Dear Sirs/Madams,

Refinancing Facility for Modernization of SMEs- Rice Husking Mills

 
With a view to encourage the sponsors of Rice Husking Mills / Automatic Sella Plants to modernize their mills/units to produce quality rice, SBP is introducing a new medium to long term financing Scheme. Financing facilities under the Scheme shall be allowed subject to the terms & conditions prescribed under scheme for “Refinancing Facility for Modernization of Small and Medium Enterprises (SMEs)” details of which are attached as Annexures.

2. Under the Scheme financing shall be available at subsidized rates for import/purchase of new Rice Husking Machines, Paddy Driers and Parboiling Plants by the sponsors of Rice Husking Mills / Automatic Sella Plants. The rates of mark-up under the Scheme shall be as under:-

3. This Scheme shall be effective from the date of issuance of this circular and shall remain valid only up to June 30, 2011.

Yours faithfully, 
Encl: (i) Scheme (ii) Documents