Non-Bank Financial Institutions Providing Leasing Services in Bangladesh

Introduction
Lease financing is comparatively a new concept in the financial sector and has got recognition as an
innovative source of finance for accelerating the pace of industrialization as well as economic growth of
Bangladesh. Leasing companies have registered substantial growth in lease financing during the year 1985
through 1994. Since 1995 to date, growth in lease market has significantly slowed down because of sluggish
economic activities, withdrawal of incentives by the government, imposition of cash resource requirement
with Bangladesh Bank as per Finance Act 1998, expansion of number of leasing institutions, lack of
diversification of service and of awareness in business community about leasing etc. Researchers have also
found that leasing companies need to develop their professionals and should come in the market with new
marketing strategy.
Background
Bangladesh is a least developed country in the world with per capita GDP Tk.11.284 (USD 230).She suffers
from poverty, imperfection in both, factor and product market, continuous in equilibrium in the economy,
defective administrative structure in both financial and non-financial sector, inappropriate tax structure,
heavy dependence on assistance from World Bank including other International Lending Agencies and
Donor Countries, lack of capital stock, massive unemployment, political turmoil and unhealthy environment
for investment. With the emergence of Bangladesh as an independent country in 1971, the then
Government nationalized all commercial Banks with the hope of accelerating industrial growth through
financial, fiscal and other supports. Since the inception of independent Bangladesh, Commercial Banks,
Development Financial Institutions and Investment Corporation of Bangladesh have been the major sources
of industrial finance in the country. These Banks were predominately serving the public sector by extending
support in the form of long term loan, working capital finance, bridge finance etc. and had limited experience
in trade, commerce and industry. Due to dearth of experience in investment decision, project financing,
recovery of loan and recycle of loan, both entrepreneurs and Banking Financial Institutions coupled with
difficulties at every stage of development and accomplishment which ultimately led to the emergence of
many sick industries.
The Development Financial Institutions (DFI s) that depend largely on external assistance suffer from
financial constrains because of ineffective project appraisal. Imprudent investment decisions, poor recovery
and inability to recycle of loan which resulted in withdrawal of fund by international donors. As a result of
poor performance and withdrawal of external support, the liquidity position of DFI s have declined and ability
of sanctioning fresh loan and of refinancing sick industries reduced. Nationalized commercial Banks are
usually reluctant to finance capital expenditure due to higher financial risk and poor recovery and designed
to promote the nonproductive sectors. Besides, their loan operation was substantially diminished due to
additional cash reserve requirement imposed by Bangladesh Bank in order to curb inflation. Consequently,
genuine industrial clients are affected by their limited access to the long-term local currency loan. This
contention is evident from the fact that the private sector remains in massive default to the DFI s and NCB s,
90% of borrowers to DFI s are in defaulting and recovery rates are as low as 10% of the total recoverable
amount. On the other hand, Dhaka Stock Exchange (DSE), the only stock market of Bangladesh is not well
organized and therefore failed to mobilize sufficient fund to meet the demand of the capital market of the
country. During 1972-84, public sector financial institutions were found totally failure in developing industrial
sector and promoting first generation of industrial entrepreneurs.
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Name of Non-Bank Financial Institution
The names of non bank financial institution which provide the leasing services are listed below
through chart:
Name of the company Year Of Commencement & Address

Name Of Managing Director &
Contact Number
1.IDLC Finance Limited 1985 Bay's Galleria (1st Floor)
Managing Director & CEO : 57,Gulshan Avenue (CWS-A-19)
Mr. Anis A. Khan Gulshan 1, Dhaka 1212
Bangladesh
Tel: 880 (2) 883 4990
Fax: +880 (2) 883 4377
E-mail: mailbox@idlc.com
URL: http://www.idlc.com
2.Bangladesh Finance & 2000 Baitul Hossain Building (2nd Floor)
Investment Co. Ltd Managing Director & CEO: Mr. 27, Dilkusha C/A, Dhaka 1000
G. M. Salehuddin Ahmed, Tel: 9559146,9566493,7114493
MBA Fax: 9566493
E-mail: bfic@agni.com
3.Bangladesh Industrial 1998 63, Dilkusha C/A (1st Floor)

Finance Company Limited Managing Director: Mr. Ansar Dhaka 1000
Uddin Ahmed Tel: 9562636, 9568441
Fax: 9562636
E-mail: bifc@bol-online.com
4.Bay Leasing & Investment 1996 Printers Building (7th F), 5 Rajuk
Limited Managing Director: Mr. Avenue
Mahbubur Rashid Motijheel C/A Dhaka 1000
Tel: 9565026, 9568599,9567844
Fax: 9565027
Email:baylease@intechworld.net
5.Delta BRAC Housing 1996 Landmark (9th Floor)

Finance Corporation Ltd Managing Director: Mr. Q. M. 12-14 Gulshan North C.A.
Shariful Ala, FCA Gulshan 2, Dhaka 1212
Tel: 9882112, 8822374
Fax: 880-2-9882110
E-mail: dbh@deltabrac.com
6.Fareast Finance & 2001 Printers Building (9th Level)

