Table of Contents

SBP ‘SME Asaan Finance’ or SAAF Scheme for Financing

A news source claimed on August 16 that the State Bank of Pakistan (SBP) has created the ‘SME Asaan Finance’ or SAAF initiative for Small Medium Enterprises (SMEs) to obtain loans without collateral in Karachi. Under the planned program, small and medium-sized enterprises who were previously unable to acquire financing due to a lack of collateral will be eligible for unsecured loans of up to PKR 10 million.

Read: Why Should Young People Start Investing in Real Estate As Soon As Possible?

SBP noted that these loans will be used to meet the long-term fixed capital investment and working capital credit needs of small and medium-sized enterprises. Federal Minister of Finance and Revenue Shaukat Tarin remarked that the decision will herald in a new era of economic growth and industrialization in the nation. He hoped that commercial banks will also participate in the program.

According to SBP, “selected banks will receive refinancing from the SBP at 1% p.a. and lend financing to SMEs at up to 9% p.a., which is quite favorable compared to informal finance rates.”

After three years, banks will repay the refinance in ten equal annual payments.

Read: Phase 2 of Ravi Riverfront Project to Be Launched Soon

In order to strengthen banks, the government would additionally grant 40-60% risk coverage against loan-related losses to chosen institutions. The risk coverage will consist of:

• 60 percent for modest loans up to 4 million PKR

• 50 percent for loans ranging from PKR 4 million to PKR 7 million

• 40% for reasonably substantial loans between 7 and 10 million Pakistani rupees

Please contact Al Sadat Marketing for further assistance.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *