4 % curiosity mortgage might be accessible for elevating goats and sheep – 2024-06-29 20:18:25

by times news cr

2024-06-29 20:18:25

To make sure the nation’s meals safety, the refinancing fund of Tk 5,000 crore has been prolonged by 6 months. Farmers will get loans from this fund at a most curiosity of 4 % until subsequent December. On the identical time, loans could be taken from this fund to lift goats, sheep and goats.

On Thursday (June 27), Bangladesh Financial institution’s Agricultural Credit score Division issued a round on this regard.

Within the directions despatched to the managing administrators and chief govt officers of the nation’s banks, it’s stated that as a result of demand of the refinancing scheme of 5000 crore rupees for the agricultural sector to make sure the meals safety of the nation, the deadline for disbursement of loans from banks to clients has been prolonged until December 31 of this yr.

On the identical time, the central financial institution has already included kandal crop cultivation and goat, sheep and goat rearing sectors along with the sectors beneath the scope of the scheme in order that extra variety of actual farmers and farmers profit.

Underneath this fund, banks will be capable of disburse loans by way of their very own community. For small, marginal, sq. farming and cultivation of crops (rice, greens, flowers and fruits) loans could be disbursed as much as a most of two lakh taka. Nevertheless, there is a chance to take a mortgage of as much as 20 lakh rupees in livestock sector together with cow and goat rearing. The farmer or buyer will get 18 months with a grace interval of three months to repay the mortgage.

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