PASSCO Invites Offers for Commodity Financing (Wheat) for Oct–Dec 2026 – Max PKR 494 Billion
PASSCO Invites Offers for Commodity Financing (Wheat) for Oct–Dec 2026 – Max PKR 494 Billion · Lahore · Express,
Tender advertisement published in Express on Sunday, 13 September 2026, listed under Lahore. Issued by PASSCO Invites Offers for Commodity Financing (Wheat) for Oct–Dec 2026 – Max PKR 494 Billion.
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Pakistan Agricultural Storage & Services Corporation Limited (PASSCO) — Finance Wing — invites offers from eligible banks for commodity operation financing for wheat (outstanding and fresh) for the quarter October–December 2026. PASSCO has announced a maximum loan amount of PKR 494.00 billion for the program.
| Issuer | Pakistan Agricultural Storage & Services Corporation Limited (PASSCO), Finance Wing |
|---|---|
| Purpose | Commodity operation financing for wheat — outstanding and fresh for Oct–Dec 2026 quarter |
| Maximum Loan Amount | PKR 494.00 billion |
| Eligible Bidders | All commercial banks, including conventional and Islamic banks, regulated by the State Bank of Pakistan |
| Borrowing Type | Commodity financing (financing of wheat) |
| Bidding / Pricing Format | Banks to quote Three (03) Month KIBOR + fixed spread (% per annum) as the markup/profit rate (detailed bidding criteria in notice) |
| Collateral / Security | Hypothecation of wheat stock & receivables; PASSCO may require creation of charge / trust receipts and other security as appropriate (detailed security conditions in notice) |
| Drawdown / Repayment | Advance drawdowns to be permitted; PASSCO may withdraw or reallocate financing; details on drawdown and repayment terms set out in notice |
| Other Conditions | PASSCO reserves the right to accept/reject offers, to blacklist banks for default, and to verify bank credentials; bidders must meet PASSCO's terms and submit all required documentation |
| Submission / Contact | Documentation and bids to be submitted to PASSCO Head Office, 11-Kashmir Road, Lahore. General Manager (F&A), PASSCO Head Office (contact details in notice) |
| Reference | Notice ref. PIDD/169/26 (PASSCO Finance Wing) |
Interested banks should review the full PASSCO notice for detailed bidding conditions, required documentation, security arrangements, and the exact submission timeline. The notice contains full terms, evaluation rules, and other procedural requirements.
Published in Express on Sunday, 13 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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