JS Hospital Financing, based on State Bank’s Refinance Facility for Combating COVID-19 (RFCC), is a loan facility for Hospitals and Medical centers who want to cater to the increased demand of healthcare services due to the recent outbreak of COVID-19. This financing facility allows hospitals and medical centers 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 (up to 60% cost of entire civil works)|
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.