Dhaka, Bangladesh (BBN) – Premier Leasing and Finance Limited offers large loan at the Banking Fair Bangladesh-2015 to help expansion of business activities across the country.

“We’ve introduced a product namely ‘Corporate Loan’ to speed up the country’s industrialization process,” Hasan Mineuddin, a management trainee officer of the non-banking financial institution (NBFI), told BBN at fair premise in the capital Dhaka on Friday.

Bangladesh Bank Governor Dr Atiur Rahman inaugurated the five-day long banking fair on Bangla Academy premises in Dhaka on Tuesday aiming to build a banking nation through boosting the ongoing financial inclusion campaign in Bangladesh.

Under the scheme, the business people will be allowed to get loan between BDT 50 million and BDT 380 million from the NBFI to boost their business volume. The repayment tenure of the loan is 10 years.

The NBFI is also focusing a product namely ‘Home Loan’ at the fair to help the people to build their dreamt home.

Under the scheme, the client will be allowed to get loan between BDT 12 million and BDT 20 million which is higher than that of the banks’ products for their home loan.

The rate of interest of the product is between 15 per cent and 16 per cent with a repayment tenure of 15-year, according to the official.

The NBFI is also offering a big amount of loan to the SME clients as the maximum ceiling of the loan is BDT 20 million. The interest rate is between 16.50 per cent and 18.50 per cent with repayment tenure of five years.

BBN/SSR/RZ