Scope
Working Capital financing, Fixed Asset Financing, Office Equipment Financing, Capital Machinery Financing and procurement of other tangible assets.
Purpose
Bai`-Muajjal-Term is meant for to support manufacturers, traders, wholesalers, retailers, service providers and Agro processing Units (Agriculture and Agro products). Construction /expansion/ renovation of permanent residential buildings, Construction /expansion/renovation of Commercial Complexes for rental purpose and Women Entrepreneurs are also offered finance under this mode of investment.
Eligibility
The business must be in operation for minimum last 2 years.
Age Limit
Age limit of the applicant will be minimum 25 years and maximum 60 years.
Building’s Age
The building under the finance of Bai`-Muajjal-Term should not be old more than 25 years including the tenure of investment.
Investment Limit
Limit for Bai’-Muajjal (Short Term): Tk.05 lac to Tk.25 lac.
Limit for Bai-Muajjal (Mid Term): Tk. 10 lac to Tk.5.00 crore.
Investment Tenure
Tenure of Bai’-Muajjal (Short Term): Up to 12 Months.
Tenure of Bai-Muajjal (Mid Term): Up to 24 Months.