Bullock Loan

To meet up fund requirement for purchase of Bullock for plough.

Features and Benefits:

  • Loan Size:
    • Up to Tk. 1.00 Lac
    • Maximum Tk. 30,000/- for one pair of Bullock
  • 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/-
  • 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.
  • Security

  • 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