Investment Limited Managing Director: Mr. Asad 5, Rajuk Avenue, Motijheel C/A
Khan Dhaka 1000
Tel: 9554174, 9572169,7162328
E-mail: ffil@bdcom.net
URL: http://www.ffilbd.com
7.Fidelity Assets & 2001 Nitol Centre (2nd Floor)

Securities Company Ltd Managing Director: Mr. Hasan 71, Mohakhali C/A
Iqbal Dhaka 1212
Tel:9898636,8851595,
9887074-76
Fax: 88-02-9898636, 88-02-9883121
Email:fidelity_assets@yahoo.com
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8.First Lease International 1996 Jahangir Tower (4th Floor)
Limited CEO: Mr. Enamul Hoque 10, Kazi Nazrul Islam Avenue
Karwan Bazar, Dhaka 1215
Tel: 9145487-8
E-mail: flil@bol-online.com
URL: http://www.first-lease.com
9.GSP Finance Company 1996 1, Paribagh, Mymensingh Road

(Bangladesh) Limited Managing Director & CEO : Raman, Dhaka 1205
Mr. Feroz U. Haider Tel: 9674306
E-mail: gspfinco@bol-online.com
10. Industrial and 2001 Chamber Building (6th Floor)

Infrastructure development Managing Director: Mr. 122-124 Motijheel C.A. Dhaka 1000
Finance Company limited Mahmood Malik Tel:9559311-12,9553564,9553387
Fax: 88-02-9568987
11. Industrial Promotion and 1981 Hosna Center(4th Floor)

Development Company Managing Director & CEO : 106 Gulshan Avenue
(IPDC) of Bangladesh Mr. Shah A Sarwar Dhaka 1212
Limited Tel: 9885533-8
Fax: 88-02-9885529
E-mail: ipdc@ipdcbd.com
12.Infrastructure 1997 UTC Building (16 th Floor), 8

Development Company Managing Director & CEO: Dr. Panthapath
Limited M. Fouzlul Kabir Khan Karwanbazar, Dhaka 1215
Tel: 9114385, 811235, 9143157
E-mail: idcol@agni.com
URL: http://www.idcol.org
Printers Building (16th Floor.)

13. International Leasing & 1996 5 Rajuk Avenue
Financial Services Ltd Managing Director: Mr. Dhaka 1000
Mustafizur Rahman Tel: 9559639, 9565857, 9667604,
9559322
Fax: 88-02-9559640,
E-mail: ilfsl@bangla.net
URL: http://www.ilfsl.org
14. Islamic Finance & 2001 Chand Mansion (Ground Floor)
Investment Limited 66, Dilkusha C/A
Managing Director: Mr. Rabiul Dhaka 1000
Islam Tel: 9565604
Fax: 88-02-9555454
E-mail: ifil@bdcom.net
URL: http://www.ifilbd.com
15. Lanka Bangla Finance 1997 20, Kemal Attaturk Avenue

Ltd. Managing Director: Mr. Safura Tower (11th Floor) Banani
Mafizuddin Sarker Dhaka 1213
Tel: 9883701
Fax: 88-02-8810998
E-mail: info@lankabangla.com
16. Midas Financing Ltd. 2000 House # 5, Road # 16 (new)

Managing Director: Mr. Abdul Dhanmondi, Dhaka
Rashid Gazi Tel: 8116094-5, 8116186-7
Fax: 88-02-8111188
E-mail: midas@fsbd.net
URL: http://www.midasfl.com
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17. National Housing 1998 National Plaza
Finance and Investments Managing Director: Mr. Md. 1/G Free School Street Sonargaon
Limited Abdur Rob Road ,Dhaka.
Tel: 9669800, 9666281,
9670612-4
Fax: 88-02-9671016
E-mail: midas@fsbd.net
18.Oman Bangladesh 1996 Al-Amin Centre (10th Floor)

Leasing & Finance Limited Managing Director (CC): Mr. 25/A Dilkusha C/A, Dhaka 1000 Tel:
Harun-Al-Rashid 9563371, 9570509
Fax: 88-02-9563370
E-mail: oblf@bangla.net
19. People's Leasing and 1996 City Heart (7th Floor), 67 Nayapaltan
Financial Services Ltd Managing Director: Mr. M Dalil Dhaka 1000
ul Haque Tel: 9352039,8312994
Fax: 88-02-8318275
E-mail: PLFS@bol-online.com
20.Phoenix Leasing 1995 Sadhinata Bhaban(1st floor)

Company Limited Managing Director: Mr. A 88, Motijheel C/A, Dhaka 1000
Quadir Choudhury Tel: 9569007-10, 9555685-7
Fax: 88-02-9567787
Email:phoenixleasing@gmail.com
21.Premier Leasing 2002 Printer Building (15th Floor)

International Ltd. Managing Director: Mr. A.K.M 5, Rajuk Avenue
Nazmul Haque Motijheel C/A
Dhaka 1000
Tel: 9570499,9571959,9571083
Fax: 88-02-9572153
E-mail: plil@sparkbd.net
22. Prime Finance & 1996 63, Dilkusha C/A (7th F)

