Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular No. 06 of 2015
February 23, 2015

The Presidents/ CEOs,
All Banks/DFIs

Dear Sirs/ Madams,

Export Finance Facility for Locally Manufactured Machinery (EFF-LMM) -
Re-fixation of Rates of Service Charges


   Please refer to IH&SMEFD Circular No. 04 dated January 03, 2013 regarding the captioned subject.

2. It has been decided that from the date of issuance of this circular, the rates of service charges for banks and rates for end users under the captioned Scheme shall be as under:-

Period of financing
Rate of Refinance
Banks’ Spread
End User’s Rate
Up-to 3 years
5.50%
2.00%
7.50%
Over 3 years and up-to 5 years
5.00 %
2.50%

3. Other instructions on the subject shall remain unchanged.


Yours faithfully,

Sd/-

(Ghulam Muhammad)
Director


       
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