Standard Sachaal Prokolpo

Product Name: STANDARD SACHAAL PROKOLPO (Code-L-31).

Purpose of Loan: Financing village small traders, Tailor’s shop, smith workshop, & others small & cottage industries one the purpose of remedy of poverty.

Loan Limit without collateral security: Maximum 0.50 Lac

Tenure: 06 (Six) months from the date of disbursement.

Rate of Interest: 11% (Subject to change by Bangladesh Bank)

Service charges/ Fees for the facility: N/A

 

Security :

i. DP Note

ii. Letter of hypothecation.

iii. Guarantee bond of the spouse of the borrower & other acceptable third party.

iv. Post dated cheque.

v. Other usual Charge documents.

 

Documentation :

i. Party application

ii. National ID

iii. Passport size color photograph.

iv. UP Chairman certificate.

v. Guarantor’s information & their consent.

vi. Credit report/Confidential Opinion from Local Lead Bank.

vii. Others related documents.