Investment Ltd Managing Director: Mr. A K M Dhaka 1000
Nazmul Hoque Tel: 9563883, 9563868
Fax: 88-02-9563692
E-mail: info@primefinance.net
URL:http://www.primefinance.net
23. Saudi-Bangladesh 1984 Brac Centre (10th F), 75, Mohakhali

Industrial & Agricultural Managing Director: Mr. Minhaz Dhaka 1212
Investment Company Zia Tel: 9892877-80
Limited (SABINCO) Fax: 880-2-9892882
24.Self Employment Finance 2002 Rupali Bima Bhaban (5th Floor)

Limited 7, Rajuk Avenue
Dhaka 1000
25.The UAE-Bangladesh 1989 Erectors House (5th Floor)

Investment Co. Ltd Managing Director: Mr. S. M. 18 Kemal Ataturk Avenue Banani,
Akbar Dhaka 1213
Tel: 9888203
Fax: 88-02-8810718
E-mail: ubico@dhaka.net
26.Union Capital Limited (1998) Noor Tower

Managing Director: Dr. 1/F Free School Street
Mohammad Hafiz Ahmed 73, Sonargaon Road, Dhaka 1000
Tel: 9662888-99
Fax: 88-02-8616878
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E-mail: mailbox@unicap-bd.com
URL: http://www.unicap-bd.com
27.United Leasing Company 1989 Camellia House, 22 kazi Nazrul Islam

Ltd. Managing Director: Mr. Syed Avenue
Ehsan Quadir Dhaka 1215, Bangladesh
Tel: 8619336-8,9662670
Direct: 8614939, 8610426,9663248
Fax: 88-02-9662596
E-mail: ulc@bangla.net
28.Uttara Finance and 1995 Jiban Bima Tower (6th floor)

Investments Limited Managing Director: Mr. S.M. 10 Dilkusha C/A, Dhaka 1000
Shamsul Arefin Tel: 9568207-9, 9562909, 9567193
Fax: 88-02-9552461
E-mail: uttarafinance@accesstel.net
29.Vanik Bangladesh Managing Director: Mr. Sayyed Safura Tower (11th Floor)
Limited Husain Jamal 20, Kemal Ataturk Avenue
Banani Commercial Area
Dhaka 1213
Tel: 9883701-9
Fax: 88-02-8810998
E-mail: vanik@bangla.net
30. Ahsania-Malaysia Hajj

Investment and Finance
Company Limited 2006 n.a. n.a.
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Industrial and Infrastructure Development Finance Company Limited
(IIDFCL)
Company at a glance
Industrial and Infrastructure Development Finance Company Limited (IIDFCL) was incorporated in
Bangladesh on December 19, 2000 as a public limited company. The Company was licensed under
Financial Institution Act, 1993 by Bangladesh Bank on January 23, 2001 and started operation from May
2001. The registered office of the Company is situated as Chamber Building (6th Floor), 122-124, Motijheel
C/A, Dhaka – 1000, Bangladesh.
The objective of IIDFC is to promote and finance investments in infrastructure and industrial sector. Since its
inception, IIDFC has played a catalytic role in providing alternative source of financing of capital assets to
the private sector enterprises. The services provided included promotion and financing of economically
viable industrial undertakings and infrastructure projects, lease financing for all types of machinery and
equipment includes transport vehicles, participation in the privatization of financial and other public
enterprises through acquisition or by providing technical assistance.
IIDFC is active in arranging syndicated finance for large projects and is one of the market leaders in this
segment. There is separate department for SME financing. IIDFC also offers Bill Discounting, Work Order
Finance and other services.
Products of IIDFC
• Lease Finance
• Term Loan
• Project Finance
• Working Capital Finance
• Structured Finance
• SME Finance
• Factoring
• Home Loan
• Stock Brokerage Services
• Advisory Services
• Other Financial Services
• Deposit Scheme
Lease Finance
The leasing provides financial flexibility to enterprises for procurement of capital assets without blocking their
own funds. IIDFC procures the necessary machinery and equipment used by the clients under leasing
arrangement. Lease rentals which include both interest and principal payments are tax deductible
expenditure. The documentation requirement also is simple, convenient and less time consuming.
Competitive Interest Rate

