Green Earth
Green banking could be one of the suitable opportunities to diversify the banks business. It is also sensible initiative to keep our environment better. IFIC Bank is committed to promote sustainable growth in the economy. We have launched several lending products, under "IFIC Green - Earth" which will support green/clean and efficient energy projects and programs, detailed as under:
|
Product |
Purpose |
Loan Limit |
Loan tenor |
|
Domestic Bio-gas plant |
For integrated cow (hybrid) raring & setting up of bio-gas plant. |
Maximum BDT.4,50,000/- |
Maximum 48 months |
|
For setting up of bio-gas plant in existing cattle/poultry farm. |
Maximum BDT.50,000/- |
||
|
Commercial bio-gas plant |
For setting up of bio-gas plant in existing cattle/poultry farm & produce electricity through gas generator. |
Maximum BDT.15,00,000/- |
Maximum 60 months |
|
Vermincompost |
To meet the financial needs for purchasing of 2 cows, vermin construction of shade and for other expenses to produce vermin compost fertilizer for own use/business purpose. |
BDT. 2,90,000/- (including purchase of 2 cows) |
Maximum 48 months |
|
Finance for Brick Kiln Efficiency Improvement Projects |
To setup HHK or equivalent technology plant. |
Up to BDT.15,00,00,000/- |
Maximum 84 months |
|
Conversion of traditional FCK into Improved Zig Zag Brick Kiln |
Up to BDT.10,00,00,000/- |
||
|
Fire Fighting & Safety Equipment Loan |
|
Maximum BDT1,00,00,000/- |
Maximum 60 months |