ZTBL has launched Crop Loan Insurance scheme (CLIS) as per instructions of Government/ SBP. The main features of this scheme are listed hereunder:-
All branches of the Bank throughout the country.
Premium will be charged @ 1.3% (inclusive of all taxes and levies) of loan sanctioned for Rabi and Kharif crops separately. Bank will pay the premium for subsistence farmers and will get reimbursement from the Government on half yearly basis.
Maximum loan limit Insured :
Rs. 500,000 in an individual case.
Production loan for agreed crops of each season (Rabi & Kharif) for which premium is paid.