The Punjab Government, under the leadership of Chief Minister Maryam Nawaz Sharif, has introduced the Punjab Interest-Free Loan for Agricultural Machinery 2025. This scheme, launched in collaboration with the Bank of Punjab, allows farmers to apply for loans of up to Rs. 30 million without any markup.
The initiative is aimed at helping farmers purchase modern agricultural machinery, increase crop productivity, and reduce dependence on costly traditional methods.
Why This Scheme Was Introduced
Agriculture is the backbone of Punjab’s economy, but many farmers cannot afford advanced equipment due to high costs. This program solves that by offering:
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Higher crop production with modern tools.
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Reduced farming costs through efficient machinery.
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Improved quality of produce for local and export markets.
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Boost to exports while cutting reliance on imports.
Eligibility Criteria for Punjab Interest-Free Loan 2025
Not every farmer can apply. The government has set strict rules to ensure transparency:
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Must own a tractor with more than 50 HP.
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Must have:
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25 acres of canal-irrigated land, OR
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50 acres of rainfed (barani) land (owned or rented).
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Must be a permanent resident of Punjab with a valid CNIC.
Required Documents
Applicants must prepare the following before applying:
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CNIC (Government of Pakistan issued).
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Proof of Punjab residency.
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Land ownership or rental agreement documents.
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Tractor details (HP proof).
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Rs. 100 stamp paper declaring eligibility.
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Completed loan application form.
How to Apply for Punjab Agricultural Machinery Loan
The application process will start soon. Here’s how it will work:
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Visit the Assistant Agriculture Engineer Field Office or the Assistant Director Agriculture Engineering Office in your district.
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Collect the application form.
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Fill in details including:
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Name & father’s name
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CNIC number
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Phone number
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Land details
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Loan requirements
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Attach all required documents.
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Submit the application along with the Rs. 100 stamp paper confirming eligibility.
Training for Farmers
Selected farmers will also get a one-day training session covering:
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How to operate new machinery.
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Maintenance and safety checks.
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Troubleshooting common issues.
Training will be supervised by district agriculture engineers to ensure farmers can use machinery effectively.
Loan Terms & Restrictions
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Maximum Loan: Rs. 30 million.
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Markup: 100% interest-free.
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Partnership: Punjab Government + Bank of Punjab.
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Restrictions: Machinery cannot be sold, transferred, or leased for 4 years.
Help & Contact Information
For queries and assistance, farmers can contact the Punjab Agriculture Helpline:
📞 0800-17000
🕒 Monday to Saturday, 8:00 AM – 8:00 PM
FAQs – Punjab Agricultural Machinery Loan 2025
Q1: What is the maximum loan amount?
Up to Rs. 30 million.
Q2: Who is eligible for the loan?
Farmers with a tractor above 50 HP and 25 acres canal-irrigated or 50 acres barani land.
Q3: Can rented land be used to qualify?
Yes, land can be rented for the required period.
Q4: Can I sell the machinery after purchase?
No, the machinery cannot be sold, leased, or transferred for 4 years.
Q5: Will farmers receive training?
Yes, a practical one-day training is provided by agriculture engineers.
Q6: Has the application process started?
Not yet. The government will announce the official start date soon.
Conclusion
The Punjab Interest-Free Loan for Agricultural Machinery 2025 is a groundbreaking initiative that will empower farmers with modern equipment, reduce production costs, and boost agricultural exports. Farmers should start preparing their documents and eligibility papers now to apply as soon as registration opens.