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Incentive Schemes for SMEs & Other Sectors |
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Crop Loan Insurance Scheme |
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The scheme aims to mitigate the risk of losses of farming community due to natural calamities |
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It is applicable and mandatory for all agri. production loans of Banks/MFBs for five major crops i.e. wheat, cotton, rice, sugarcane and maize |
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Federal government bears the cost of premium per crop per season for eligible borrowers |
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Borrowers having landholding up to 25 acres (32 acres in case of Balochistan) are eligible under the scheme |
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The insurance covers natural calamities like excessive rain, hail-storm, frost, cyclone, flood, drought, and crop diseases, infestation, etc. |
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Click here for detailed features of the scheme |
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