Interest-Free Loans to Livestock Farmers
The Punjab government has launched a groundbreaking initiative to support livestock farmers by offering Interest-Free Loans to Livestock Farmers of up to Rs. 270,000. This program, aimed at boosting the livestock sector, has an allocated budget of Rs. 11 billion to ensure widespread benefit for cattle owners across the province. Visit Govt Info Hub for More Updates.
Loan Details and Eligibility Criteria
Under this scheme, livestock farmers can avail of interest-free loans ranging between Rs. 135,000 and Rs. 270,000 for a duration of four months. Eligible beneficiaries must meet the following criteria:
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- Possess a valid CNIC.
- Have a registered mobile SIM in their name.
- Own 5 to 10 male calves.
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Application Process
To facilitate farmers, facility desks have been established in all livestock hospitals. These desks are staffed with trained personnel who assist applicants in completing their applications through a specialized app.Farmers can also apply directly via SMS. Simply type PLC (space) CNIC number and send it to 8070. For additional assistance, individuals may contact the nearest animal hospital or dial the helpline at 0800-09211.
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Related FAQs
Q: Who is eligible for this interest-free loan?
A: Livestock farmers with 5 to 10 male calves, a valid CNIC, and a registered mobile SIM can apply.
Q: How can I apply for the loan?
A: Applications can be submitted through facility desks at livestock hospitals or via SMS by sending PLC (space) CNIC number to 8070.
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Q: What is the maximum loan amount I can receive?
A: The maximum loan amount under this scheme is Rs. 270,000.
Q: Is there a deadline to apply?
A: The Punjab government has not specified a deadline yet. Farmers are encouraged to apply early to secure their loans.
Q: What is the repayment period for the loan?
A: The loan repayment period is four months.
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