Bank-NGO Linkage Loan
Overview
- This product is aimed to provide loan through MFI (Micro Finance Institution) to facilitate the grassroot people.
Features
- Interest rate: 8%.
- Loan Amount: BDT. 50.00 lac & above.
- Loan Tenure: 03 years.
- Grace Period: 06 months.
- Collateral: Minimum 5% FDR of sanctioned loan amount & Corporate Guarantee.
- Installment: Quarterly.
Customer Segments
- Beneficiary: Any NGO registered by MRA.
Charges and Fees
- Loan Processing Fee: No processing fee.