Agri. Financing Scheme for “Floriculture & Green Houses”

In order to promote the floriculture & green houses in Pakistan and to facilitate the rural community to utilize their best potential and skill to earn their livelihood through flower & off-season vegetable cultivation, this exclusive scheme has been launched by the Bank. This will also help in reduction of unemployment among rural masses.

Terms & Conditions

Operational Jurisdiction

All ZTBL branches across Pakistan.

Eligibility Criteria

All creditworthy and reputable farmers engaged in flowers and vegetables    cultivation are eligible to apply for credit under this scheme. However, old borrowers having good repayment behavior and familiar with the above activity would also be considered for such loan.

Documents Required

CNIC Copy, Loan Case File, Agri.Pass Book/Fard Jamabandi, 2 recent photographs.

Maximum Loan Limit

Rs.1.500 million per borrower/party.

Borrower’s Contribution

10% of the loan amount will be deposited by the borrower as self contribution.

Collateral

Tangible properties owned by the borrowers as per policy of the Bank.

Cost of Credit

As per Bank’s Rules.

Repayment Schedule

Loans under the scheme would be recoverable as under:-

  1. Loan for Rose cultivation would be recoverable within five years in half-yearly installments with one-year grace period.
  2. Loan for Tube Roses & Gladiolus cultivation would be recoverable within five years in half yearly installments with six months grace period.
  3. Loan for Tunnel Farming and Green houses would be recoverable within five years in half yearly installment with one-year grace period.
Rate of Mark Up

The prevailing rate of mark up on development loans is applicable.

Monitoring

Close monitoring would be carried out on monthly basis by respective Zonal Chief and Credit Operations Department, ZTBL Head Office, Islamabad.

Sending & Receiving Money

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