Please refer to IH&SMEFD Circular No. 02 dated January 01, 2013 on the captioned subject.

2. It has been decided that mark-up rates for end users under SBP’s Long Term Financing Facility (LTFF) shall be 9.00% for a maximum period of financing up-to 10 years, with effect from July 01, 2014 till further instructions. However, spread of Participating Financial Institutions (PFIs) shall remain the same viz. 1.50%, 2.50% & 3.00% for financing up-to 3 years, 5 years & 10 years respectively without changing maximum rate for end users (viz 9.00%). SBP’s refinance rates will be adjusted accordingly for each term of financing.

3. Other instructions on the subject shall remain unchanged.