is a contractual relationship for use of an asset by the Lessee
(the Client) for a specified period paying a mutually agreed
rent to the Lessor (BIFC). The lassor procured the asset for
the Lessee who has the full liberty to select the asset, supplier,
price including other terms & conditions. Lease rental
is dete_med based on acquisition cost and lease term. Lease
term usually ranges from 3 to 5 years. Rentals are payable
usually on monthly basis, however, quarterly or half yearly
payments can also be considered.
is available for
- Capital Machinery
- Factory Equipment
- Vehicle & other Transports
- Construction Equipment
- Medical Equipment
- Lifts/ Escalator
- Water Transport
- Other Equipments & Appliances.
In addition to the benefit of simplicity, Lease finance benefits
you by way of Tax advantages and off balance sheet funding.
Term Loan is available to establish projects or to expand
business for a term of 3 to 5 years at a competitive interest
Short Term Loan:
Short Term Loan is offered in different forms to accommodate
your short term fund requirements:
Factoring: You can avail a loan equivalent
to a certain percentatge of the receivable arising out of
supply of goods or delivery of services on credit. BIFC will
reimburse you the balance amount on receiving payment from
your customer as per assignment of payment arrangement. The
facility will enable you to enjoy steady flow of funds towards
higher volume of business resulting from its revolving nature
and multiple effects.
Work Order Financing: Financing against
work orders from reputed multinational companies, local blue-chip
companies to facilitate you mobilizing adequate fund towards
meeting delivery deadline.
Working Capital: Financing immediate fund
requirement for raw materials towards completion of work order.
The offer is available to corporate bodies to establish new
projects or to expand existing projects in the from of common
equity investment or preferred equity investment of bridge
Real Estate Financing:
Real estate financing is available for 3 to 10 years term
at competitive interest rate to
- Individuals for purchase or construction of houses or
- Professionals for purchase of office space or camber
- Corporate for construction of residential / commercial
Term Deposit Scheme:
We offer different Deposit Schemes with their unique features
to cater your varying needs. Minimum term is six months for
corporate bodies and it is one year for individuals.
BIFC Term Deposit Account: The scheme offers
high return on your investment at maturity. Because of the
cumulative effect, i.e. interest on accrued interest each
year, your investment gives you a higher yield.
BIFC Income Account: The scheme offers a
regular fixed monthly or quarterly cash flow during the term
keeping your deposit intact.
BIFC Double Money Account: The Scheme offers
double the money you deposit with us receivable after a certain
Special features of BIFC Deposit
- Competitive and attractive return on your investment
- Variety of Schemes
- Minimum deposit is as low as Tk. 50,000/-
- Easy procedure for deposit and withdrawal
- Prompt issuance of certificate
- Premature withdrawal facility after a minimum term Quick
loan facility against deposit
- BIFC Term Deposit Scheme is approved by Bangladesh Bank.
Please contact us for the latest rate and benefit on The