Features
Financing limit - Minimum: Rs.1 million.
Maximum: Small Enterprises Up to Rs. 25 million | Medium Enterprises Up to Rs. 200 million
Financing Tenors - Financing up to 10 Years including grace period of 6 months
- Subsidized markup rate of 6% per annum, based on SP refinance scheme.
- Installment repayment in equal monthly installments.
- During the duration of facility disbursement until approval from SBP for the refinance facility, a markup rate of 1Month KIBOR+2% (floating) per annum would Be applicable
- 20% minimum equity contribution is required under JS Taraqi SME Loan
- Land, gold, or any other tangible collateral as per the bank’s policy.
- Insurance is applicable on collateral offered as security e,g, property, equipment, machinery and is offered through reputable insurance partners.
- Pakistani National
- Maximum age of 60 years
- Operating in business for at least 3 years with sufficient business knowledge
All SBP schemes are subject to:
- Continuity by SBP
- Availability of cushion in Limit assigned to Bank
Terms and Conditions of every Scheme