RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR
| am directed to state that the following final rates of mark-up chargeable on the following categories have been fixed by the Federal Government:-
I. Cash Development Loans to the Provincial Governments.
II. Loans to local bodies, financial and non-financial institutions and other
Corporations.
Il. Capital outlays of the Federal Government in the commercial departments.
Fiscal Year Final Rates of Mark-up
(Per Annum)
2020-21 10.30 %
2021-22 11.20%
2022-23 15.58 %
2. In case of loans and advances for purchase of Conveyance and House Building,
the final rate of mark-up, i.e. 15.58 % per annul, has been fixed for the Fiscal Year 2022-23.
