General

Janata Bank to launch commemorative loan marking Mujib Year

DHAKA The Janata Bank is going to launch Mujib Year Commemorative Loan from March 17 this year in a bid to further alleviate poverty, create more employments and small entrepreneurs.

Under the programme, loans will be extended to educated poor youths on simple conditions by the bank marking the centenary birth celebration of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. The Mujib Year Commemorative Loan will be formally launched on March 17 this year and this loan programme would continue onwards.

Talking to BSS, managing director and CEO of Janata Bank Limited Abdus

Salam Azad said, We are going to launch this loan programme in the Mujib

Year keeping ahead the economic philosophy of Bangabandhu to build a hunger

and poverty free Bangladesh. The main objective of the loan programme is to

groom the educated and poor youth force as self reliant.

He informed that under the programme, an aspirant loan recipient could take

maximum Taka 2 lakh as loan which should have to be repaid in five years in

60 installments.

The Janata Bank Ltd. managing director said an aspirant loan recipient,

aged between 21 to 35 years, would have to submit his or her SSC certificate

before the bank for taking the loan.

We want to give such credit to at least 100 loan recipients on March 17,

this year, which is the birthday of Bangabandhu and such loan will be

disbursed from all branches of this bank across the country, he added.

Salam said after taking loans, the youths would be able to invest in

various productive sectors like poultry farm, dairy farm, cattle rearing and

other agri-productive sector and thus could build themselves as successful

entrepreneurs.

Source: Bangladesh Sangbad Sangstha (BSS)