i. To provide power tillers, power pumps, shallow tube wells, thresher machines etc. on easy terms to unemployed rural youths for self-employment.
ii. To the farmers to help augment production in agriculture sector.
Educated / uneducated farmers & persons / youths.
Nature of Goods / Items
Power Tiller / Power pump / Deep / Shallow tube well / Thresher machine / Combined harvester / Tractor / Rice transplanter / USG making Machine / Drum Seeder / Agro processing machinery & equipments etc.
Mode of Investment
Bai-Muajjal / HPSM (item wise).
Period of Investment
Maximum 1-year for Bai-Muajjal & Maximum 2-years for HPSM.
Rate of Return
15.00% or rate to be determined by the Bank from time to time.
Amount of Investment
Maximum Tk.0.30 million.
80% of cost price.
Age of Clients
Hypothecation on machinery, immovable properties above Tk.0.10 million, Personal Guarantee(s), MSS / TDR etc.
How to Apply
Application Form shall have to be collected from nearest Branch of Islami Bank Bangladesh Ltd.