UCB Pragati
UCB Pragati is a term loan facility designed for all types of Cottage, Micro, and Small Enterprises (CMSEs) to address their financial needs, including business expansion, working capital, fixed asset purchases, advance payments, agricultural production or trading, and other relevant business purposes, with a strong focus on achieving zero poverty.
Loan Features:
- Loan Limit: BDT 0.50 lac to BDT 3.00 Lac
- Facility Type: Term Loan (Fortnightly Installment)
- Loan Tenure: 12 to 18 months
- Loan Purpose: Working capital, business expansion, fixed asset purchase, advance payment, agriculture production/trading, and other relevant business purposes
- Interest Rate: Competitive Interest rate
- Collateral Requirement: Not required
- Loan Processing Time: 01 Working Day
Borrower's Eligibility:
- Legal Form: Individual Farmers/ Agri producers/ rural activities, Proprietorship, Partnership & Private Limited Company
- At least last 1 year continued agri/rural relevant experience
- Owner's/Key Applicant's Age should be in between 21 to 65 years
