Majhari Rin (Medium loan)
- This product is aimed to provide loan in medium & manufacturing based activities.
- Loan amount: Loan maximum BDT 75 Crores.
- Loan Tenor: For project term loan Maximum 120 months (installment monthly/ quarterly) Or Decisions from Bank And Party.
- Loan Tenor: For continuous loan as for Bank Rules.
- Interest Rates: 9.00% (Variable).
- Security: Auxiliary collateral real state needed for Exclusive ownership the maximum loan amount (MCL) will be 75% of the immediate sell price of the property and co-shared/ third party ownership the maximum loan amount (MCL) will be 50% of the immediate sell price of the property.
- Entrepreneurs of medium industries of manufacturing and service sectors in Bangladesh will be able to avail this loan facility.
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.