Pakistan’s government launched a digital platform called ‘Zarkhizi’ to provide farmers loans up to Rs10 lakh. The app allows farmers to apply digitally, and approved applications are sent to their chosen bank for processing.
Under the scheme, 75% of the financing will be provided as agricultural goods through bank-approved vendors. Farmers will also receive advisory services via the Land Information Management System (LIMS) to improve crop production.
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The government is offering a 10% first-loss coverage and Rs10,000 operational cost subsidy to encourage banks to finance small farmers. This initiative aims to increase loan access for smallholders and support national food security.
Federal Minister for Finance, Senator Mohammad Aurangzeb, said the platform eases loan access for small farmers and supports agricultural development. State Bank Governor Jameel Ahmed added that the digital system removes barriers and ensures timely, accessible financing.
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Pakistan Banks Association Chairman Zafar Masood said the banking sector is committed to implementing Zarkhizi nationwide. The app is now available on Google Play, and farmers can get digital onboarding support at any nearby bank branch.