Special Motivational Refinancing Scheme for Agricultural sector

Overview:

Due to scarcity of Covid-19 many businessmen have suffered from financial losses. To recover from these damages this Credit Program is introduced by RAKUB.

Term:

18 Months (Including 6 Month Grace Period)

Interest Rate:

4%

Loan Process Fee:

0.5% but not more than 2,00,000/-

Deed Process Fee:

0.5% but not more than 1,00,000/-

Security Type:

Land and buildings

Loan Limit:

Upto 5,00,00,000/- per person/organization

Eligibility:

Existing or new customers who have suffered financially from Covid-19 consequences.

Documentation:

Details Information:

Contact nearest branch.

N.B. : Rate of interest is variable time to time by the Bank Interest Rate Principles.