SMESPD Circular Letter No. 01: Financing to all disabled SME entrepreneurs including blind under Bangladesh Bank Fund

27 Bhadra 1420 Bengali Era 11 September 2013 AD Bangladesh Bank Chief Executive P.O. Box No. 325 Dhaka. Ref. No. SMESPD Circular Letter No. - 01 Date: Managing Director / Chief Executive All Scheduled Banks/Financial Institutions of Bangladesh Chief Executive Dhaka. Dear Sir, Subject: Regarding certain amendments/additions to the policy guidelines of the Small Enterprise Sector Refinancing Scheme "Bangladesh Bank Fund" for the purpose of distributing low-interest loans to all disabled SME entrepreneurs including the visually impaired.

We draw your attention to Circular No. SMESPD Circular No. - 02 issued by this department on 04/09/2011. Under the said circular, it has been decided to make the following additions/amendments to the policy guidelines of the Small Enterprise Sector Refinancing Scheme "Bangladesh Bank Fund":

8. 100% refinancing facility will be provided under the said fund, subject to fund availability, against loans granted to all disabled SME entrepreneurs including the visually impaired at an interest rate of 10% (Bank Rate + 5%).

9. The refinancing limit for all disabled SME entrepreneurs including the visually impaired is hereby fixed from a minimum of 10,000 (Ten Thousand) Taka to a maximum of 5,00,000 (Five Lakh) Taka.

10. Existing policy guidelines of the Government of the People's Republic of Bangladesh and Bangladesh Bank regarding the provision of loans to persons with disabilities must be followed.

Other existing policy guidelines of the "Bangladesh Bank Fund" will remain unchanged.

This circular will take immediate effect.

Kindly acknowledge receipt.

Yours faithfully, (Sukomal Singh Chowdhury) General Manager Phone: 9511320 (50080) SME & Special Programs Department Copy to: Bangladesh Bank Extension: 7126101-20