Farmers Bank
Disclosure on Risk Based Capital (Basel-III)                     e-GP Payment Service
Schedule of Charges Farmers Bank Interest Rates Farmers Bank Lending Rates Farmers Bank AML/KYC Forms Farmers Bank Complaint Cell

About Farmers Bank
History
Vision, Mission, Strategic Objective
Awards & Achievements
Corporate Social Responsibilities
Bank Operational Area
Core Banking Solution
Corporate Governance
Board of Directors
Executive Committee
shafi Audit Committee
Risk Management Committee
Management Team
Message from Chairman
Message from CEO
Shareholder Information
 Products & Services
Retail Banking
Corporate Banking
SME Banking
Agri Banking
Remittance
 Financial Reports
Financial Highlights
Quarterly/Half-yearly Reports
Annual Reports
Credit Rating
Basel –III Market Disclosure

 

Any Purpose Loan Scheme

 

Purpose

To meet instant personal financial need.

 

Loan limit

  • Tk 0.50 lac to Tk 10.00 lac only.

 

Nationality: Bangladeshi.

 

Age limit

  • From 21 years to 65 Years (last installment of the loan has to    be deposited before the borrower reaches the age of 60).

 

Note: Age bar may be relaxed / waved by the Managing Director &CEO of the Bank on acceptable grounds.

 

Minimum income

 

  • Tk. 10,000.00 for Govt. Service Holders.
  • Tk. 15,000.00 for Private service holders.

 

(Spouse/Other income may be added with the total monthly income. In such cases at least one of the borrowers has to meet the minimum income level.)

 

Work Experience

 

  • For Salaried individual minimum total length of service must     be 1 year as confirm employee.
  • Govt. Employees must be confirmed on job.

 

Repayment Method

  • Equated monthly installment.

 

Other fees & Charges

  • As per policy and scheduled charges of our Bank.

 

Tenure of the loan

  • Minimum 12 months and Maximum 60 months.

 

*For Further details please visit our branches.

 

 
 

Car Loan


The facility is designed with easy repayment schedule that gives you the opportunity to own a new / Reconditioned Car, to materialize your cherished dream.


Added Feature

  • Loan amount is inclusive of unit price of Car, VAT, Registration    and Insurance.

 

Eligibility

  • Govt. Officials
  • Semi-Government Officials
  • Employees of Autonomous Bodies
  • Employees of Banks and other Financial Institutions
  • Employees of Multinational Companies
  • Employees of reputed Private Organizations
  • Professionals: Doctors / Engineers / Accountants
  • Teachers and staff of Public / private Universities
  • Businessmen & Others

 

Loan Limit

  • Up to Tk. 20.00 Lac for Reconditioned Cars &
  • Up to Tk. 20.00 Lac for Brand New Cars.

 

Period

  • 5 Years for Reconditioned Cars &
  • 6 Years for Brand New Cars.

 

Repayment Mode

  • Equal Monthly Installment.

 

Application Process

  • Loan may be availed from any branch of the Bank across the country.  The interest rate is subject to change based on the market conditions and policy of the Bank.

 

 *For Further details please visit our branch.

 

 
 

Home Loan


Residing at own home/flat is a long cherished dream to everyone. To materialize this dream, The Farmers Bank Ltd is beside you offering easy to avail competitive Home Loan with lucrative features.

 

Our Strength

  • We ensure smooth and prompt disposal of the loan for your    dream house to turn into reality.
  • We offer most competitive interest rate with easy to access     terms and conditions.

 

Purpose

  • Purchase of Flats/Apartments.
  • Construction of House.
  • Extension of House.
  • Renovation of House.
  • Finishing Works of Building.
  • Taking over of regular House Building from other Banks/Fls.

 

Eligibility

  • Bangladeshi National.
  • Regular Employees of Govt. / Semi/Autonomous Bodies/     Multinational Companies / Public Ltd. Co. / Private Ltd.     Companies etc.
  • Self employed Professionals.
  • Businessman.
  • Teachers of Universities / Colleges / Schools and established     educational institutions in the Public and Private Sectors.
  • Age limit 21-60 years (including repayment period).