IIDFC offers competitive interest rates compared to the rates available from other operators in the market.
Repayment Terms
IIDFC offers an attractive repayment package matching the convenience of the entrepreneurs. The lease
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financing can be extended up to seven years depending upon realistic appraisal of circumstance and the
payment pattern can be monthly, quarterly or half-yearly.
Term Loan
IIDFC provides both short term and long term loans for capital expenditure. The longer maturity loans can
reduce the size of installment payments and help improve the cash flow of the enterprises. Fully amortized
equal payment or decreasing payment schedule can also be arranged to ease repayment of debt
obligations. IIDFC also provides loan facilities to meet working capital requirements.
Project Finance Criteria
• Debt-Equity ratio of 60:40 is the norm. Exceptions, however, are made in deserving cases.
• Promoters' integrity and management capability.
• Excellence of Technology
• Conducive market condition
• Assurance of raw material and spare parts supply
• Efficient distribution network
• Financial viability including acceptable profitability ratios, turnover ratios, debt service coverage
ratio, IRR etc.
• IIDFC finances corporate entities only.
IIDFC invests in projects that are sound from economic, technical, marketing and financial points of view.
The project should be able to generate an adequate cash flow to pay for operational costs, servicing of
financial expenses and provide the entrepreneurs an adequate rate of return
Working Capital Finance
Short Term cash requirement / working capital need of clients are met, in selective cases, by
providing time loan facilities for a short term, generally for a period of one to three years.
The loan is repayable by monthly or quarterly installments based on cash flow of projects.
Structured Finance
IIDFC is active in the syndication market and has acted as lead managers to a number of syndication
facilities for large loans arranged by it. With 10 Banks as promoter-shareholders & with a Board of Directors
comprising of the Chief Executive and policy makers of these financial institutions, IIDFC is in a unique
position to arrange syndication facilities by tapping the resources of its own promoters. IIDFC ‘s professional
staff members have the expertise and capability of providing best advice & services on the financial viability
of projects, and the credibility of the project sponsors. IIDFC, as a lead arranger, does all the necessary
documentation and execute & administer the syndicated finance.
SME Finance
IIDFC promotes small and medium entrepreneurs in manufacturing and service industries through its SME
Finance Scheme. The aim is to provide quality service to the entrepreneurs with potential and innovative
ideas.
Whom Do We Finance?
Small and Medium Enterprises involved in business with a proven track record are primarily eligible for the
scheme. We offer different financial products to the potential clients considering the sponsors' credential,
management strength, sales growth, technical soundness, cost efficiency, future prospect and last but not
the least their transaction behaviour with other lenders and associates, if any.
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Where Do We Finance?
Considering the sponsors' past track record, future prospect, opportunities and threats, we finance in the
following areas:
• Light Engineering
• Plastic Manufacturing
• Food Processing
• Garments and Textile
• Knitting and Embroidery
• Garments Accessories
• Handicrafts
• Printing and Packaging
• Poultry / Animal Feed
• Clinic and Diagnostic center
• Hotel and Restaurants
• Educational Institute
The list is not limited to above. They always welcome entrepreneurs from diversified manufacturing areas as
well as service industries.
Terms and Conditions
The General Terms and Conditions are as follows:
Tenure
• 3-5 years for lease

• 1-2 years for Short Term Finance
Maximum limit depends on
• Requirement and equity participation

• Merit of the proposal
Mode of repayment
• Equal monthly / quarterly Installment

• Structured repayment as per requirement to match the cash flow.
Insurance coverage
Leased assets are to be duly insured covering all possible risk and premiums are to be paid by the lessee.
Security
Collateral to secure the finance is not mandatory in IIDFC. Rather the type and mode of security depends on
(i) the nature, experience and performance of the business (ii) past track record of the sponsor(s) and (iii)
the amount of financial facility to be enjoyed.
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ADVANTAGES
• Simple and quick processing

• Competitive rate of interest
• Continuous support
• No Charges or Fees before approval
• No hidden cost
Factoring
Factoring of accounts receivables is an arrangement where finance is provided against the credit
invoices for supply of goods or services. This helps the supplier receive a significant
portion of the invoice amount soon after the delivery of goods or services.
Besides financing, factoring services include:
1. Sales Ledger Maintenance

2. Collection of receivables
3. Reporting
For whom Factoring is applicable?
If any seller supplies significant amount of goods/services to business entities on credit, factoring is suitable
for him.
How It Works
Only seven easy steps…
1. Buyer (Customer) places order on seller (Client of IIDFC).

2. Client approaches IIDFC for approval of Factoring facility.
3. IIDFC approves the facility.
4. Seller (Client of IIDFC) delivers goods/services to Customer.
5. Seller (Client of IIDFC) submits assigned invoices to IIDFC.
6. IIDFC disburses prepayments to Seller (Client of IIDFC).
7. Customer makes payment against invoices directly to IIDFC after a certain time.
IIDFC reimburses the balance amount to Seller (Client of IIDFC) after recovering prepayment, discount and
factoring charges.
Costs
Only costs of Seller (Client of IIDFC) are:
Discount: We charge competitive discount for prepayment against invoices.
Collection Fee: A nominal collection fee is obtained for collecting receivables from customers.
Benefits
Reduced Investment in Receivable: Seller (Client of IIDFC) will receive payment right after delivery and
therefore funds are no longer tied up in receivables.
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Expansion of Business: As cash flows improve, Seller (Client of IIDFC) can increase business by
delivering higher volume to existing customers and also expand business with new ones.
Sales ledger Administration: IIDFC will administer sales ledger of Seller (Client of IIDFC) for the
assigned customers.
Collection of Receivables: IIDFC will monitor and collect the receivables on due time from customers.
High Quality Reports: IIDFC will provide detailed report on the performance of customers that will help
Seller (Client of IIDFC) direct his sales efforts.
Scope For Additional Financing: When Seller (Client of IIDFC) utilize factoring facility properly, it will
support him with other services.
Home Loan
Whom Do We Finance
1. Applicant must be salaried employee or self employed professional or businessman.

