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CORPORATE BANKING RETAIL BANKING SME BANKING AGRICULTURE CREDIT Krishi Saronjam Rin (for Agriculture Equipments) Shech Saronjam Rin (for Irrigation Equipments) Poshupokkhi & Motsho Khamar Rin (for Live Stock & Fish Culture) Phalphasali Rin (for Fruit Orchard) Shech Saronjam Rin (for Irrigation Equipments) • IFIC Bank offers Shech Saronjam Rin to individual /Group at micro level for purchasing of irrigation machinery like Shallow tube well, Deep tube well, Motor pump, Generator etc. 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 minimum 33 decimal land including homestead and permanently living in the area. Loan Size Minimum Tk.20,000/- Maximum Tk.1,000,000/- Above Tk.100,000/- requires collateral security but not exceeding Tk.1,000,000/- Loan Period Minimum 12 (Twelve) months. Maximum 36 (Thirty Six ) months upto Tk.3.00 lac Maximum 60 (Sixty) months (More than Tk.3.00 lac) Nature of the Loan Term Loan Repayment Monthly Repayment facility Collateral Security Preferable but not mandatory. 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. Application Form Download Contact Us For more information Please feel free to contact your nearest IFIC Bank Branch

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