| Purpose of Facility |
BOP Fori Sahulat is a cash-collateralized funded and non-funded credit facility for short and long term purpose.
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| Type of Facility |
• Running finance for short term loan
• Demand finance for long term loan
• LC, LG and other import/export related facilities
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| Target Market |
All sectors
(i.e. individuals, business entities & government bodies)
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| Loan Limits |
• Business needs: up to PKR 500 million (funded lines to be capped at PKR 200 million)
• Other than business needs (personal etc.): up to PKR 7 million
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| Tenure |
The maximum duration of this loan is 2 years (1 year for individuals)
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| Frequency of Mark-up Payment |
Monthly / Quarterly
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| Security / Collateral Requirement |
a. PKR current and savings deposits (maintained in BOP)
b. PKR fixed/ term deposits (maintained in BOP and other banks)
c. Foreign currency deposits (maintained in BOP acceptable only)
d. Government securities (Defence Savings Certificates (DSCs), Special Savings Certificates (SSCs), Regular Income Certificates (RICs), Pakistan Investment Bonds (PIBs) and Premium Prize Bonds (registered) (PPBs)
Since institutional investors are debarred from investing in NSS instruments through SBP CMD Circular No. 5 dated July 9, 2020, NSS instruments would be accepted as collateral/ security from individual customers/ borrowers only.
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| Pricing / Mark-up |
As per prevailing market rates
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| Processing Fee |
As per SOC
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