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ZTBL provides Rs 35 Bn Credit for Agriculture Sector Development
Pakistan Times Commerce Desk


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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