Please refer to IH&SMEFD Circular No. 06 dated March 12, 2013 along with other instructions issued from time to time on the captioned subject.

2. It is advised that mark up rate for the subject Facility shall be 7.5% for financing up-to 5 years as applicable under SBP’s Refinance Facility for Modernization of SMEs. However, the end-user rate will continue to be 2.75% per annum, while the difference i.e. 4.75% (SBP’s share) will be borne by Sindh Enterprise Development Fund.

3. All other terms and conditions of the scheme shall remain unchanged.