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Bangladesh Bank had set up a special refinancing scheme
worth Tk 3,000 crore for farmers to cope with the financial crisis in Corona.
The loan disbursement period from this fund was till June 30 this year. The
loan disbursement period has been extended for another 3 months till September
30.
On Thursday (June 30, 2022), the Agricultural Credit
Department of Bangladesh Bank issued a directive extending the term of the
fund.
Farmers are able to take loans from this fund of Bangladesh
Bank at unsecured and easy terms at an interest rate of only 4 percent. Under
the fund, participating banks will disburse loans to their own farmers and
customers. Farmers will get a maximum loan of Tk 2 lakh without collateral for
small, marginal and sharecroppers alone.
|Source: Online/SZK
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