State Bank of Pakistan introduced Export Refinance Loan Scheme for the exporters with an aim to boost exports of non-traditional items in Pakistan. The export refinance loan scheme is bifurcated in two parts i.e. Part I & Part II. Under Part-I, the refinance loan is given on pre as well as post shipment basis for export of eligible commodities. This refinance loan facility is provided on a case-to-case basis. Under Part-II, an exporter may avail the export finance limit, based on his last year’s export performance in respect of eligible commodities. The process of disbursement of refinance loan through export refinance schemes is operationally carried out through the field offices of the Bank. These offices have meaningfully contributed towards disbursement of export refinance loan at industrial centers of the country through commercial banks. The various sectors of business facilitated by this scheme include textile, carpets, telecommunication, IT, electronics, leather, frozen seafood etc. For your understanding we are giving complete export refinance loan scheme below. We will try to provide all forms related to export refinance loan. If you require any thing further please submit your comments below.


1. DEFINITIONS

2 THE SCHEME

3 INCENTIVES 

4 FIXATION OF LIMIT FOR BANKS

5 RATE OF FINANCE / REFINANCE

6 FINES FOR DEFAULTS

7 VERIFICATION

OF EFS CASES

8 PERIOD OF PRESERVATION

9 RETURNS SUBMITTED BY BANKS

10 RETURNS SUBMITTED BY SBP BSC (BANK) OFFICES

11 GENERAL GUIDANCE & IMPORTANT NOTES

12 PART A - TRADE FINANCE FOR EXPORTS

12.2 ENTITLEMENT TO BORROW

12.3 PERFORMANCE REQUIREMENTS

12.4 ROLL OVER OF LIMITS OF EXPORTERS

12.5 TRANSITION PERIOD ARRANGEMENTS

13 PART- B TRANSACTION BASED FACILITIES

13.2 TRADE FINANCE FOR INDIRECT EXPORTERS

13.3 TRADE FINANCE FOR GOODS SUPPLIED
        AGAINST INTERNATIONAL TENDERS

14 PART-C - MEDIUM TO LONG TERM FINANCE FOR EXPORTS

14.3: Period of financing

14.4: Grant of Refinance

14.5: Rate of Refinance

15 ANNEXURES