The Scheme
- SBP has introduced the Scheme to encourage Private Sector to establish Silos, Warehouse and Cold Storages in order to enhance storage capacity and develop agricultural produce marketing
Salient Features
- Financing is available for establishment/expansion/BMR of Silos, Warehouses and Cold Storage facilities for storing agricultural produce
- Financing is available for local purchase/import of newplant and machinery/new generators used in Silos/Warehouses/Cold Storages. Further, up to 65% cost of civil works is also eligible under the Scheme
- Financing is available to the extent of C&F Value/ex-factory/show room price of plant, machinery, generators etc.
- Maximum Financing to a single project is Rs. 500Mn under the Scheme
- Principal amount of loans is repayable in quarterly/half yearly instalments after prescribed grace period, if any. Markup is payable on quarterly basis
Tenor of Financing
- The facility is available for a maximum period of 10 years including a maximum grace period of 6 months
Markup Rates
- Financing is available at markup rate of 6 percen per annum
