RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2014-15

RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2014-15

No.F.8(1)GS-I/2006-1035
Government of Pakistan
Finance Division

(Budget Wing)
***

Islamabad, the 30th September, 2015.

From: Niamatullah Khan,

Section Officer (GS-I). Ph: 051-9204700

 

To:                  The Controller General of Accounts,

Islamabad.

SUBJECT: RATE OF MARK-UP CHARGEABLE ON DEVELOPMENT LOANS AND ADVANCES BY THE FEDERAL GOVERNMENT FOR THE FISCAL YEAR 2014-15.

Dear Sir,

I am directed to state that the following final 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
  • Capital outlays of the Federal Government in the commercial departments.
Fiscal Year Final Rates of Mark-up
(Per Annum)
2012-13 10.65%
2013-14 11.79%
2014-15 10.53%

 

  1. In case of loans and advances for purchase of Conveyance and House Building, the final rate of mark-up, i.e. 53% per annum, has been fixed for the Fiscal Year 2014-15.
  2. This issues with the approval of Finance Secretary. Yours faithfully,

(Niamatullah Khan)
Section Officer(GS-I)
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