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JS / Business / Agriculture Finance / FFSAP (Financing Facility for Storage of Agriculture Produce) (SBP)

Features

Processing Fee & Charges - As per Bank’s updated SOC

Equity - Minimum 20% of the total solution quotation value

Tenor: Between 3 to 5 years

Financing Amount - 5 Million to 200 Million

Collateral:
Hypothecation/
mortgage of assets, Mortgage of Agricultural, rural, urban property (Commercial or residential), Pledge of SSC/DSC, lien on bank deposit

Markup rate: 6%

  • Pakistani National
  • Age: Maximum 65 years on expiry of the facility
  • Permanent resident of the Area
  • Must be residing within 45 kms radius of the financing branch
  • Satisfactory credit history of existing bank borrowings
  • Financial ability to afford and repay finance

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