Rate of Mark-up Chargeable on Advances and Dev Loans 2021-22 Federal

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A notification of Rate of Mark-up Chargeable on Advances and Dev Loans 2021-22 Federal has been issued by the Government of Pakistan, Finance Division on 17-11-2022.Further detail of said notification in same is as under;

Rate of Mark-up Chargeable on Advances and Dev Loans 2021-22 Federal

I am directed to state that the following rates of mark-up chargeable on the following categories have been fixed by the Federal Government:

  • Cash development Loans to the Provincial Governments
  • Loans to Local bodies, financial and non-financial institutions, and other corporations
  • Capital outlays of the Federal Government in the commercial departments

Final Rates of Interest

Sr. NoFiscal YearFinal rates of mark-up (Per Annum)
12019-202012.20%
22020-202110.30%
32021-202211.20%

In the case of loans and advances for the purchase of Conveyance and House Building, the final rate of markup i.e 11.20% per annum has been fixed for the financial year 2022-2022.

Notification

Rate of Mark-up Chargeable on Advances and Dev Loans 2021-22 Federal

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