTBL Branches across the country. | |||||||||||||||
| Eligibility Criteria | The scheme primarily would cater to the financing requirements for working capital as well as an input needs to all eligible fresh and existing farmers across the country. | |||||||||||||||
| Documents Required | CNIC copy, Loan Application, Agri. Pass Book/ Fard Jamabandi, 2 recent photographs. | |||||||||||||||
| Fixation/Sanction of Credit Limit |
|
|||||||||||||||
| Borrower’s Contribution | 10% of the project cost or the amount will be invested by that borrower towards the project as equity. | |||||||||||||||
| Collateral | Agri. land in the shape of Pass Book/Fard Jamabandi owned by borrowers and in case of its non-availability, the parent’s/family member’s property can be accepted as a co-applicant. | |||||||||||||||
| Sanction of Loan | The loan will be sanctioned by CLSD, ZTBL Head Office up to the maximum extent of Rs. 1.200 million. | |||||||||||||||
| Disbursement/ Withdrawal of Limit |
|
|||||||||||||||
| Rate of Mark Up/ Credit Charges |
|
|||||||||||||||
| Repayment Schedule | Repayment of Mark-up in cash for different crops and working capital will be done as per the following frequency;
Repayment of the Principal Amount in cash will be on annual basis and should fall on the last working day of the previous month (e.g; 28th Feb, 31st March, 30th April, etc.) |
|||||||||||||||
| Insurance | Insurance will be arranged as per features of the Crop Loan Insurance Scheme (CLIS). | |||||||||||||||
| Reschedulement (Extension in Expiry Date) | In case of natural calamities affecting the proceeds of the crop, and income of the farmers, re-schedule meant can be allowed as per the policy of the Bank, intimating the revised recovery schedule to the borrower under proper acknowledgment. | |||||||||||||||
| Monitoring | Close monitoring would be carried out by the respective Bank authorities. |
