Despite technological advancements and rapid growth of industrial sector, agriculture is still the back bone of Pakistan's economy. It contributes 22% towards GDP and employs nearly 45% of country's labour force. It provides raw material for industrial products. So it has both pull & push effect on the economy.

Water plays vital role to improve per acre yield. Out of total 31 million hectors area of Pakistan, 22 million hectors is cultivated while 9 million hectors is culturable waste mainly due to non-availability of water. More over increase in water supply being a key input is required to raise cropping intensity and hence the income of the farmer. Since inception ZTBL financed over 143000 Tubewells amounting to Rs.15 billion. For raising irrigated area to accelerate the economic growth and to facilitate the farmers ZTBL has signed collaboration agreement with M/s KSB Pumps Company Limited (Company) on 28^th May, 2007.

	ZTBL will disburse Rs.6 billion to the farmers for installation of 30,000 Tubewells/Turbines during the next five years.
	KSB Pumps Company will provide quality machinery/equipment for efficient pumping of water.
	The company shall also provide after sale service including replacement of parts/availability of spares etc. through its network of dealers.
	The company agreed to allow warranty period of one year.

ELIGIBILITY: Farmers of atleast 3 acres land holding will be eligible to avail financing under the scheme provided loan proposal is feasible
Terms & condition for loan under "SAIRAB PAKISTAN SCHEME"
Type of Security		Agri. Land/ Other Tangible Security
Equity Contribution		25%
Cost of Credit
	LA Form	Rs. 20/-
	Postal Charges	RS. 50/- P.A .
	Appraisal Fee	1%
	Mark-up	9% PA with 1% rebate on timely repayment
Recovery Period		5 years in half yearly installments with one year grace period
Maximum Loan Limit		Rs. 1 Milliion per case