In order to facilitate the farmers to have easy access towards credit with the facility of one time documentation for three years period, withdrawal of loan amount as per their requirements and deposit the same as and when funds are available with them, Bank has revived Sada Bahar Scheme.
Terms & Conditions
Operational Jurisdiction | All ZTBL branches across the country. |
Eligibility | The scheme primarily caters to the financing requirements for working capital as well as input needs to all eligible fresh & existing farmers across the country. |
Fixation/Sanction of Credit Limit |
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Validity/Renewal |
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Documents Required | CNIC copy, Loan Case File, Agri. Pass Book/ Fard Jamabandi, 2 recent photographs. |
Loanable items | Inputs (Seed, fertilizers, pesticides/insecticides, POL, labour charges etc.) Working capital for Poultry, Dairy, Fishery & for Yak Farming |
Maximum Loan Limit | Rs.0.700 million per borrower/party. |
Collateral | Tangible properties and all other forms of securities acceptable to the Bank. |
Borrower’s Contribution | 10% of the loan amount will be deposited by the borrower as self-contribution. |
Cost of Credit | As per Bank’s policy for SBS. |
Revival of Limit | In case of non-repayment on agreed due date, the revolving limit would be ceased. Fresh request with new L.C No. with full charges would be considered by respective Branch Manager after clearance of all outstanding dues plus total accrued mark-up. Enhancement of limit in such cases shall not be allowed within the prescribed 3 years limits. |
Repayment Schedule |
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Rate of Mark Up | As per prevailing policy rate of Mark-up on SBS. |
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 Auditors of the Bank. |
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