SBP Financing Schemes

Refinancing Facility For Modernization For SMEs

Purpose:

  • Financing shall be available for purchase of new imported/local plant and machinery for BMR of existing units and setting up new SME units.
  • Financing shall also be available for import /local purchase of new generators up-to a maximum capacity of 500 KVA under the Scheme

Sample Sectors:


  • Rice Husking
  • Cotton Ginning
  • Power Looms
  • Dairy & Livestock
  • Cutlery & Stainless Utensils
  • Surgical Instruments
  • Marble & Granite
  • Engineering Goods (Electronics)
  • Fisheries
  • Packaging/Processing of Fruits/Vegetables
  • Furniture
  • Sports Goods
  • Agro-based Industry

Mark-up rate

6.00% per annum or as per latest SBP directives

Tenor of Loan

Facility is available up to 10 years depending upon feasibility of project.

 
 

Export Financing Scheme

Purpose:

In order to encourage exporters to achieve maximum exports, SBP allows financing to exporters at special rates. Financing is available for exports of manufacturing goods and services especially value added products.

Eligible Sectors:

Direct/Indirect Exporters including Manufacturers, Trading Companies and New Exporters.

Mark-up rate

SBP Refinance Rate +2% for SMEs

Tenor Of Loan

The tenor of the facility is up to 180 days

 
 

Financing Facility For Storage Of Agricultural Produce

Purpose:

For establishment /expansion/BMR of Silos, warehouses & cold Storages facilities for storing agricultural produce, purchase of new generators for meeting in-house energy requirements of Silos /Warehouses/Cold Storages.

Eligible Sectors:

All SMEs are eligible

Mark-up rate

6.00% per annum or as per latest SBP directives

Tenor Of Loan

Up to 7 years depending upon feasibility of project

 
 

Long Term Financing Facility For Plant & Machinery

Purpose:

  • Financing is available to the export oriented projects only having annual exports equivalent to US$ 5 million or 50% of sales, whichever is lower.
  • Financing also available to new projects on the basis of projected exports. New projects are required to meet the minimum export target of LTFF (annual export equivalent to US$ 5 million or 50% of sales, whichever is lower) on staggered basis in four years.

Sample Sectors:


  • Textile And Garments
  • Rice Processing
  • Leather & Leather Products
  • Sports Goods
  • Surgical Instruments
  • Fisheries
  • Poultry & Meat
  • Fruits/Vegetables & Processing, Cereals
  • I.T-Software & Services
  • Marble & Granite
  • Pharmaceutical
  • Engineering Goods
  • Carpets & Wools

Mark-up rate


Tenor Mark Up
Up-to 3 years SBP Refinance Rate + 1.50%
Over 3 years and up to 5 years SBP Refinance Rate + 2.50%
Over 5 years and up to 10 years SBP Refinance Rate + 3.00%

Tenor Of Loan

Up to 10 years depending upon feasibility of project

 
 

SBP Financing Scheme for Renewable Energy

The scheme is available for power generated by using alternative / renewable energy sources i.e. solar, wind, hydro, biogas, bio-fuels, bagasse cogeneration, and geothermal as fuel. Scheme is available under two categories:

  • Prospective sponsors, desirous of setting up renewable energy power projects with a capacity ranging from more than 1 MW and up-to 50 MW , who have completed prescribed requirements of Alternative Energy Development Board (AEDB) and other relevant Government Department / Authority, in compliance with the prevalent Renewable Energy Policy of the Government of Pakistan.

    1. Financing shall be available for projects achieving financial closure up-to June 30, 2019 only.
    2. Refinancing would be provided for up-to 100% of financing with a cap of PKR 6.000 Billion for a single Renewable Energy Project.
    3. Financing shall be available for maximum period of twelve years including maximum grace period of two years from the date of disbursement.
    4. The rates of service charge at which SBP will provide refinance to the Banks/DFIs shall be fixed for the entire duration of the loan.
      Tenor Rate of Finance Bank / DFI’s Rate End User’s Rate
      Up to 12 years 2.00% 4.00% 6.00%
    5. Principal amount of loans shall be repayable in quarterly or half year installments after prescribed grace period.
    6. Second hand machinery shall not be eligible under the scheme.
    7. Other terms and conditions as per Bank’s Policy & SBP regulations/instructions.
  • Consumers willing to install facility using renewable energy source for generation of electricity ranging from 4 KW to 1000 KW (0.004 MW to 1 MW) for own use and/or for supply to the distribution company as per the rules set by NEPRA (Alternate & Renewable Energy) Distributed Generation and Net Metering Regulations, 2015.
    1. Financing shall be available for projects achieving financial closure up-to June 30, 2019 only.
    2. Financing shall be available for maximum period of ten years with no grace period.
    3. The rates of service charge at which SBP will provide refinance to the Banks/DFIs shall be fixed for the entire duration of the loan.
    4. The rates of service charge at which SBP will provide refinance to the Banks/DFIs shall be fixed for the entire duration of the loan.
      Tenor Rate of Finance Bank / DFI’s Rate End User’s Rate
      Up to 10 years 2.00% 4.00% 6.00%
    5. Principal amount of loans shall be repayable in quarterly or half year installments.
    6. Other terms and conditions as per Bank’s Policy & SBP regulations/instructions.

Policy for the Promotion of SME Finance by State Bank of Pakistan (SBP)

 

Please click here to download

 
 

For any further details, please access any of our 265+ nationwide branches, in close proximity to your location where our Branch Manager/Credit Officer will assist you.

UAN: 111-766-374
Phone Banking: 111-SONERI (766374)
Website: www.soneribank.com