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Product Description

Under this scheme, investment is given only for the festival purpose.

Features
  • Product Specification: Religion based or other country based festival oriented products and services
  • Client Specification: Only for existing investment clients and only when he/she needs more working capital to cope with the festival time demand.
  • Collateral: As per Bank’s decision
  • Other Security: Personal Guarantee, Third Party Guarantee, Lien of SSP & MTDR, Hypothecation of Stock, Post dated cheques etc.
  • Investment Parameter: Manufacturing, Service, Trade [Festival items]
  • Mode of Investment: Bai-muajjal (SEF-Festival )
  • Minimum Investment: Tk. 50,000.00
  • Maximum Investment: Tk. 500,000.00
  • Number of Branches working for this scheme: All Branches
  • Maximum Duration of Repayment: 4 Months
  • Rate of Return: As stipulated by the Bank
  • Repayment System: 4 Month’s Installment (Profit + Profit + Profit + Last Principal & Profit)
  • Other terms & Conditions: Specified by the Bank

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