About Us


To promote economic interest of member cooperators by facilitating easy access to credit.


To become best agricultural and rural development bank in the country in terms of promoting economic interest of its members through technology adoption and  human resource development.


The Punjab State Co-operative Agricultural Development Bank Limited, was previously known as The Punjab State Co-operative Land Mortgage Bank Ltd. and was registered on 26.02.1958, under the Cooperative Societies Act, basically with the object to grant long term loans to the owners of the land or other immovable property so as to enable them to discharge their debts, to carry out agricultural improvements and to acquire land for the formation of economic holdings and other purposes so as 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 then-The Punjab State Co-operative Agricultural Development Bank, for the purpose of advancing long term loans to the farmers in the State. At present, the number of the Primary Cooperative Agricultural Development Banks in the State is 89.

The long term structure in the Punjab state is a federal one with The Punjab State Cooperative Agricultural Development Bank (in short, SADB) as an Apex Institution and 89 Primary Cooperative Agricultural Development Banks as its members (in short, PADB).


The Bank avails refinance from NABARD for advancing loans to the borrowers. Initially the Bank started advancing loans for the purpose of Redemption and Purchase of land so as to make the land holdings economically viable. Later on, 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 the Green Revolution in the State, has always been considered significant. After the Green Revolution, the Bank played a meaningful role in the diversification of agriculture by providing loans to the farmers for the various allied agricultural activities like Dairy, Poultry, Fishery etc.. The Bank has contributed significantly in ushering in the White Revolution and Blue Revolution by providing loans for the purposes of Dairy and Inland Fishery.

At present, the Bank advances loans for various schemes and Non Farm Sector activities.