SBP introduces this refinance facility for the establishment, expansion and BMR (Balancing, Modernization & Replacement) of Storage facilities for agricultural produce.
Salient Features:
- IFFSAP shall be financed through Diminishing Musharakah mode.
- Maximum tenor of financing for SMEs is 10 years including grace period of up-to 6 months and for other than SMEs is 07 years including grace period of up-to 6 months
- Refinance Rate: 6.00%