SMEDA SMEDA Pakistan
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Government of Pakistan
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SBP State Bank of Pakistan
+92-42-111-111-456 · helpdesk@smeda.org
Official Government Financing Comparison Tool

Side-by-Side Product Matrix

Comparing loan limits, interest markup rates, tenure options, eligibility criteria, and direct loan officer contact numbers.

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Product Spec
Askari Bank
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Askari Bank

Askari Rice Finance

Manufacturing, Services, Trading
Loan Limit Range Up to PKR 200M
Markup Rate & Fees Contact bank officer
Tenure & Period Cash Finance: Max 270 Days / Running Finance: 1 Year
Covered Sectors Manufacturing, Services, Trading
Financing Purpose Payment of Labour & other expenses, Purchase of Raw Material
Eligibility Criteria
  • For SMEs Sole Proprietor, Partnership Firm (registered), Private Limited Company, Limited Company
  • Age of borrower (in case of sole-proprietorship) must be minimum 20 years, however age not to exceed 65 years at the time of application. . This criteria is not applicable, if the business concern is partnership or limited company. In partnership/limited company cases one of the partner or director should qualify mentioned criteria.
  • Minimum 3-year operating history of Rise Husking/polishing business, however, new ventures of established business groups or other exceptions will be looked upon case to case basis.
  • Market check to be obtained from at least three different sources to the Borrower and Primary Sponsor. For NTB News-VIS report also needs to be obtained.
  • Electricity Bill Payment history should be regular as a minimum, all electricity bills for the last six (06) months must have been paid.
Details & Contact
Kumail Hassan
Manager Product Development