Dr Raza Baqir Governor State Bank of Pakistan message for taking bank loan.
Governor State Bank of Pakistan recently gave a video Message. Dr Raza Baqir Governor State Bank of Pakistan message for taking bank loan. He explained all the terms and conditions of the loan. This loan facility offered by the state bank of pakistan for business community. For meeting the salary expense for next three months.
TERMS & CONDITIONS OF THE STATE BANK OF PAKISTAN LOAN FACILITY ANNOUNCED
Dr Raza baqir Explained that loan will be available at the mark up rate of @5% for inactive taxpayers. And @4% for active taxpayers in FBR.
Loan will be available for full amount of salary expense of up to Rs 200 million. Above than 500 million 50% and between 200 million to 500 million 75% Of the salary expense.
Its important to mention here that loan repayment will start after 6 months. It will be a total of 2 years Installments plan.
Complete video message having all the information is available above.