2. Applicant's monthly income will not be more than Tk 50,000/-.
3. There will be no apartment/home in the name of the spouse/children of the applicant in the
prescribed area.
4. No Home Loan Scheme by the employer of the applicant / or applicant not availing the facility from
employer.
5. Those who have not received any home loan facility from other Banks or Financial Institutions.
Apartment / Home Details
Purpose To purchase or construct of Flat / Apartment or individual House

Size Maximum 1250 sft
Location • Six(6) city corporation (Dhaka, Chittagong, Rajshahi, Khulna, Sylhet, Barisal),
• Tongi
• Gazipur
• Savar
• Narayanaganj and
• RAJUK approved area adjacent to Dhaka City
Financial Terms
Loan amount Maximum Tk 20 lac

Tenure Maximum 20 years
Rate of interest 9% p.a.
Disbursement Entire loan be disbursed within one year from the date of first disbursement
Grace Period Maximum one(1) year
Repayment Equal monthly installment
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Stock Brokerage Services
IIDFC’s Brokerage Services Division offers a range of options to its Clients and their successors to
meet their respective needs in the area of Stock Brokerage.
About IIDFC Stock Brokerage Services
IIDFC Stock Brokerage Services are designed to provide personalized, secured and simplified financial
solutions for a wide variety of investors who wish to enhance their opportunities while minimizing their
administrative hazards.
Whether the customer is a primary or a capable investor, or even an investor who is well established and
highly experienced in the financial world, the services of the company will suit customer needs. Each service
package shall provide with its unique ability to design financial management plan which will suit customer’s
needs, now and in the future.
IIDFC undertakes to administer investment needs and consult with and/or nominated persons and agents as
required. The company goal is to help customer meeting their cherished objectives, taking into account such
factors as capital growth, cash flow and security.
In line with the past history, IIDFC will always adhere to a conservative investment philosophy. They’ll
always act to serve your best interest.
IIDFC Stoke Brokerage Service At A Glance
YOU:
1. Retain full discretion over financial decisions.

2. Enter into appropriate agreement.
WE:
• Administer and manage all investment documentations.

• Act as custodian of your assets.
• Provide a dedicated Client Service Officer.
• Issue various statements as and when you require.
• Provide privileged access to bonus promotional offers from time to time.
Why Should One Choose IIDFC Brokerage Services?
Because IIDFC
• Provides the best possible investment avenues for savings

• Facilitates the Clients to enhance their return on investments through leveraging.
• Extends margin loan facility to the Clients
• Creates opportunity to maximize the return
• Provides investment counseling to minimize risk
• Broadens the base of investment
• Provides professional counseling in various Stock Market Investments
• Ensures prompt securities dealing through professional traders
• Provides simple & hassle free account opening & maintenance services
• Processes easy orders submission facility
• Provides smooth fund withdrawal facilities
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• Keeps confidentiality of investment
• Has fast reporting system
Eligibility For Opening An Account
Unless otherwise prohibited by law any person is eligible for opening an account with IIDFC Brokerage
Services Division which inter-alia includes:
• Individuals (Local, NRB and Foreign)

• Public & Private Limited Company
• Partnership & Proprietorship Firm
• Trust
• Funds
Fees & Charges On This Account
Documentation fee Tk. 1,000.00 (including BO account)

Brokerage commission 0.35% on transaction value*
Financial expenses on margin loan 16% p.a. to be charged on quarterly basis*
Yearly account maintaining charge Tk. 1,000.00 (including BO account)
CDBL Charges On actual basis
Out-of-pocket and third party expenses On actual basis
*Subject to change from time to time
KEY INFORMATION
Initial deposit Minimum Tk. 50,000.00 only
Margin Loan As per margin loan policy of IIDFC
Area of investment The Client shall be eligible to transact all securities listed with the Stock
Exchange. But if the client is interested for enjoying margin loan facility
from IIDFC, then this facility shall be restricted only the securities
approved by IIDFC.
Withdrawal of fund and The Client will be able to withdraw cash and securities from the account
securities after maintaining required level of debt-equity ratio as set by the
Management from time to time
Minimum Balance If the account does not have any outstanding liabilities the Client can
withdraw fund balance or securities from the account after maintaining a
minimum fund balance of Tk. 5,000.00 or equivalent market value of
securities
Advisory Services
IIDFC has a management team with Professional Bankers, Chartered Accountants, MBAs, Engineers,
Economists and Financial Analysts. The expert team provides consultancy services and carries out
feasibility studies, technical and financial evaluation, market research, market risk analysis etc. if necessary
IIDFC may also co-opt well reputed professional from the market for this purpose.
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Deposit Scheme
IIDFC is authorized by Bangladesh Bank to accept Term Deposits for a period of 6 months
(institutions only) or one year and/or above. It offers attractive terms and returns to the depositors
as well as total security. The minimum amount of deposit is Tk.50,000/- and there is no maximum
limit. The depositors will be allowed to take loans & advances against deposits. The fund raised from
your investment to IIDFC is prudently utilized in various financial activities.
Various types of deposit products
1. Return on Fixed Investment

