Punjab Agri bank
The Punjab State Co-operative Agricultural Development Bank Limited, previously known as The Punjab State Co-operative Land Mortgage Bank Ltd.The Bank avails refinance from NABARD for advancing loans to the borrowers. Initially the Bank advanced loans for Redemption and Purchase of land so as to make the land holdings economically viable. Later on, it provided loans for the improvement of Banjar, Alkaline and Saline lands. Thereafter, the Bank played a substantial role in farm mechanisation in the state by advancing loans for the purchase of Tractors, Agricultural Implements, installation of Tubewells etc. Bank contributed substantially in ushering the Green Revolution in the State. After the Green Revolution, it played a meaningful role in diversification of agriculture by providing loans for the various agricultural allied activities like Dairy, Poultry, Fishery etc. It has contributed significantly in ushering in the White and Blue Revolution.
0172 – 5011708