Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular Letter No. 03 of 2015
March 02, 2015



The Presidents / CEOs,
All Banks/DFIs

Dear Sirs /Madams,

Payments of Mark up Rate Support for Textile Sector against Long Term Loans


Please refer to SMEFD Circular No.04 dated March 22, 2010 regarding the captioned subject.

2. In this connection, it is advised that Ministry of Textile Industry (MINTEX) has now released funds to make following payments during current financial year under above Scheme of the Government of Pakistan:

Mark up Rate Support for Textile Sector against Long Term Loans :
For the period 01-09-2011 to 28-02-2012.

3. Accordingly, the banks/DFIs may lodge claims for Mark up Support under above Scheme of the Government, for the period referred above, keeping in view the terms & conditions of Scheme. Duly completed claims as per formats attached with above Circular, may be lodged with the concerned offices of SBP-BSC (Bank) up-to March 31, 2015.

4. Each claim should invariably be accompanied with a duly attested copy of valid registration certificate of MINTEX. Earlier MINTEX has informed that to facilitate the banks, the list of units registered with said Ministry is available on the link http://www.rdacell.com/registration/Statistics.aspx . The banks can use this facility to check the authenticity of the certificate as well as their expiry date.


Yours faithfully,

Sd/-

(Ghulam Muhammad)
Director



       
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