Islamic Financing Facility for Storage of Agricultural Produce, based on State Bank of Pakistan’s Scheme, enables customers to avail long-term facility for the establishment, expansion & Balancing, Modernization & Replacement (BMR) of Steel/Metal/Concrete Silos, Warehouse & Cold Storage facilities for storing agriculture produce on concessionary rates
Scope & Eligibility Criteria:
Financing facilities shall be available for:
- All sectors of SME’s, corporate and commercial involved in agriculture sector.
- Purchase of new imported & locally manufactured plant & machinery, equipment and accessories thereof, to be used in Steel/Metal/Concrete Silos, Warehouses and Cold Storages.
- Purchase of new generators
- Up-to 65% cost of entire civil works.
Amount of Finance:
Financing shall be available to the extent of C&F value/ex-factory/ showroom price of the new imported or locally manufactured plant, machinery, equipment and accessories thereof.
