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.