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.
Current Accounts are based on the Islamic principle of Qard such that the Bank is the ’Borrower’ and the depositor is the ‘Lender’.
Salient Features:
The Salient features of the account are as follows:
Any benefits in money, kind, or services over and above the Principal amount are interpreted as Riba unless such benefits are admissible for all account holders without discrimination.
Eligibility Criteria:
The relationship between the Bank and the Customer holding Islamic saving accounts shall be based on the principles of Mudarabah, where the Customer is the Rab-ul-Mal and the Bank is the Mudarib. The Customer will not participate in the management or decisions concerning the investment of the Mudarabah funds and by signing the account opening form, the investor understands that he/she has given unrestricted rights to the Bank (Mudarib) to invest the funds.
Salient Features:
The salient features of the account are as follows:
Eligibility Criteria:
The relationship between the Bank and the Customer holding Islamic Business Deposit accounts shall be based on the principles of Mudarabah, where the Customer is the Rab-ul-Mal and the Bank is the Mudarib. The Customer will not participate in the management or decisions concerning the investment of the Mudarabah funds and by signing the account opening form, the investor understands that he/she has given unrestricted rights to the Bank (Mudarib) to invest the funds.
Salient Features:
The salient features of the account are as follows:
Eligibility Criteria:
To enhance the financial inclusion of the Agri community especially females, low and middle-income people, etc. Shariah Compliant investment portfolio Zarai Amadanai Certificate is launched to provide an investment opportunity for a period of 3 to 5 years at competitive rates of profit/income.
Underlying Contract:
The underlying agreement between the bank and the customer is Mudarabah. The customer (depositor) is Rab ul Maal (owner of the funds) and the bank is Mudarib (fund manager). The bank as Mudarib may invest funds received from customers and the profit earned on the funds will be distributed as per the agreed ratio.
Salient Features:
The salient features are as follows:
| Name of the Product | Zarai Amadani Certificate. |
| Underlying Islamic Mode | Mudarabah. |
| Acceptable Currency | Pak Rupees (PKR). |
| Type of Product | Saving Certificates. |
| Investment Amount | PKR 10,000. |
| Tenors (minimum and maximum) | 3 Years and 5 Years. |
| Profit Calculation Basis | Average Daily Balance. (Daily Product) |
| Periodicity of Profit Distribution | Monthly/Quarterly/Maturity Basis. |
| Target Customers | Females and farmer community. |
| Other Salient Features | i) Competitive Profit.
ii) Separate monthly weightages. |
The relationship between the Bank and the Customer holding Islamic Term Deposit Certificates shall be based on the principles of Mudarabah, where the Customer is the Rab-ul-Mal and the Bank is the Mudarib. The Customer will not participate in the management or decisions concerning the investment of the Mudarabah funds and by signing the account opening form, the investor understands that he/she has given unrestricted rights to the Bank (Mudarib) to invest the funds.
Salient Features:
The salient features of ITDC are as follows:
Eligibility criteria:
The relationship between the Bank and the Customer holding Special Islamic Term Deposit Certificates shall be based on the principles of Mudarabah, where the Customer is the Rab-ul-Mal and the Bank is the Mudarib. The Customer will not participate in the management or decisions concerning the investment of the Mudarabah funds and by signing the account opening form, the investor understands that he/she has given unrestricted rights to the Bank (Mudarib) to invest the funds.
Salient Features:
The salient features of the account are as follows:
Eligibility:
Only Individuals can open these accounts in Pak Rupee as single or joint accounts.
Transaction Limits / Turnover Total Debit per Month:
Rs. 500,000 Total Credit Balance Limit: Rs.1,000,000
Minimum Balance Requirement & Service Charges:
Only individuals can open these accounts in Pak Rupee as single or joint accounts.
Transaction Limits / Turnover Total Debit per Month:
Rs.500,000 Total Credit Balance Limit: Rs.1,000,000
Minimum Balance Requirement & Service Charges:
Basic Banking Account is based on the Islamic principle of Qard such that the Bank is the ’Borrower’ and the depositor is the ‘Lender’.
Salient Features:
The salient features of this account are as follows:
Eligibility:
Only Individuals can open these accounts in Pak Rupee as single or joint accounts.
