Punjab Chief Minister Maryam Nawaz Sharif has announced the launch of the province’s first “Apna Kisan Bank”, which will provide farmers with interest-free loans of up to Rs1 crore. She also announced an increase in Kisan Card financing and reaffirmed the government’s commitment to implementing the wheat support price of Rs4,500 per maund.
Speaking on Wednesday, October 28, 2026, Maryam Nawaz unveiled several initiatives aimed at improving farmers’ access to financing and supporting agricultural production across Punjab.
Under the new loan scheme, farmers will be able to borrow up to Rs1 crore without paying interest. Loans of Rs3 crore will carry an interest rate of 2 per cent, while those of Rs5 crore will be available at an interest rate of 5 per cent.
The chief minister also announced an increase in the Kisan Card financing limit from Rs30,000 to Rs33,500 per acre, giving farmers an additional Rs3,500 per acre to meet their agricultural expenses.
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Maryam Nawaz further pledged to ensure that the wheat support price of Rs4,500 per 40-kilogram maund is implemented. The measure is intended to provide farmers with greater certainty as they prepare for the upcoming wheat procurement season.
In another announcement, the provincial government introduced a special package for olive cultivation. The initiative aims to encourage farmers to grow high-value crops and diversify agricultural production across Punjab.