Government of Pakistan, Finance Division issued a Notification on 17-11-2022 in connection with the Rate of Mark-up Chargeable on Advances and Dev Loans 2021-22 Federal. The details are 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
Table of Final Rates of Interest
Sr. No
Fiscal Year
Final rates of mark-up (Per Annum)
1
2019-2020
12.20%
2
2020-2021
10.30%
3
2021-2022
11.20%
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.
