ZTBL

ZTBL building
:: Zarai Taraqiati Bank Limited::

Special Schemes for Gilgit-Baltistan

In order to reduce poverty in Gilgit-Baltistan area and enhance business activities for the populace, the following special products/schemes have been launched.

TERMS & CONDITIONS
Operational Jurisdiction: All branches in Gilgit-Baltistan Area
Eligibility The creditworthy and reputable farmers having capacity to repay the loans are eligible to get financing under the said scheme. Preference will be given to new borrowers who have already experience in the subject field. However, old farmers having good repayment behaviour and familiar with the captioned activity will be considered for such loan.
Documents Required CNIC Copy, Loan Case File, Agri.Pass Book/Fard Jamabandi & 2 recent photographs
Loanable Products & their maximum loan limit

Trout Farming:

Keeping in view scarcity of productive land in Gilgit-Baltistan, the existing requirement of land for fish pond has been relaxed from minimum 4 acres and maximum 10 acres to minimum 01 Kanal and maximum 08 Kanal. The maximum limit of the loan is Rs.1.500 million per borrower/party.

Yak Farming:

Animals reared for both meat & milk purposes have ample demand in the local market.
  1. The loan limit for Yak animal has been refixed as Rs.1,25,000/- per head.
  2. The loan limit for Calf of Yak animal has been fixed as Rs.40,000/- per head.
  3. Working capital for Yak animal has been fixed as Rs.10,000/- per head.

Seabuck Thorn Cultivation:

Various precious items like oil, jam and jelly are produced from the seeds of Seabuckthorn plant. It is grown on small scale but has cultivation potential in the area with scope for foreign exchange earning. Loan limit has been fixed as Rs.52,000/- per acre.

Hybrid poplar

Loan limit has been fixed Rs.1,20,000/- per acre.
Borrower's Contribution 10% of the loan amount be kept in the Deposit Account of the borrower which will be accounted for in the last loan installment
Collateral: Tangible properties and all acceptable forms of securities
Cost of Credit As per Bank's rule
Repayment Schedule Trout fish farming & seabuckthorn loans are recoverable within 5 years in equal yearly installments commencing after 2 years of 1st disbursement. Yak farming loans are recoverable within 5 years in half yearly installments with one year grace period. Hybrid Poplar loans are recoverable within 5 years in equal half yearly/yearly installments commencing after 3 years of 1st disbursement.
Rate of Mark Up: The prevailing Bank rate of mark up and incentive on timely repayment of loan is applicable.
Monitoring: Strict monitoring is exercised by ensuring checking of utilization by the MCO in 100% cases and sample checking of utilization by the Manager, Zonal Manager (Recovery) and Internal Auditor of the Bank.

Related Documents

Loan FAQs ( Urdu PDF 599KB )