To meet up fund requirement for purchase of Bullock for plough.
Features and Benefits:
Repayment Method: Monthly Installment
Loan Tenor: Maximum 36 Months (Max. 3 Months Grace Period)
Easy and Fast Processing
Collateral Security is not mandatory up to Tk. 50,000/-
- Up to Tk. 1.00 Lac
- Maximum Tk. 30,000/- for one pair of Bullock
Eligibility & Requirements
Borrower should be a farmer having 3 years experience in cultivation and permanent resident of the area where loan will be disbursed.
The borrower should be owner of at least 0.5 acre of land.
Age Limit: Minimum 21 years & Maximum 55 years
Satisfactory Credit Report
Sets of documents based on requirements.
Hypothecation of cows.
Post dated cheques covering all installments and final payment
Personal Guarantees (Borrower & Guarantor)
Collateral Security is required if the loan limit is above Tk. 50,000/-
Interest Rates and Fees
Attractive Interest Rate
No hidden cost