Import Substitute Crops Loan 4% concessional Pulse, Oil seeds, Spice crops & Maize cultivation
- This product is aimed to provide loan in Import Substitute Crops cultivation to reduce pressure on import.
- Interest rate: 4%, rest of 4% will be subsidized by Bangladesh bank.
- Loan Amount: BDT. 5,000 to 5,97,265.
- (as per Bangladesh bank Agricultural & Rural credit Policy for the F/Y 2021-2022).
- Loan Tenure: 06 months to 01 year.
- Grace Period: Zero.
- Collateral: Not Required.
- Installment: One (Entire loan will be paid at a time) .
- Beneficiary: Individual/group/farm/project.
Charges and Fees
- Loan Processing Fee: No processing fee.