Krishi Saronjam Rin

Krishi Saronjam Rin

IFIC Bank offers Krishi Saronjam Rin to individual /Group at micro level for purchasing of agricultural machinery like new power tiller/power tiller with plough (tractor), single cylinder tractor with plough, power tiller with trolley, Rotavator etc.


  • Any individual /Group (minimum 02 member maximum 10) aged above 18 years and below 60 years at the time of sanction of loan.
  • At least 3 years involved in agro-based production.
  • Having homestead and permanently living in the area.

Loan Size

  • Minimum Tk.50,000/-
  • Maximum Tk.1,500,000/

Loan Period

  • Minimum 12 (Twelve) months.
  • Maximum 36 (Thirty six) months.

Nature of the Loan

  • Lease Financing / Term Loan.


  • Equal Monthly Installment.

Collateral Security

  • Collateral security not required for loan upto Tk. 1,000,000/-

Quick Processing & least formalities.