Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular Letter No. 3 of 2019
June 24, 2019

The Presidents/ CEOs,
All Banks/DFIs

Dear Sir/Madam,

Long Term Financing Facility (LTFF)/Islamic Long Term Financing Facility
(ILTFF) - Extension/Allocation of Limit

    As you are aware, LTFF/ILTFF limit sanctioned in favour of banks/DFIs for the year 2018-19 are due to expire on 30-06-2019. In order to ensure that financing facilities are available to borrowers till finalization of new limits under LTFF/ILTFF for the financial year 2019-20, it has been decided to continue the existing limit till fresh limits for FY 2019-20 are notified. Further, you are advised to furnish us following information latest by June 28, 2019 to enable us to finalize limits under LTFF/ILTFF for FY 2019-20:

  • Limit requirements for FY 2019-20 under LTFF/ILTFF; and
  • Limit request should be duly supported by borrower-wise details of cases being sanctioned, application(s) in process / details of LCs established and their expected date(s) of retirement.

Yours faithfully,

(Ghulam Muhammad)


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