 

Loan Limit

Max. Tk  100 lac.


Period

Max. 25 Years (including grace period) for new home and 20     years for apartment.


Repayment Mode

  • Equal Monthly Installment.

 

Interest rate

  • Competitive Interest Rate as per Bank's policy and     Bangladesh Bank Guidelines.

 

Required Documents

  • Supporting documents regarding ownership of Land /     Building/ Apartments.
  • TIN Certificate.
  • Disclosure of income statement and personal net worth.
  • Lay out plan approved by the competent authority.

 

Application Process

  • Please apply in a prescribed form visiting any of our branches.

 

*For Further details please visit our branches.

 

 
 

Cottage Loan

 

Purpose

  • For individual to build up or construct of semi-pucca building     of 2 types along with pure drinking water facility.
  • Foundation up to plinth level, pucca floor, brick wall, roof of     corrugated iron sheet/tiles, or
  • Foundation up to plinth level, pucca floor, corrugated iron     sheet fencing, root of corrugated iron sheet/tiles.

 

 

Loan limit

Up to 70% of the total cost of semi-pucca/ corrugated iron    sheet fencing construction and pucca floor space along with    pure drinking water    facility/tube-well will be inclusive in the    project cost. However total loan amount shall not exceed Tk.    10 lac in any case.

 

Nationality: Bangladeshi.


Age limit: From 21 years to 60 Years.


Note: Age bar may be relaxed/waved by the Managing Director & CEO of the Bank on acceptable grounds.

 

Loan Processing Fee

  • 0.50% of the loan amount plus 15% VAT on the processing    fees.

 

Interest rate

  • The interest rate is subject to change based on the market     conditions and policynof the Bank.

 

Repayment Method

  • Equated monthly installment.

 

Other fees & Charges

  • As per policy and scheduled charges of our Bank.

 

Tenure of the loan

Up to 7 Years.

 

 
 

Doctors' Credit Scheme

 

Objectives

 

  • Help new F.C.P.S. or post-graduate doctors for setting up    chambers and buying medical equipment.
  • Help experienced doctors for refurbishing chambers and    buying medical equipment.
  • Assist private clinics for acquiring modern medical equipment.

 

Purpose

Doctors' Loan is a loan for professional Doctor to support their    small scale purchase of different medical equipments, tools   and small machineries for installation of their chamber/     hospital /clinic.

 

Loan limit

  • Minimum Tk 2.00 lac only.
  • Maximum: - Tk 5.00 lac for General Practitioners.

                     - Tk 15.00 lac for specialized Doctors.

                     - Tk 50.00 lac for owner(s) of Clinic/Hospital or                         Dignostic Center.

 

Nationality:    Bangladeshi.

 

Age limit:  From 25 years to 65 Years.

 

Note: Age bar may be relaxed / waved by the Managing Director & CEO of the Bank on acceptable grounds.

 

Minimum income

  • Tk. 25,000.00 for General Practitioner.
  • Tk. 40,000.00 for Specialized doctor.

 

Work Experience

  • For general practitioners having practice length of 3 years.
  • For specialized Doctors having practice length of 5 years.

 

Down Payment

  • 10% of general practitioners.
  • 20% of the specialized doctors.
  • 30% of owners, hospital or diagnostic center.

 

Interest rate

  • The interest rate is subject to change based on the market     conditions and policy of the Bank.

 

Repayment Method

  • Equated monthly installment.

 

Other fees & Charges

As per policy and scheduled charges of our Bank.

 

Tenure of the loan

  • Minimum 12 months - Maximum 60 months.

 

 

 
 

*For further details please visit our branch

   

 

Branches Farmers Bank Complaint Cell Farmers Bank ATM Locations Farmers Bank Loan Calculator Farmers Bank Deposit Calculator Farmers Bank Exchange Rates Farmers Bank Downloads Farmers Bank Tender Farmers Bank News