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AGRICULTURE CREDIT
Krishi Saronjam Rin
(for Agriculture Equipments)
Shech Saronjam Rin
(for Irrigation Equipments)
IFIC - SUBORNO GRAM
Poshupokkhi & Motsho Khamar Rin (for Live Stock & Fish Culture)
IFIC Bank offers Poshupokkhi & Motsho Khamar Rin to individual /Group at micro level To meet financial needs of live stock development/ fish culture (including shrimp) excluding intensive cultivation.
Eligibility
Any individual /Group (minimum 02 member maximum 10) aged above 18 years and below 60 years at the time of sanction of loan.
At least 3 years involved in agro-based production.
Having homestead and permanently living in the area.
Loan Size
Minimum Tk.50,000/-
Maximum Tk.1,500,000/-
Loan Period
Depending on nature of the business.
Nature of the Loan
Term Loan
Repayment
Lump sum within expiry or as per acceptable terms.
Collateral Security
Collateral not required for loan upto Tk. 200,000/-
Quick Processing & least formalities
Agriculture Credit
Bangladesh is an agro-based country and majority of our population dependant on Agriculture. Although maximum of the total population is dependant on agriculture, its contribution to GDP has gradually come down. Moreover, every year a huge amount of food grain and other agricultural products are imported to meet the demand of the country.
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