MD.FARHADUL ISLAM ID: 16-066. Loan for Bio Energy Power Plant  Bio Energy Power Plant Loan is an environment friendly loan enables the prospective customers.

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MD.FARHADUL ISLAM ID:

Loan for Bio Energy Power Plant  Bio Energy Power Plant Loan is an environment friendly loan enables the prospective customers to set up renewable energy projects such as biogas, wind, hydro and any other potential renewable plant.  The entrepreneur must have an account on this bank.  Must be 18 years old  Fill up the application  Persons who have idle land outside of Dhaka.

Loan features Loan limits: 20,000 BDT – 10,00,000 BDT Interest: 14% ( 20,000 BDT – 1,00,000 BDT) 13.5% ( 1,00,000 BDT – 10,00,000 BDT) Repayment tenor: 60 months Monthly installment Loan processing charge: 200 BDT No hidden charge Early payment is not allowed

Eligibility for Loan Applicant individual or group of individuals must be Bangladeshi citizens Applicant must be creditworthy and have definite sources of income for repayment of loan. Existing clients should have no default loan Applicants with existing overdue loans will not be eligible.

Required documents If you are a Farmer, Farming Document: Farming Document and a document providing evidence of agricultural income If you are a company owner, documents that show the financial status and the partnership structure of the company. If you are self-employed,tax registration certificate, balance sheets and income statements for the last three years Original Identity Card Application Form

Conclusion “Loan for Bio-energy Power Plant” introduces an innovative process of financing of supplying continuous gas and electricity. It aims at solving the energy crisis in our country. Actually the product is very much effective to reduce the electricity and gas problem in our country. It promutes to keep pollution free environment.