1. Periodical Earning Deposit
□Yearly earning scheme
□Half yearly earning scheme
□Quarterly profit scheme
□Monthly profit scheme
2. Profit First scheme

3. Money Multiplier Scheme
□Double Money Program (6 years 3 months)
□Triple Money program (10 years)
Deposit scheme Rate (valid up to September 31, 2009)
Type of scheme Tenor Profit Rate Return after

(%) Tax* (per lac)
Monthly profit scheme** Any year 10.50 787.50

Quarterly profit scheme Any year 10.50 2,362.50
Half yearly earning scheme Any year 10.50 4,725.00
Yearly earning scheme 1 year 10.75 9,675.00
2 years 11.00 9,900.00
3 years & above 11.25 10,125.00
Profit First scheme for 1 year only 9.50 8,550.00
Double Money Program 6 years 3 months 190,000.00
Triple Money program 10 years 280,000.00
Half yearly deposit 9.50 4,050.00
(for institutions only)
* 10% source tax (as per government law

This rates are not applicable for Banks and Financials Institutions .
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** For Monthly profit scheme: Minimum deposit Tk 5.00 lac
Who can deposit?
Individual: Any citizen of Bangladesh having age over 18 years.

Institution: Any institution having valid license of permission from appropriate authority of Government of
Bangladesh to do business.
Interest Rate
Interest rate is highly market competitive. The rate prevailing on the date of investment will be applicable for
interest calculation.
Renewal
Deposit made with IIDFC is renewable and the depositor will be informed prior to maturity of already existing
deposits. The rate of interest during renewal will depend on the prevailing market condition.
Taxes and Levies
Taxes and Levies will be deducted from interest earned on the investment as per Government rules and
regulations.
Attractive Return
Attractive and secured return is offered on the investment products to ensure fast growth of your invested
funds.
Easy Loan
We are well aware that you may have any sudden unforeseen requirement of funds. To satisfy such sudden
requirements, you can avail loans up to 90% of your deposited amount.
Customer Service
We believe that depositors are one of the main stakeholders of IIDFC. We consistently deliver very prompt,
efficient and personalized services to our depositors.
Fareast Finance & Investment Limited (FFIL)
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Company at a glance
Fareast Finance & Investment Limited (FFIL) was incorporated in Bangladesh as a public limited company
with limited liability and authorized capital of TK.500.00 million on June 21, 2001under The Companies Act,
1994. The company commenced its business in Bangladesh as per Certificate of Commencement on the
same date. Subsequently the company took license from Bangladesh Bank as a Non-Banking Financial
Institution under The Financial Institutions Act, 1993 to operate as a leasing and financing company as
provided under the relevant Law.
Till date company's paid up capital is Tk.145.00 million and shareholders' equity is Tk.167.02 million.
Besides, company's portfolio exposure to the market is Tk.537.60 million.
Type of Services
To flourish the new ideas or thinking customers can get assistance from Fareast Finance & Investment
Limited through the following ways:
1. Lease finance
2. Bond discounting
3. Term finance
4. Short term finance
5. Import finance
6. Bridge finance
7. Consumer credit scheme
8. Work order finance
9. Factoring
All the above services are fund based. Other than above, Fareast management is ready for
providing fee based services like guaranty for opening of letter of credits etc.
Lease Finance
Lease finance is a contractual arrangement between two parties whereby the owner of an asset (the lessor)
allows another party (the lessee) the exclusive right to use of the asset, usually for an agreed period of time,
in return for the payment of rent. Lessor retains ownership of the asset but the lessee is usually responsible
for insurance, maintenance and all other costs of ownership of the asset. At the end of the lease period the
lessee has the option to buy, re-lease or return the equipment to the lessor.
Fareast management provides full payout financial leases for all types of equipment with a wide range of
capital machinery to be used in industry, construction and vehicles for private and commercial use.
Fareast also arrange syndicate lease finances. In special cases, sale and lease back financing facilities may
be arranged.
Characteristics Of Lease Finance
Asset selection
You have the liberty to select the asset to be leased, supplier and also fix the terms and conditions including
price. Fareast will make direct payment to the supplier after obtaining your approval.
Maximum limit
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Fareast does not believe in maximum limit. You will fix your own limit depending on your repayment
capability from your project/business or other means of earnings.
Lease period
Fareast is flexible to fix the period. This will range from 12 to 60 months depending on cash flow of the
project/business. This is excluding the moratorium period.
Documentation charge
1% of the lease amount ranging from a minimum of Tk.2,500 to a maximum of Tk.25,000 excluding 15%
VAT.
Facility rate
Facility rate will be charged ranging from 14% to 18% per annum depending on the type of industry, items
and kinds of activities financed, repayment period and credit risks.
Moratorium period
The period will depend on the type and implementation schedule of the project. Normally this will be
maximum of six months from the date of first disbursement.
Moratorium rate
The rate fixed for the facility will be the moratorium rate. Interest during moratorium period will be capitalized
with the lease amount and will constitute the acquisition amount of the leased asset at the end of
