SBP to extend deadline of loan deferment facility till September 30

SBP to extend deadline of loan deferment facility till September 30

Karachi (Web Desk): State Bank of Pakistan (SBP) has decided to extend the Deferment of Principal Amount facility till 30th September 2020.


The facility is not being extended to corporates and commercial borrowers.

In a statement, the State Bank said the decision has been taken in view of COVID-19 pandemic, which continues to stress the cash flow of small and medium sized businesses and households.

However, it said this facility will be available only for Small and Medium Enterprise Financing, Consumer Financing, Housing Finance, Agriculture Finance and Micro financing.