Please refer to IH&SMEFD Circular No. 06 dated March 12, 2013 and IH&SMEFD Circular Letter No. 02 dated May 05, 2016 along with other instructions issued from time to time on the captioned subject.

In this regard, as advised by Sindh Enterprise Development Fund (SEDF), the end user rate under the scheme has been reduced to 2% per annum with effect from July 01, 2017. Further, participating financial institutions’ (PFIs) margin has been enhanced to 4.75% per annum out of which 2.75% per annum will be borne by SEDF. Likewise, SBP’s refinance rate of 2% per annum will also be borne by SEDF.

Other terms and conditions shall remain the same.