JS Hospital Financing, based on State Bank’s Refinance Facility for Combating COVID-19 (RFCC), is a loan facility for Hospitals, Medical Centers and entities planning to engage in manufacturing of medical equipment (mask/protective dresses/testing kits/hospital beds/ventilators and other medical items) who want to cater to increased demand of healthcare services due to the recent outbreak of COVID-19. This financing facility allows Hospitals, Medical Centers and entities planning to engage in manufacturing of medical equipment (mask/protective dresses/testing kits/hospital beds/ventilators and other medical items) to combat COVID – 19 to buy local /imported medical equipment so that they are fully prepared and adequately equipped to deliver quality services to the population of the country.
This finance facility is to be utilized for buying only new medical equipment by Hospitals & Medical Centers as per following list provided below:
|Ventilators||Testing Equipment and Testing Kits||Sterilization Equipment||Personal Protective Equipment||Surgical protective dresses|
|Surgical Sets||Examination beds||Oxygen cylinders||Oximeters||Bed screens & separators|
|Setting up of isolation ward|
|Registration with respective Provincial/Federal
|50 Bedded tertiary care hospital.|
|24 hours fully equipped emergency.||In house Laboratory facility including Radiology/ CT/MRI/Ultrasound/ angiography/ angioplasty.|
|ICU/CCU with ventilators attached to each bed||Operation theaters and OPD facility|
During the duration of facility disbursement until approval from SBP for the refinance facility, mark-up rate of 1-Month KIBOR+2% (floating) per annum would be applicable.
Late Payment Mark-up will be applicable at 1-Month KIBOR+3% (floating) per annum.