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
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.
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.