Last Updated on February 4, 2023 by Galaxy World
I am sharing here the Prime Minister’s Kisan Package 2022 Loan Scheme. The details are as under: It is big news for the farmers that the prime minister of Pakistan announces the Kisan package for the formers on agriculture loans because nowadays farmers are facing a very tough time. Due to severe economical situations in Pakistan, it is difficult for Farmers to bear the expenditures of growing crops. Moreover, Floods in Pakistan in the past year have left many lands barren. Floods ruined over a million of acres fields and left farmers empty-handed. To support our farmers and strengthen the economy Prime Minister announces the provision of interest-free loans to the agricultural community of Pakistan.
Loan Scheme Prime Minister’s Kisan Package 2022
Government of the Pakistan announces different packages for the farmers and youth. The government will provide Agriculture loans of more than 23 billion rupees to Farmers and youth. The main object of the scheme is to make farmers prosper. And as Pakistan is an agricultural land, the loan scheme also enforces our young generation to turn to agricultural businesses.
Loan Packages of Prime Minister’s Kisan Package
These Loan packages will be provided through Prime Minister’s Kisan Package
|Sr. No.||Category||Loan Package||Markup Rate|
|01||Mark Up Subsidy Scheme||06 Billion||0% markup|
|02||Markup Subsidy and Risk sharing scheme||10 Billion||07% Markup|
|03||Youth Business and Agriculture Loan Scheme||07 Billion||07% Markup|
|04||Interest-Free Loans and Risk Sharing Scheme||50 Crores||0% Markup|
Features of Prime Minister’s Kisan Package
- Loans of over Rs. 23 Billion will be provided
- 25 percent of loans are reserved for the women
- Easy terms and conditions
- Easy installments
- Zero mark for flood-prone areas
How to apply for the Kisan Packages?
For the application for Kisan packages, formers can visit online on www.pmyp.gov.pk
For the contact:
For the contact, formers must visit the nearest branch of the Agriculture Development Bank
Address: Head office 1, Faisal Avenue, Islamabad, UAN:111303030
Before this Prime Minister of Pakistan inaugurated the PM Youth Loan Scheme 2023 Business and Agriculture for the youth of Pakistan as well as the farmers of Pakistan.