Term Loan :
Lending rate has been shown in the following table where fixed rate (Bangladesh bank instructed rate) and mid-rate are given. Bank may re-fix ±1.50 over the mid rate considering the risk involvement. These rates are effective from January 01, 2010.
|SL||Particulars||Fixed Rate||Mid Rate|
|01||Term Loan (Large & Medium Scale Industry)||13.00%||--|
|02||Term Loan (Other than Large & Medium Scale Industry)||--||14.00%|
|03||Term Loan (Small Cottage Industry)||--||14.00%|
1.00% additional interest rate will be charged for default in payment/ adjustment. All other charges, commissions and fees shall remain unchanged.