Credit Schemes : Long term loan for setting up new industrial units and BMRE of existing units including working capital finance are extended by Sonali Bank Limited to cottage industries, small-medium-large scale industries and also to self-employed persons with a view to creating employment opportunities, deployment of resources, increasing GDP and over-all industrial development of the country. Currently the following credit schemes are on offer by the bank: Some of the main Credit Schemes : Industrial Financing for Thrust Sectors. Sonali Bank Industrial Credit Scheme. Special Investment Scheme for Cottage and Small Industries. Financing Large Scale Industries through Banks Consortium. Financing Software Development and Data Processing. Designated Branches : About 100 branches including all the corporate and district headquarters branches are designated to handle industrial credit. Thrust Sectors : Besides the traditional and oft-trodden sectors, Sonali Bank Limited has also come up with very low rate of interest to finance the following thrust sectors of the economy as identified by the Government: Software development and data processing. Agro-based industries (excepting cold storage for preservation of potatoes). Manufacture of artificial flowers. Frozen foods. Gift items (preferably export oriented). 100% export oriented finished leather goods. 100% export oriented jute goods. Jewelry and Diamond cutting and polishing. Oil and Gas. Sericulture and silk industries. Stuffed Toys (preferably export oriented). 100% export oriented textile industry (excepting garments manufacturing industries). Other Viable Industrial Sectors : Composite textile (woven & knit fabrics). Textile / Acrylic Spinning. Sweater Industry . Garments Accessories & Washing Plant. Denim Fabrics (export oriented). Tourism / Hotel and Resort facilities. Hospital & Clinics. Other Export linkage industries. Power Generating Plant. LPG, CNG Filling & Conversion plant. Pharmaceutical Ind. Plastic Ind. Tannery/Rubber Foot wear. Other highly rewarding appropriate technology based projects. Interest Rates: Project/Term Loan : 12.00% to 13.00% Working Capital : 13.00%
Posted on: Tue, 18 Feb 2014 07:42:06 +0000