Refinancing Facility for Modernization of SMEs

Purpose:

• To purchase / import of new machinery for BMR of existing SME units & setting up of new SME units and for purchase of new generators up to 500 KVA. In case of imported machinery, financing will be against LCs only.

Limit:

• Financing limit for Small Enterprises is Rs. 25 million and for Medium Enterprises is Rs. 200 million

Eligibility:

• SME borrowers as defined in SBP PRs.

Loan Amount:

• Imported machinery: up to C & F value
• Local manufactured machinery: ex-factory / showroom price.

Pricing:

• 6% p.a or as per latest SBP directives.

Tenor:

• Maximum 10 years (including maximum 06-month grace period)

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Markup Subsidy & Guarantee Facility for the Rice Husking Mills in Sindh

Purpose:

• Sindh Enterprise Development Fund (SEDF) in collaboration with SBP offering financing facility to rice husking mills in Sindh for modernization of existing unit or establishing new units.

Eligibility:

• Rice Husker in Sindh.

Loan Amount:

• Maximum Rs.10 million to single borrower.

Pricing:

• 2% p.a or as per latest SBP directives.

Tenor:

• Maximum 05 years (including maximum 06-month grace period).

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Financing Facility for Storage of Agricultural Produce (FFSAP)

Purpose:

• To encourage private sector for establishment, expansion and balancing, modernization & replacement (BMR) of Steel/Metal/Concrete Silos, Warehouses & Cold Storage facilities for storing agricultural produce

Eligibility:

• SME borrowers as per SBP PRs.

Loan Amount:

• Maximum Rs.500 million to a single project.

Pricing:

• 6% p.a or as per latest SBP directives.

Tenor:

• Maximum financing tenor is 7 years including grace period of up to 6 months​

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Financing Scheme for Renewable Energy

Purpose:

• Financing is availing to address challenge of energy shortage and climate change through promotion of renewable energy. Scheme is available under three categories.

Eligibility:

• Category-I : Financing is available for prospective sponsors, desirous of setting up renewable energy power projects with a capacity ranging from more than 1 MW and up-to 50 MW for their own use, selling of electricity to the national grid (including distribution companies) or combination of both.
• Category-II: Financing is available for prospective sponsors, desirous of installing renewable energy source-based projects/ solutions for generation of electricity up-to 1 MW for their own use and/or selling of electricity to the distribution company under NEPRA’s Net Metering Regulations
• Financing is available to Renewable Energy Investment Entities (RE-IEs) which are established to invest in renewable energy generation through installation of renewable energy projects/solutions of up to 5MWs, for selling electricity or leasing/ renting out/ selling on deferred payment renewable energy equipment to ultimate owners/ users.

Loan Amount:

• Category-I: PKR 06 billion for single project.
• Category-II: PKR 400 million for a single borrower.
• Category-III:Cumulative financing limit of a RE-IE is Rs. 2 billion.

Pricing:

• 6% p.a. or as per latest SBP directives

Tenor:

• Category-I: Maximum 12 years (including 02 years grace period).
• Category-II: Maximum 10 years (including 03 months grace period).
• Category-III: Maximum 10 years.

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Long Term Financing Facility (LTFF) for Plant & Machinery

Purpose:

• For local purchase and import of new plant, machinery, equipments and generator / captive power plant to promote export led industrial growth in the country.

Eligibility:

• Exports oriented projects for SBP prescribed sectors with annual export equivalent to USD 05 million or at least 50% of the sales whichever is lower.

Loan Amount:

• Financing limit per project is up to Rs. 5 billion

Pricing:

• 3% p.a or as per latest SBP directives.

Tenor:

• Maximum 10 years (including maximum 02 year grace period)

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Refinance Scheme for Working Capital Financing of Small Enterprises and Low-End Medium Enterprises

Purpose:

• To meet working capital requirements for sectors as prescribed by SBP.

Eligibility:

• All Small Enterprises as per SBP PRs.
• Medium Enterprises with annual sales with up to Rs.300 million.

Loan Amount:

• Small Enterprise: Up to Rs. 25 million.
• Medium Enterprise: Up to Rs.50 million.

Pricing:

• 6 percent p.a. for maximum tenor of 1 year.

Tenor:

• Maximum 01 year.

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Refinance & Credit Guarantee Scheme for Women Entrepreneurs

Purpose:

• To improve access to finance for women entrepreneurs in the underserved areas of the country for setting up new businesses or expansion of existing business.

Eligibility:

• All women entrepreneurs across the country

Loan Amount:

• Maximum Rs.5 million

Pricing:

• 5% p.a. or as per latest SBP directives

Tenor:

• Maximum 05 years (including maximum grace period of 06 months)

Note: Above mentioned information is subject to change as per SBP directive. For further information, please visit www.sbp.org.pk or visit nearest HBL branch.

Disclaimer

This is to inform you that the State Bank of Pakistan (SBP) will include two years’ history of negative / overdue information (including but not limited to overdue payments, late payments, write-off or reversal of mark-up etc.) in eCIB. You are, therefore, advised to ensure timely payment of your instalment/ Markup to avoid any adverse information being reported or reflected on your e-CIB​