ACD
Circular No. 02 of 2008 |
January 31, 2008 |
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The Presidents / Chief Executive Officers
All Banks
Dear
Sirs / Madam,
Financing
Scheme for Small Farmers - Amendment
Please
refer to ACD Circular No. 01 dated 1st January, 2008
on the captioned subject.
In this regard, on representations from farming community
of Sindh & Balochistan, following amendments have
been made:-
1. For the purpose of farm credit, the eligibility
criteria of small farmers of Sindh
& Balochistan has been extended up to 16 &
32 acres of land respectively instead of 12.5 acres.
2. Working capital requirements under heading 2.5
may be read as “working capital and term finance
requirements.
3. The “NIC #” against Appendix I &
III may be substituted as “CNIC #”.
4. Other institutions of the scheme will remain unchanged.
Please acknowledge receipt.
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Yours
faithfully,
(Muhammad
Ashraf Khan)
Director
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