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Self Reliance & Development of Rural Punjab

The Punjab State Co-operative Agricultural Development Bank Limited, which was previously known as The Punjab State Co-operative Land Mortgage Bank Ltd., was registered on 26.02.1958, under the Cooperative Societies Act basically with the object to grant long term loans to the owners of land or other immovable property, to enable them to discharge their debts, to carry out Agricultural improvements, to acquire land for the formation of economic holdings and other like purposes and thereby to promote thrift and self help among them.



At the initial stage, the Bank had started functioning through the Central Cooperative Banks, by appointing them as its Agents. The Agency system was discontinued in the year 1962 when 14 Primary Cooperative Land Mortgage Banks , now known as Primary Cooperative Agricultural Development Banks came into existence and were affiliated to the Punjab State Co-operative Agricultural Development Bank, for the purpose of advancing long term loans to the farmers in the State.

The long term structure in the Punjab State, as such, is a Federal Structure with Punjab State Cooperative Agricultural Development Bank ( in short, SADB) as an Apex Institution with Primary Cooperative Agricultural Development Banks as its members (in short, PADB). At present, the number of the Primary Cooperative Agricultural Development Banks in the State is 89 besides two other members i.e. Punjab State Electricity Board and Punjab State Tubewell Corporation. Each PADB, while seeking membership to the SADB is required to purchase atleast, one share of the value of Rs. 1000/- and pay Rs. 1000/- as Admission Fee.


Initially the Bank started advancing loans for the purpose of Redemption and Purchase of land so as to make land holdings economically viable. After sometime, the Bank also started providing loans for the improvement of Banjar, Alkaline and Saline lands. Thereafter, the Bank played a substantial role in the mechanisation of farming in the State by advancing loans for the purchase of Tractors, Agricultural Implements and installation of Tubewells etc. The substantial contribution of this Bank in ushering in Green Revolution in the State, has always been considered significant. After the Green Revolution, the Bank played meaningful role for the diversification of agriculture loan by providing loans to the farmers for the various allied agricultural activities like Dairy, Poultry, Fishery etc. Now, Punjab is the largest producer of milk and SADB has made a major contribution to this achievement. Today, every third Tubewell installed in the State is financed by this Bank. Similarly, every fourth tractor in the State is financed by this Bank. The Bank has contributed significantly in White Revolution and Blue Revolution by providing loans for the purposes of Dairy and Inland Fishery.

At present the Bank is implementing the schemes for the following purposes :-

1. Installation of Tubewells.
2. Purchase of Tractors
3. Soil Conservation.
4. Horticulture and Grapes Cultivation
5. Reclamation of Alkaline Land
6. Dairy Development
7. Poultry Development
8. Animal Driven Carts
9. Farm Forestry(Poplar Plantation)
10.Inland Fishery Farms.
11.Installation of Bio-gas Plants.
12.Establishment of Broiler
13. Bee Keeping
14.Sheep Rearing
15. Mushroom Cultivation
16. Calf Rearing
17. Purchase of Threshers
18.Purchase of Agri. Implements.
19. Redemption of Mortgaged Land
20.Purchase of Land
21. Construction of Cattle Sheds/
22.Sand Scraping etc. Small Godowns
23. Non Farm Sector
25. Purchase of Second-hand Tractor
26.Rearing of Rabbits
27. Purchase of harvester combines
28. Rural Godowns


The Bank is also playing a vital role in elimination of unemployment in the State. For this purpose, the Bank provides gainful self employment to the educated unemployed youths for establishment of Dairy Units of 10, 20, 30 & 50 animals etc. and Poultry units of 2000 Birds with the cooperation of the Dairy Development Department Punjab and Department of Animal Husbandry, Punjab respectively.


Switched over to Non-Farm Sector in the year 1993 - 94 and started financing ventures of Self-Employment in Manufacturing, Processing and Service Activities.

  To generate self-employment and business expansion/diversification.

Major Activities


Agro-Processing, Milk Processing, Dairy Products, Fruit Processing, Floor Mills, Rice-Shellers and Oil Mills , Cattle Feed Plants, Cold Storage, Brick Kilns Hotels, Road-side Restaurants and Eating Joints, Computer Centers, Photostat, STD / PCO, Transport Vehicles, Tent Houses, Boring Machines, Agri-Clinics, Artificial Insemination Centers .

  New Ventures:
  Floriculture Rabbit Rearing Calf Rearing Drip Irrigation Agri-clinics / Agribusiness Centres Cold Storage Two Wheelers Sprinkler Irrigation Aonla development Bulgarian Roses Jasmine & Marigold Rural Godowns / Onion Godowns, Godowns cum Shed for storage of grains & parking of Agricultural Machinery Commercial Dairy Projects.

Rate of Interest on loans advanced by PADBs


Sr. No.

Loan Slab

Present Rate of Interest


Upto Rs. 50,000/-



Rs. 50,001 and above


Contact Information:-
  Contact Address (SADB) :

The Punjab State Cooperative Agricultural Development Bank Ltd. SCO 53-54, Sector 17-B, Chandigarh-160017

Tel No.:                                 

  Fax :                                       91-172-2705513
E-mail ID:- pscadb@glide.net.in