Green Financing

Green Financing Means funding for environment-oriented technologies, projects, industries or businesses. In Banking sector Green Financing refers to environment-oriented financial products or services, such as loans, credit cards, insurances or bonds that may help to protect our environment from pollution. Uttara Bank has a wide range of Green Financing products under Bangladesh Bank’s Green Bank Refinance Scheme. 

Category / Loan type :Term Loan

Purpose :Uttara Bank PLC. offers Green Financing forthe following purposes :

1. Solar Home System.
2. Solar Mini Grid.
3. Solar Irrigation Pumping System.
4. Solar Photo voltaic Assembly Plant.
5. Bio-Gas Plant.
6. Effluent Treatment Plant (ETP)
7. Traditional Chunchulli conversion to Modern Chunchulli
8. Vermicompost Production
9. Hydro Power Plant.
10. PET Bottle reprocessing Plant.
11. Solar Battery reprocessing Plant.
12. LED Bulb production
13. Hybrid Hoffman Kiln (HHK/Tunnel Kiln)

Customer Eligibility :

• Must be a Current Account/Saving Account Holder of the Bank.
• Up dated clean CIB Report.

Security :

• Registered Mortgage of Land & Building
• Personal Guarantee of the Owner(s)/ Directors.
• Corporate Guarantee of the Related Business Concern(s)
• Post dated cheque.
• Other Securities as acceptable to the Bank

Repayment :Monthly/Quarterly/Half Yearly Equal or Unequal Installments

Interest Rate : Market Competitive and subsidized as per govt. rule.

Basic Documents Requirements (not limited to) :

• Valid Trade License.
• National ID
• Up to date TIN Certificate.
• KYC
• Regulatory papers
• Loan Tenor :6 Monthsto 8 years .

*condition will be applicable