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Strategic Alliance Financing-i (SALF-i)

Strategic Alliance  Financing-i (SALF-iis financing facilities granted to finance development projects for economic activities (agriculture and agro-based) launched by the State Government or the Federation. 

Funding is provided to project participants individually or agencies authorised by the State Government or Federation as a Project Manager. This product is based on the Tawarruq transactions.

 

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Product Details

Financing Limit Up to a maximum of 100% of the total project
Tenure Up to a maximum of fifteen (15) years
Profit Rate
(Subject to change)

From BFR - 1.0% to BFR + 2.0% p.a. calculated on the monthly balance

Ceilings Profit Rate (CPR) :
BFR+ 4 % p.a. or 10 % p.a., whichever is higher for the calculation of the sales price

Effective Profit Rate (EPR) :
At the current pace and did not exceed the ceiling profit rate charged and is calculated on a monthly balance

 

Note: Basic Financing Rate (BFR)


CALL CENTRE: 1 300 (AGRO)