Please refer to SME&MFD Circular No. 22 dated November
30, 2006 and SMEFD Circular No. 06 dated March 09, 2009
along-with other instructions issued from time to time
on the captioned subject.
2. It has been decided that rate of refinance under the
Export Finance Scheme applicable for the month of November,
2009 and onward till further instructions shall be 7%
p.a. The commercial banks shall ensure that where financing
facilities are extended by them to the exporters for availing
refinance facilities under the Export Finance Scheme,
their maximum margin / spread does not exceed 1% p.a.
3. The financing facilities under Part-B (Export Sales)
of the Scheme for financing Locally Manufactured Machinery
shall also attract similar mark up rate structure.
4. Based on the above revision of rate, following benefit
will be allowed to exporters based on their export performance
against borrowing from SBP under Part-II of EFS as per
procedure laid down in SMEFD Circular No. 06 dated March
09, 2009:-