moratorium period.
Rental
Lease amount is repayable on monthly rental basis through account payee cheques, which will include both
principal and interest thereon. Company is flexible in fixing the monthly rental amount and repayment
schedule.
Rental day
There is no fixed rental day. It is your discretion to select the rental day. You can choose any day of the
month depending on your cash flow. Postdated cheques are required to be deposited at the time of signing
the agreement.
Advance rental
At the time of signing the agreement, one month's rental is to be deposited to the company. This is
adjustable against the last rental. Besides, one month’s rental to be paid in advance at the time of
disbursement of fund.
Delinquent charge
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In the event of failure to make payment on due date, the client shall have to pay a late fee of Tk.250 for each
cheque bounce and delinquent charge @ 2% above the facility rate with quarterly rest on the defaulted
rental amount only.
Registration, insurance and maintenance
Lessee will arrange the registration of the leased assets (if required) in the name of the Fareast Finance &
Investment Limited, insure the leased asset for the total lease period and also maintain the asset in good
condition at his / her own cost.
Transfer price
At the end of lease period and after fulfillment of all obligations to the lessor, lessee may renew the lease or
return the equipment to Fareast or purchase the leased asset at a reasonable price. Normally this varies
from 0.50% to 1% of acquisition amount.
Security
Fareast is fully flexible regarding the security. Depending on the type of investment and credit risk, this will
be finalized with the client.
Early repayment
In case of early repayment of the lease, termination value will be the balance rentals discounted at a rate
below the rate fixed as facility rate and a lump sum fee. In case of partial prepayment, amount so prepaid
may not be redrawn and the facility amount will be reduced accordingly.
Credit status
Credit status of an applicant must be unclassified. A report in this regard will be collected from Credit
Information Bureau of Bangladesh Bank before disbursement.
Term finance
Term finance is a facility provided for a fixed period, usually for more than one year to five years. Over the
period, the borrower pays back the principal along with interest by installments often monthly, quarterly or
half yearly. This is the most common form of business loan. It may be secured or unsecured.
Fareast provides term finance facility to meet the liquidity requirements mainly for of working capital.
Regarding the facility period, interest rate, security and repayment structure Fareast is very much flexible.
Characteristics of Term Finance
Maximum limit
Fareast does not believe in maximum limit. You will fix your own limit depending on your repayment
capability from your project/business or other means of earnings.
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Finance period
Fareast is flexible to fix the period. This will range from 12 to 60 months depending on cash flow of the
project/business. This is excluding the moratorium period.
1% of the finance amount ranging from a minimum of Tk.2,500 to a maximum of Tk.25,000 excluding 15%
VAT.
Facility rate
Facility rate will be charged ranging from 14% to 18% per annum depending on the type of business,
industry, items and kinds of activities financed, repayment period and credit risks.
Moratorium period
The period will depend on the type and implementation schedule of the project. Normally this will be
maximum of three months from the date of first disbursement.
Moratorium rate
The rate fixed for the facility will be the moratorium rate. Interest during moratorium period will be capitalized
with the original finance amount.
Installment
Financed amount is repayable on monthly installment basis through account payee cheques, which will
include both principal and interest thereon. Company is flexible in fixing the monthly installment amount and
repayment schedule. Applying facility rate at 16% per annum.
Installment day
There is no fixed installment day. It is your discretion to select the installment day. You can choose any day
of the month depending on your cash flow. Postdated cheques are required to be deposited at the time of
signing the agreement.
Delinquent charge
In the event of failure to make payment on due date, the client shall have to pay a late fee of Tk.250 for each
cheque bounce and delinquent charge @ 2% above the facility rate with quarterly rest on the defaulted
installment amount only.
Security
Early repayment
In case of early repayment of the facility, termination value will be the unadjusted principal and a lump sum
fee. In case of partial prepayment, amount so prepaid may not be redrawn and the facility amount will be
reduced accordingly.
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Credit status
Information Bureau of Bangladesh Bank before disbursement.
Short Term Finance
Short-term finance is a facility provided for a fixed period less than one year. Within the period, the borrower
pays back the principal along with interest. It may be secured or unsecured. Fareast offers short-term
finance facility to its clients with a view to provide liquidity comfort in emergency situation.
Characteristics of Short Term Finance
Finance period
Fareast is flexible to fix the period, but in any case, it will not exceed 12 months depending on cash flow of
the project/business and there will be no moratorium period.
Purpose
This type of facility will be allowed only for a single purpose and for a single cycle of business.
All other characteristics are identical to the characteristics of term finance.
Consumer Credit Scheme

