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Temporary Economic Refinance FacilityTemporary Economic Refinance Facility

Temporary Economic Refinance Facility

Bank Alfalah offers the State Bank of Pakistan’s Temporary Economic Refinance Facility (TERF) to support sustainable economic growth especially in the backdrop of challenges being faced by the industry in post-pandemic scenario. Businesses can avail long term finance facility for purchase of new imported and locally manufactured plant & machinery for setting of new projects.

  • Maximum Financing Limit: PKR 5 billion per project
  • Tenor: Financing is available for a maximum of 10 years including grace period of up to 2 years
  • Markup rate: Maximum 5% per annum
  • Markup Repayment: Quarterly/Half-yearly basis
  • Validity of this facility: 31st March, 2021

Letter of Credits/ Inland letter of credits established prior to issuance of the schemes but retired/ to be retired after March 17, 2020 will also be eligible for this refinance.

For Quick Access, Contact Us:
Email: sme.helpdesk@bankalfalah.com / smesupport.covid19@bankalfalah.com
Call: +92 300 432 4007/ 111 225 111
Reach someone helpful 24/7111-225-111