Rural farming families face incredible challenges in accessing the tools and support they need. Farmers often rely on traditional farming methods, local lenders, and whatever markets they can access. In this case, they go theme not only due to the weather but also due to their limited scope.
Loans are disbursed through 383 branches of the Rajshahi Krishi Unnayan Bank. Where the farmer’s family has to contact the nearest branch to get the services they need. Farmers can get loan services easily if they carry the necessary documents.
What are the credit programs of Rajshahi Krishi Unnayan Bank?
Bangladesh Agricultural Development Bank’s loan products are listed below:
- Small & Medium Enterprises (SME)
- BB Refinance Scheme 10TK Account Holder (Short Term)
- Revolving Crops Credit (RCC)
- Farmer’s Credit Limit (FCL)
- Special Motivational Refinancing Scheme for the Agricultural sector
- Agricultural Loan at 4% Concession Rate (Only in COVID-19 period)
- Special Credit Program for CMSME Sector
- Agricultural Loans Medium Term General
- Agriculture Loan Medium Term Green Banking
- BB Refinance Scheme 10TK Account Holder (Medium Term)
- Agricultural Loans Medium Term for Freedom Fighter.
Small & Medium Enterprises (SME)
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Small & Medium Enterprises (SME) | 15 lac to 75 Crore | 9.00% | 0.5% but not more than 2,00,000 | Up to 60 months | Details |
Eligibility of the SME loan
- Entrepreneurs must be Bangladesh citizens
- Age minimum 18 years
- The entrepreneur should have related professional experience, good managerial ability, adequate capital, financial solvency, good repayment behavior, technical & marketing-related knowledge, and training
- The entrepreneur should have the capability of utilizing and repayment of the loan
- Must have an acceptable CIB report from Bangladesh Bank.
BB Refinance Scheme 10TK Account Holder (Short Term)
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| BB Refinance Scheme 10TK Account Holder (Short Term) | Up to 50,000 | 9.00% | 0.5% but not more than 2,00,000 | Up to 60 months | Details |
Eligibility of the 10TK account holder scheme
- Must have at least a 10-taka account
- Small/marginal and landless farmers and person who corresponds with agriculture, as well as agricultural product yielding and processing, will get this credit.
- Village/colony based small/ micro-entrepreneurs and professionals are eligible.
- Aggrieved in disaster, small/marginal/landless farmers.
- Defaulters, Loanee of any reorganization scheme of Bangladesh Bank, and Loanee of any government projects are not eligible.
Revolving Crops Credit (RCC)
At present, with improved technology, high-yielding seeds, fertilizers, pesticides in crop production, increasing the density of crop production, as well as increasing the seasonal structure, there is a tendency to produce different types of crops throughout the year.
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Revolving Crops Credit (RCC) | Highest loan limit of crop | 8.00% | 0.5% but not more than 2,00,000 | Up to 36 months | Details |
Eligibility of the RCC loan:
The farmer’s family who is involved in any kind of crop production all over the year is eligible for Revolving Crops Credit (RCC) program.
Documentation:
- DP note
- Crop mortgage dead
- Letter of continuity
- Revival letter.
Farmer’s Credit Limit (FCL)
Farmer’s Credit Limit (FCL) was introduced to disburse grain/crop loan in a limit.
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Farmer’s Credit Limit (FCL) | 70% of the project | 9.00% | 0.5% but not more than 2,00,000 | Up to 12 months | Details |
Eligibility of the FCL loan:
- The farmer’s family who are involved with various kind of grain/crop production and other agricultural activities throughout the year. But primarily farmers who are owners of agricultural land above 5 acres are eligible for this program.
Special Motivational Refinancing Scheme for the Agricultural sector
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Special Motivational Refinancing Scheme for the Agricultural sector | Up to 5,00,00,000 | 4.00% | 0.5% but not more than 2,00,000 | Up to 12 months | Details |
Eligibility: Existing or new customers who have suffered financially from Covid-19 consequences
Special Credit Program for CMSME Sector
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Special Credit Program for CMSME Sector | Up to 1,00,00,000 | 9.00% | 0.5% but not more than 2,00,000 | Up to 36 months | Details |
Eligibility: CMSME Businessmen who have suffered financially from Covid-19 consequences.
Agricultural Loans Medium Term General
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Agricultural Loans Medium Term General | 50% of the value | 8.00% | 0.5% but not more than 2,00,000 | Up to 48 months | Details |
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Agricultural Loans Medium Term General | 50% of the value | 8.00% | 0.5% but not more than 2,00,000 | Up to 48 months | Details |
Eligibility:
- Age 18 Years old or Above
- Bangladeshi citizens and Sane person can open account
- Must be involved in Fisheries, Livestock, Horticulture etc. related activities.
Agriculture Loan Medium Term Green Banking
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Agriculture Loan Medium Term Green Banking | Up to 20,00,00,000 | 6.00% | 0.5% but not more than 2,00,000 | Up to 60 months | Details |
Eligibility:
- must be an adult Bangladeshi citizen
- Age must be between 18 to 60 years old
- Involved in renewable fuel and environment friendly financing sector
- Capable to give collaterals.
BB Refinance Scheme 10TK Account Holder (Medium Term)
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| BB Refinance Scheme 10TK Account Holder (Medium Term) | Up to 50,000 | 9.00% | 0.5% but not more than 2,00,000 | Up to 60 months | Details |
Eligibility:
- Must have at least a 10-taka account
- Small/marginal and landless farmers and person who corresponds with agriculture, as well as agricultural product yielding and processing will get this credit
- Village/ colony-based small/micro-entrepreneurs and professionals are eligible
- Aggrieved in disaster, small/marginal/landless farmers
- Defaulters, Loanee of any reorganization scheme of Bangladesh Bank, and Loanee of any government projects are not eligible.
Agricultural Loans Medium Term for Freedom Fighter
| Loan Title | Loan Amount | Interest Rate | Processing Fee | Loan Tenure | Remarks |
| Agricultural Loans Medium Term for Freedom Fighter | Up to 5,00,000 | 8.00% | 0.5% but not more than 2,00,000 | Up to 36 months | Details |
Eligibility:
- Must be a freedom fighter or martyr/dead/war-wounded/poor freedom fighter’s husband/wife/son/daughter
- Must have an evident plan
- Must involve in small business/ self-employment activities
- Must be a NID card holder
- Permanent resident certificate from UP chairman/municipal or city corporation councilor
- Business activities have to be within the branch area.
Frequently Asked Questions (FAQs) on Rajshahi Unnayan Bank Credit Program
What is the minimum interest rate for the credit program?
- Minimum interest rate is 4.00%
Is the credit program available all over Bangladesh?
- No, only available are Rajshahi and Rangpur divisions
Who are eligible for the credit program?
- Generally, Farmers and Entrepreneurs are eligible for the credit program