- This product is aimed to provide loan in cottage & manufacturing based activities.
- Loan amount: Loan maximum BDT 10 lac.
- Loan Tenor: For term loan Maximum 48 months (installment monthly/ quarterly).
- Loan Tenor: For continuous loan as for Bank Rules.
- Interest Rates: 9.00% (Variable).
- Security: Personal guarantee and third party guarantee as acceptable to the bank of a well-to-do person against loan up to BDT 0.50 lac.
- Security: Auxiliary collateral real state (1:1) needed in case of loan more than BDT 0.50 lac
- Root Level Citizens in Bangladesh will be able to avail this loan facility from a privately owned or partnership organization.
Charges and Fees
- Loan application fees: BDT 200.
- Documentation Fees, CIB Charge, Stamp charges And Legal and Valuation Fees are recoverable at actual amount.
- Early Settlement Fees: Not needed.