Financing is available for Local Purchases/ Import of New Machinery for BMR of Existing SME Units and setting up of New SMEs Units and for purchase of New Generators.
1) Financing available only against LC in case of purchase of imported plant and machinery
2) Financing available to the extent of C&F value of imported new plant and machinery and ex-factory/ show room price of local plant and machinery.
Rate of Mark up: End user rate is 6%. Up to 100% Refinance by SBP @ 2%.
Financing tenor: Maximum financing tenor is up to 10 years, including grace period of up to six months.
Collateral: As per Credit Policy of the bank