Circulars/Notifications - Agricultural Credit Department  

 ACD Circular No. 02 of 2008
January 31, 2008  


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.


Yours faithfully,

(Muhammad Ashraf Khan)
Director

 
       
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