MCB Bank Pakistan

Purpose & Scope:

Aabiari Finance is for the purpose of improving & where possible conserving water since it is extremely vital for agriculture/crops production. Lining of channels and watercourses are conventional methods used to plug seepage of canal or river water, whereas construction of small reservoirs helps to save rain water or additional water inflows that may be available during periods of water sufficiency. The stored water helps irrigation in periods with inadequate water supply. Proper management of these conventional methods reduces costs and improves efficiency; in addition, the water surplus can be used for increasing cropped area. This also includes finance extended to farmers for the purpose of renewable energy especially solar tube well used for irrigation purposes & land development. SBP concessional refinance schemes (if applicable) are also applicable as per prevailing procedure and allied terms & conditions.

Salient Features:

The benefits of watercourse improvement are highlighted below. Other benefits of irrigation finance are linked with use of evolving water efficient technologies

Time saving in irrigation
Labor saving Increase in cropping intensity
Increase in cropped area
Increase in yield
Increase in net farm income

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