SME BANKING

The growth of Cottage, Micro, Small and Medium enterprises (CMSMEs) in terms of size and number has a multiple impact on the national economy, such as employment generation, GDP growth, and poverty alleviation in Bangladesh. At present, the CMSME sector is playing a vital role in creation of a new generation of entrepreneurs and ‘Entrepreneurs Culture’ in the country. Experience shows that the borrowers of Cottage & Micro enterprise sector prefer collateral free loan since normally they cannot offer cash/collateral security to cover the exposure.

To facilitate the CMSME sector of the country, IFIC Bank provides collateral free credit facilities to the CMSMEs across the country whose access to traditional credit facilities are very limited. We offer different products for selected target customers, such as – IFIC-Shilpo Sohay for cottage & Micro Enterprises, IFIC-Krishi Shilpo for Agro based Industries, IFIC-Prantonari & Protyasha for women entrepreneurs and other credit facilities for commercial purpose of business.

IFIC - KRISHI SHILPO
01. IFIC – KRISHI SHILPO
Business Enterprises engaged in import merchandise can ...
IFIC - Shilpo Sohay
02. IFIC – Shilpo Sohay
Loan product for any Bangladeshi potential entrepreneures or group of entrepreneures (maximum 05)
IFIC- PRANTONARI
03. IFIC- PRANTONARI
Grassroots Women Entrepreneurs having at least two years experience in same line of business.
IFIC- Protyasha
04. IFIC- Protyasha
Individual, business enterprises (other than public limited company) having commercial plot
Commercial House Building Loan
05. Commercial House Building Loan
Individual, business enterprises (other than public limited company) engaged in transport business
Transport Loan
06. Transport Loan
Business Enterprises (other than public limited company) engaged in manufacturing
Working Capital Loan
07. Working Capital Loan
Business enterprises (other than public limited company) against pledge of financial
Easy Commercial Loan
08. Easy Commercial Loan
Business enterprises (other than public limited company) engaged in construction
Contractor's Loan
09. Contractor’s Loan
Business enterprises (other than public limited company) engaged in construction
Bidder's Loan
10. Bidder’s Loan
Business enterprises (other than public limited company) engaged in construction and supply business can avail Bidder's loan for issuing Payment Order/Demand Draft etc.
Monthly Income Scheme - Arjon
11. Monthly Income Scheme – Arjon
A special kind of fixed deposit offers flexibility & comfort of having monthly return on investment for SME clients.
Monthly Savings Scheme - Joma
12. Monthly Savings Scheme – Joma
A special kind of monthly savings scheme for SME clients. Duration of 3 years/ 5 years
IFIC Green Earth
13. IFIC Green Earth
A) Domestic Bio Gas Plant, B) Commercial Bio Gas Plant