21/01/2026
Through this partnership, SLIC has integrated with ZTBL’s Zarkhez-e-Asan Digital Zarai Qarza Scheme, linking life insurance coverage directly to loan obligations. The initiative provides protection against unforeseen events, strengthening borrower security while supporting stability within the formal credit system.
Mr. Shoaib Javed Hussain, CEO, State Life Insurance Corporation of Pakistan, stated:
“SLIC continues its journey of providing innovative solutions to enhance protection within Pakistan’s farming and agricultural ecosystem. This agreement extends life insurance coverage to eligible ZTBL agricultural borrowers, ensuring that families are protected from financial burden in the event of an untimely loss of life. By linking insurance with credit, the initiative supports borrower protection while strengthening confidence in the formal financial system."
On the occasion, Mr Tahir Yaqoob Bhatti, President/CEO of ZTBL remarked, “The insurance coverage will be applicable across all ZTBL branches nationwide, including conventional and Islamic banking operations, and will remain valid for one year from the date of loan disbursement, with coverage commencing upon transfer of the applicable premium. The initiative represents a practical and scalable approach to borrower protection, aligned with national priorities related to financial inclusion, social protection, and systemic financial stability.”
ZTBL - Zarai Taraqiati Bank Limited
