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Loan Disbursement Target

In Chandpur Loan Disbursement Target Is Tk. 312.61 Crore

The target for disbursement of loan is Tk. 312.47 crore and 61 thousand in Chandpur.

State-owned and private bank branches in Chandpur district, Bangladesh Bank has allocated Tk. 312.47 crore and 61 thousand to all Chandpur-based banks for disbursement of agricultural loans and poverty alleviation in the fiscal year 2020-2021. In particular, the government has directed to provide loans at 4% interest for the production of low interest pulses, spices, oilseeds and maize.

This information has been revealed from the sources of all the concerned banks and a report submitted to the Agriculture Credit Committee on Thursday, September 03.

According to the information received, Chandpur District Rural Development Corporation (BRDB), Sonali Bank 13 crore and 57 lakh, Agrani Bank 17 crore and 16 lakh, Janata Bank 9 crore and 59 lakh 88 thousand, Bangladesh Krishi Bank 187 crore and 81 lakh, Karmasangsthan Bank 8 crore and 60 lakh. Tk. 65 lakh, Rupali Bank will disburse and Basic Bank will disburse Tk. 80 lakh for agriculture and poverty alleviation in the current financial year.

Besides, 24 private banks in Chandpur have set a target of disbursing Tk. 63.74 crore and 73 thousand in the current fiscal year 2020-21. These include National, Pubali, Uttara, Islami, Al-Arafa, Shahjalal, First Security, City, United Commercial, BRAC, Social Islami, Mercantile, NCC, Prime, Asia, Dutch, Trust, Standard, Padma and Dhaka Bank Limited.Customers will also be able to avail loans in agriculture and other poverty alleviation sectors from the branches of these banks in the district, sources said.

Chandpur is one of the major regions of the country.Chandpur district surrounded by Padma, Meghna, Dhanagoda and Dakatiya rivers.

Chandpur Sadar and Haimchar upazilas have about 11 isolated char.
River erosion is their eternal sorrow.

There are 20 unions along the river and huge amount of agricultural products are produced in these rivers and char areas. In addition, fishing, raising cattle,poultry and vegetable production are the main sources of income for women in the region. They have been making a living by fighting the seasons of our country.

In addition to Erie-Boro, rabi crops including potato, maize, wheat, mustard, onion, garlic, chilli, sweet potato, coriander, sesame, kalizira etc. Different types of vegetables are produced in large quantities in Chandpur.

Meanwhile, Chandpur Irrigation Project and Matlab Meghna-Dhanagoda Irrigation Project are a blessing for the people of Chandpur. Irrigation projects are playing an important role in food production.

Department of Agricultural Extension, Chandpur agronomists provide all kinds of training at the field level and all kinds of advice on crop production. All types of public-private banks, BRDB and some NGOs provide necessary loans for agricultural production.

The government is providing 20% ​​discount on irrigation bills, fertilizer and seed subsidies for irrigation to increase production in Erie-Boro. There is an excellent communication system to market agricultural products in chandpur.

Along with Chandpur, waterways, Matlab Bridge, Chandpur Bridge, Hajiganj-Ramganj Bridge and Puranbazar Bridge, Chandpur-Harina-Shariatpur Ferry Service and above all Chandpur-Cumilla Highway, Chandpur-Laksam train link have been playing an important role.

Correspindent:Abdul Ghoni, September 03,2020