The scheme has been introduced with the objective to facilitate the tobacco growing community to get suitable price of their tobacco produce by value addition by setting-up Tobacco Barns.
Terms & Conditions
ZTBL Branches falling under Peshawar, Abbottabad, Mingora & Gujranwala Zones.
The creditworthy and reputable farmers having capacity to repay are eligible to get financing under the said scheme.
CNIC Copy, Loan Case File, Agri.Pass Book/Fard Jamabandi, 2 recent photographs.
|Maximum Loan Limit||
Rs.0.400 million per borrower/party.
10% of the loan amount will be deposited by the borrower as self-contribution.
Tangible properties owned by the borrowers and in case of non availability parents/family member’s property can be accepted as a co-applicant.
|Cost of Credit||
As per Bank’s rules.
The loan will be recoverable within 5 years in half yearly installments.
|Rate of Mark Up||
The prevailing rate of mark up on development loans is applicable.
The loan shall strictly be monitored by MCO/Manager of the concerned branch as per standing instructions of the Bank. Performance of the Branches/Zone in this respect will regularly be monitored by Credit Operations Department, ZTBL HO Islamabad.
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