Declared Lending Interest Rate by Economic Sector

Declared Lending Interest Rate by Economic Sector
Name of the bank: Meghna Bank PLC.
	As on 31-05-2024
Economic Purposes	Declared rate	Lowest rate	Highest rate
A	B	C	D
A. Agriculture, Fishing & Forestry
1. Agriculture	12%	11%	13%
a) Cultivation	12%	11%	13%
b) Plantation	12%	11%	13%
c) Agricultural Machineries and Implements	12%	11%	13%
d) Fertilizers and Pesticides Loans for Farmers	12%	11%	13%
e) Livestock	12%	11%	13%
f) Vegetables/Fruits Preservation in cold storage	12%	11%	13%
g) Agriculture Loan Disbursed through NGOs	12%	11%	13%
2. Fishing	12%	11%	13%
3. Forestry and Logging	12%	11%	13%
B. Industry
1. Term Loan ( Other than Working Capital Financing)	13%	12%	14%
a) Large Industries	13%	12%	14%
(aa) RMG	13%	12%	14%
(ab) Others	13%	12%	14%
b) Small and Medium Industries	13%	12%	14%
c) Cottage Industries/Micro Industries	13%	12%	14%
d) Service Industries	13%	12%	14%
2. Working Capital Financing (Excluding Export & Import Financing)	13%	12%	14%
a) Large Industries	13%	12%	14%
(aa) RMG	13%	12%	14%
(ab) Others	13%	12%	14%
b) Small and Medium Industries	13%	12%	14%
c) Cottage Industries/Micro Industries	13%	12%	14%
d) Service Industries	13%	12%	14%
C. Construction
1. Housing (Commercial) For Developer/Contractor	13%	12%	14%
2 . Housing (Residential) in urban area for individual person	13%	12%	14%
3. Housing (Residential) in rural area for individual person	13%	12%	14%

Declared Lending Interest Rate by Economic Sector
Name of the bank: Meghna Bank PLC.
	As on 31-05-2024
Economic Purposes	Declared rate	Lowest rate	Highest rate
A	B	C	D
4. Infrastructure Development (Road, Culvert, Bridge, etc.)	13%	12%	14%
5. House Renovation or Repairing or Extension	13%	12%	14%
6. Commercial Building (Market, Factory, Hotel, Cold storage, Ware-house etc.)	13%	12%	14%
7. Establishment of Solar panel	13%	12%	14%
8. Effluent Treatment Plant	13%	12%	14%
9. Loan against Work Order/Pay Order/Earnest Money	13%	12%	14%
10. Water-works	13%	12%	14%
11. Sanitary Services	13%	12%	14%
D. Transport
1. Road Transport ( excluding personal vehicle & lease finance)	13%	12%	14%
2. Water Transport (excluding Fishing Boats)	13%	12%	14%
3. Air Transport	13%	12%	14%
E. Trade & Commerce
1. Wholesale and Retail Trade (CC, OD etc.)	13%	12%	14%
a) Wholesale Trading	13%	12%	14%
b) Retail Trading	13%	12%	14%
c) Other Commercial lending	13%	12%	14%
2. Procurement by Government
a) Jute	13%	12%	14%
b) Paddy	13%	12%	14%
c) Wheat	13%	12%	14%
d) Others	13%	12%	14%
3. Export Financing ( PC, ECC etc.)
a) Jute and Jute Products	13%	12%	14%
b) Tea	13%	12%	14%
c) Hides and Skins	13%	12%	14%
d) Ready-made Garments	13%	12%	14%
e) Non-traditional Items	13%	12%	14%
f) Other Exported Items	13%	12%	14%

Declared Lending Interest Rate by Economic Sector
Name of the bank: Meghna Bank PLC.
	As on 31-05-2024
Economic Purposes	Declared rate	Lowest rate	Highest rate
A	B	C	D
4. Import Financing (LIM, LTR, TR etc.)
a) Food Items	13%	12%	14%
b) Petroleum and Petroleum Products	13%	12%	14%
c) Machineries and Implements	13%	12%	14%
d) Textile and Textile Products	13%	12%	14%
e) Electric and Electronic goods & Spares	13%	12%	14%
f) Sanitary Goods Including Tiles, Stones & Clinkers	13%	12%	14%
g) Cosmetics & Crockeries	13%	12%	14%
h) Medicine and Surgical Instruments	13%	12%	14%
i) New Automobiles	13%	12%	14%
j) Reconditioned Automobiles	13%	12%	14%
k) Chemicals (except Medicine)	13%	12%	14%
l) Iron and Steel Products	13%	12%	14%
m) Paper and Printed Papers	13%	12%	14%
n) Computer and Accessories	13%	12%	14%
o) Wood & Logging	13%	12%	14%
p) Plastic & Plastic Products including toys	13%	12%	14%
q) Leather Goods	13%	12%	14%
r) Poultry feeds	13%	12%	14%
s) Cattle feeds	13%	12%	14%
t) Coal	13%	12%	14%
u) Ship	13%	12%	14%
v) Other Imported Items	13%	12%	14%
5. Share Trading	13%	12%	14%
6. Lease Financing/Leasing	13%	12%	14%
F. Other Institutional Loan
1. Loan to Financial Corporations
a) Credit to NBFI	13%	12%	14%
b) Credit to Insurance companies	13%	12%	14%

Declared Lending Interest Rate by Economic Sector
Name of the bank: Meghna Bank PLC.
	As on 31-05-2024
Economic Purposes	Declared rate	Lowest rate	Highest rate
A	B	C	D
c) Credit to NGO (excluding Agriculture)	13%	12%	14%
d) Credit to Merchant Banks/ Brokerage Houses	13%	12%	14%
e) Credit to Co-operative Banks/Societies	13%	12%	14%
2. Financing to Educational Institutions	13%	12%	14%
G. Consumer Finance
1. Doctors Loan/ Professional Loans	13%	12%	14%
2. Flat Purchase	13%	12%	14%
3. Transport loan (Motor car/Motor cycle etc.)	13%	12%	14%
4. Consumer Goods (TV, Freeze, Air Coolar, Computer, Furniture etc.)	13%	12%	14%
5. Credit Cards	20%	20%	20%
6. Educational Expenses	13%	12%	14%
7. Treatment Expenses	13%	12%	14%
8. Marriage Expenses	13%	12%	14%
9. Land Purchase	13%	12%	14%
10. Loan against Salary	13%	12%	14%
11. Loan against PF	N/A	N/A	N/A
12. Personal Loan against DPS, MSS etc.	3%	2%	4%
13. Personal Loan against FDR, MBS, DBS etc.	3%	2%	4%
14. Travelling/ Holiday Loan	N/A	N/A	N/A
15. Other personal Loans	13%	12%	14%
H. Miscellaneous
1. Private Welfare and Development Activities	N/A	N/A	N/A
2. Advances for Special Credit Program (EPZ, Special Economic Zone, Youth development etc.)	N/A	N/A	N/A
3. Swanirvar	N/A	N/A	N/A
4. Poverty Alleviation Program	N/A	N/A	N/A
5. Other loans not mentioned above	N/A	N/A	N/A
Related Official's Name : Shawn Roy. Designation : Senior Principal Officer./p> Email : shawn.roy@meghnabank.com.bd Contact number: 01911737777