Product Name: STANDARD KRISHI JANTRA PRAKALPA (Code-L-30).
Purpose of Loan: Financing the Farmers/Entrepreneurs for purchasing Agri equipments.
Loan Limit without collateral security: Maximum 4.00 Lac
Loan Limit with collateral security: Maximum 5.00 Lac
Tenure: 03 (Three years)
Rate of Interest: 11% (Subject to change by Bangladesh Bank)
Service charges/ Fees for the facility: N/A
i. DP Note
ii. Letter of hypothecation & the Bank will owner of the purchased equipments.
iii. Guarantee bond of the spouse of the borrower & other acceptable third party.
iv. Post dated cheque.
v. Collateral security (Where applicable).
vi. Other usual Charge documents.
i. Party application
ii. National ID
iii. Passport size color photograph.
iv. Farmer’s card/ UP Chairman certificate favoring farmer.
v. Guarantor’s information & their consent.
vii. Credit report/Confidential Opinion from Local Lead Bank.
viii. CIB Report for Limit above Tk.1.50 Lac.
ix. Documents related to collateral security (If applicable)
x. Others related documents.