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, Warehouse and Cold storage facilities for storing agricultural produce.
› Financing is available for local purchase / import of new plant 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. 500 million under the scheme.
› Principal amount of loans is repayable is quarterly / half yearly instalments after prescribed grace period, if any. Markup is payable on quarterly basis.

Tenure 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% per annum.

Processing Charges:

As per SOC