The Bank of Punjab (BOP)

Islamic Financing Facility for Storage of Agricultural Produce

Loan Limit Range

PKR 500K - 500M

Markup Rate

Contact bank officer

Max Tenure

Maximum financing tenor is 10 years including grace period of upto 6 months. (Financing is allowed preferably up to 5 years)

Eligible Sectors

Agriculture, Manufacturing, Trading

Eligibility & Qualification Criteria

Short to long-term financing is allowed to all SMEs for establishment, expansion and balancing, modernization & replacement (BMR) of Steel/Metal/Concrete Silos, Warehouses & Cold Storage facilities for storing agricultural produce.
The entity should be profitable for one year.
The company and its sponsors must have clean CIB(s)
The company should be operating in the same sector for at least 2 years
Other covenants may apply considering the sector where the client operates.

Company profile.
CNIC of all sponsors
SBP's LAF
Audited or Management Financing.
Exact utilization of funds.
Repayment plan
Future cash flows
Other documents/information may be required considering the sector where the client operates

For well-established companies, FBL may allow financing against personal guarantees and hypothecation of current or fixed assets.
For larger exposures, hypothecation over current or fixed assets with tangible collateral will be required.

Aamir Salehjee

Head

Faysal House, ST 02, Main Shahra-e-Faisal

City: Karachi