* Concessional Financing and Guarantee Scheme for Canola Cultivation in Flood Affected Area

In line with the policy of Federal Government SBP ZTBL has launched a “Concessional Financing and Guarantee Scheme” for the current financial year 2010-11 in following flood affected areas:-

Salient feature of the scheme:-

Scope/ Eligibility criteria:	All categories of farmers (owner, owner-cum-tenant and tenant) of the specified areas are eligible for agricultural loans under the Scheme. Branches shall provide agri. loans to farmers as per Bank's credit policy and SBP regulations. Production loans would be provided under One Window Scheme as well as through General Credit Scheme in branches as it is one time arrangement without involving revolving limit on the pattern of Sada Bahar/Awami Zarai Schemes. Branches would arrange for the insurance of loan cases provided under the scheme to avoid risk of losses due to natural calamities. The loan would be processed under scheme during current Rabi season up to expiry of the sowing period of the canola crop as per local conditions
Security:	The loan would be secured against the acceptable forms of security as per policy of the Bank. The surety loans would be advanced up to Rs.25,000/- per borrower against two sureties as per standing instructions of the Bank.
Sanction of Loans:	Production loans upto Rs. 0.500 million would be sanctioned by the Managers. In case the amount of loan to be sanctioned including amount of loan(s) outstanding exceeds Rs.0.500 million the loan would be sanctioned by the respective Zonal Chief .
Legal Documentation	Legal documentation would be executed as per type of security and system to be followed according to standing instructions of the Bank.
Disbursement:	The sanctioned loan would be disbursed in cash through current deposit account of the borrower.
Rate of Mark-up	Mark up rate to be charged from the borrower at 8% per annum and in case of default 9% per annum would be charged from 08.06.2011 till its repayment/closure of loan case.
Repayment of Loans to SBP:	Principal amount of loans under the scheme shall have to be repaid on the agreed date between bank and the borrower.
Utilization:	MCO would check the utilization in each and every case within 30 days of disbursement. In case the loan case is declared as misutilized this would be recalled in lump sum as per Bank's instructions. Random rechecking of utilization would be done as per standing instructions.
Monitoring:	All concerned Branch Managers, Zonal Chiefs and SVP, Credit Operations Department ZTBL HO Islamabad will be responsible for overall monitoring of the scheme so as to ensure the achievement of given targets and compliance of all the terms & conditions of the SBP scheme.
Shamsi Tawanai Scheme- Solar Pump Asan Qarza Scheme Tawanai Bachat Scheme- Bio gas Unit Khawateen Rozgar Scheme Re-Financing Scheme for Flood Affected Areas Kissan Dost Scheme(KDS) Special Product-Milk Chilling Unit Special Schemes for Gilgit-Baltistan Canola Re-financing Scheme ZTBL Model Village establishment Financing package for Karachi Crop Insurance Scheme Crop Maximization Project- II Green Revolution Scheme One Window Operations/ Zarkhaiz Scheme White Revolution Scheme- ZTBL & PDDC White Revolution Scheme- ZTBL & Nestlé Sada Bahar Scheme (SBS) Awami Zarai Scheme- AZS (Farm Credit) Awami Zarai Scheme- AZS (Non-Farm Credit) Rural Development Scheme Red Meat financing package for sheep/ goat rearers