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ISLAMABAD:
Zarai Taraqiati Bank Limited (ZTBL) is providing Rs 35 billion
credit for the development of agriculture sector in the
Pakistan.
According to
official sources, this credit has been provided under
different schemes for the traditional and non-traditional
crops. ZTBL is providing credit to new borrowers and for new
projects on priority basis. It offers reduced markup for good
borrowers on timely repayments.
Supporting the
entire agricultural and farming sector to reach its full
economic and development potential, ZTBL is providing credit
for improvement in water management, augmentation of under
ground and surface water, farm machinery and equipment,
production of improved seeds, promoting cultivation of import
substitution and export oriented crops, marketing of
agricultural machinery and equipment etc.
In order to
facilitate the farmers, ZTBL provide loans under different
schemes such as One Window Operations, in which production
loans upto Rs.60,000/- are sanction on the spot. Under Micro
Credit Scheme, loans are provided for self employment
generation to alleviate poverty from the rural areas.
Revolving Finance
Scheme has been introduced to facilitate the farmers to
complete the documentation once in 3 years and get loans upto
Rs.500,000/-ZTBL aims at providing affordable and timely
credit to the rural population to achieve sustainable
agriculture growth in the country.
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