Loan Limit
Minimum Loan Amount is BDT 20,000 and maximum Loan Amount is BDT 50,00,000
Eligibility
- Farmer Individuals or Small & Medium Enterprise engaged in Agricultural activities (Crops Farming) are allowed to apply
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Experience:
- Length of Experience: Minimum 02 years in agricultural farming
- Group Finance: At last 2 Members of the group should have experience of more than 05 years in his respective field & minimum members of group is 10- 30
- Age: 22 to 55 years
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Crops Financing:
- For cultivation upto 15 bighas (5 Acres or 2 Hectares) excepting sugarcane and potato where maximum limit is upto 2.5 Acres of land.
Interest Rate
Competitive Interest Rate
* To know current interest rate, please visit your nearest Meghna Bank Branch or call to our 24 hours call center
Loan Tenure
03- 12 Months (Including grace period depending upon the nature of farming)
Loan Type
Term Loan, Overdraft & Time Loan
Purpose
- Purchase of quality seeds
- Purchase of fertilizer & pesticide
- Labor Payment
- Land processing cost, maintenance cost
- Payment of land rent
- Irrigation
- Warehousing & Marketing
LTV: Loan to Value
Maximum 80%
Monthly E-Statement
Keep track of your finances with monthly e-statement that is accessible 24/7 via E Statement .
Easy Access
Access and manage your account through Internet Banking Web App or Internet Banking Mobile App, ATMs and branches
* Terms & Conditions applied
- No processing fee
- No hidden charges
* To know the updated fee and charges, please visit your nearest Meghna Bank Branch or call to our 24 hours call center