Kharif crops: ZTBL begins disbursement of loans

RECORDER REPORT

LAHORE: Zarai Taraqiati Bank Limited (ZTBL) has started disbursement of agricultural credit for Kharif crops through One Window Operation.

A spokesman of Punjab Agriculture Department has advised farmers to benefit by the facility of loan disbursement through One Window Operation and purchase agricultural inputs for Kharif crops in time to get more income.

He said that the farmers holding up to 25 acres irrigated and 50 acres Barani land are eligible to get loan through Pass Book System.

For this purpose, Mobile Credit Officer will receive applications every Monday at Markaz level and the bank will issue the loan within three days.

According to the spokesman, the department is paying special attention to the availability of quality seed and promotion of mechanized farming so that maximum area could be brought under cultivation for increasing agricultural production.

An aggressive campaign through print and electronic media has also been launched by Directorate of Agricultural Information Punjab to educate growers about this facility of loan disbursement and its effective utilization.