Features:
- Purpose: Designed to facilitate real-estate finance to the target potential customers for construction of shop, small market, dormitories and labor shed (only one storied pucca/semi-pucca building) for rental purpose. MSME entrepreneurs who own land at urban, semi-urban, outskirts and rural areas having commercial opportunity to earn higher income from rent. The Loan will enable them to utilize their valuable land and facilitate the way for extra earning.
- Loan type: In the form of Term loan only
- Maximum loan limit: BDT 75.00 lac
- Loan period: Maximum up to 5 years (Term Loan)
- Interest rate: Attractive rate
- Security: Mortgage over the landed property
Eligibility:
- Have own land
- Be SME entrepreneur (formal/informal)
- Have repayment capacity from primary income/other income
- Age from 21 to 60 years at the time of application
- Have adequate security coverage
- Be Bangladeshi national
- Family guarantees
- Business, Client & Guarantor related documents, and Other banks Documents (If any).