Consumer credit scheme provide finance facilities to the consumers to meet their demands of the
household for maintaining a higher standard of living, procuring the durable goods and for
fulfillment of their sudden necessities. Generally it’s repayment period is less than two years. Over
the period, the borrower pays back the principal along with interest by monthly installments. It may
be secured or unsecured.
Characteristics of Consumer Credit Scheme
Asset selection
One has the liberty to select the asset to be purchased by you, supplier and also fix the terms and conditions
including price. Fareast will make direct payment to the supplier after obtaining your approval.
All other characteristics are identical to the characteristics of term finance
Factoring
Factoring is a popular mechanism of managing, financing, collecting receivables and credit risk protection. It
is a method of converting receivable into cash by selling receivables to a company that is specialized in the
collection and administration of receivables. A Company can assign its credit management and collection to
specialist organizations, called factoring organizations. Customers are required to make payment directly to
the factoring organization. Factoring organizations will get service fee for credit collection and other services
and to cover bad debt losses. By factoring a borrower can devote more time to market and product
development and improve his customer service. Fareast provides factoring facilities to corporate houses
with attractive rates and structures.
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Characteristics of Factoring
Maximum limit
Fareast does not believe in maximum limit. It will depend on the face value of receivables, quality of
receivables, acceptability in the secondary market, credit risk etc.
Facility period
Fareast is flexible to fix the period. This will range from 12 to 60 months depending on the balance maturity
period of the receivables.
1% of the facility amount ranging from a minimum of Tk.2,500 to a maximum of Tk.25,000 excluding 15%
VAT.
Facility rate
Facility rate will be charged ranging from 14% to 18% per annum depending on the quantity and quality of
the receivables, acceptability in the secondary market, credit risk etc.
Delinquent charge
In the event of failure to make repayment of the receivables by the debtors on due date, the client shall have
to pay a late fee of Tk.250 for each cheque bounce and delinquent charge @ 2% above the facility rate with
quarterly rest on the defaulted amount only.
Security
Credit status
Credit status of an applicant and the debtor must be unclassified. A report in this regard will be collected
from Credit Information Bureau of Bangladesh Bank before disbursement.
Bond Discounting
Bond is a piece of paper by which the issuing authority generally a company limited by shares raises funds
from members of public. In nature, it is a long-term liability of the issuing authority. Over the maturity period,
issuing authority repays the principal along with the interest as per terms and conditions set forth at the time
of issuing the bond. Bonds are usually issued against investments, mortgages, credit card income etc. as
marketable securities.
Bond discounting is a facility by which finance are made to the bond holder against the face value of the
bond which is normally lower than the face value of the bond. It may be noted here that face value is the
price given to a bond when it is issued.
Fareast offers this facility to the Government bonds or bonds acceptable to the stock exchanges or private
bonds acceptable to Fareast Finance & Investment Limited
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Characteristics Of Bond Discounting
Maximum limit
Fareast does not believe in maximum limit. It will depend on the face value of bond, issuing authority,
acceptability in the secondary market, rate of return of the bond; investment risk etc.
Discounting period
Fareast is flexible to fix the period. This will range from 12 to 60 months depending on the balance maturity
period of the bond.
1% of the discounted amount ranging from a minimum of Tk.2,500 to a maximum of Tk.25,000 excluding
15% VAT.
Discounting rate
Discounting rate will be charged ranging from 14% to 18% per annum depending on the issuing authority,
acceptability in the secondary market, rate of return of the bond; investment risk etc.
Delinquent charge
In the event of failure to make repayment of the bond by the issuing authority on due date, the client shall
have to pay a late fee of Tk.250 for each cheque bounce and delinquent charge @ 2% above the facility rate
with quarterly rest on the defaulted amount only.
Security
Credit status
Credit status of an applicant and the bond issuer must be unclassified. A report in this regard will be
collected from Credit Information Bureau of Bangladesh Bank before disbursement.
Import Finance
Import finance is a finance facility through which the borrower has the liberty to import any consumable or
capital item from foreign countries through import finance. The borrower also has the liberty to select the
supplier and other terms and conditions including price and repayment period. In these cases, payment is
made direct to the bank after obtaining borrower’s approval. The custom duties and other charges like
transportation may also be funded. It may be secured or unsecured.
Fareast offers this facility with attractive rate and repayment structure.
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Characteristics Of Import Finance
Selection of item to be imported
You have the liberty to select the item to be imported, supplier and also fix the terms and conditions
including price. Fareast will make direct payment to the bank after obtaining your approval.
Selection of bank
In this case also, you are absolutely free to select the bank and branch. Fareast is fully flexible in this regard.
All other characteristics are identical to the characteristics of term finance.
Bridge Finance
Bridge finance is a method of funding used for a short duration of time until permanent financing is put in
place. Sometimes an individual or a company is assured to get a finance facility from any financial institution
or bank or members of public through initial public offering to meet her/his specific requirements. But there
may be a time gap between the requirement and actual receipt of the fund. In those cases, bridge finance is
the solution.
Fareast is not limited to the bridge finance concept of merchant banking services. Beyond the concept
Fareast provides this facility in anticipation of all types of immediate long term financing ranging from term
loans to initial public offering or equity investment.
Characteristics Of Bridge Finance
Maximum limit
Fareast does not believe in maximum limit. It will depend on the requirement, facility period and mode of
refinancing of the facility.
Facility period
Fareast is flexible to fix the period. This will range from 12 to 60 months depending on the mode of
refinancing.
1% of the facility amount ranging from a minimum of Tk.2,500 to a maximum of Tk.25,000 excluding 15%
VAT.
Facility rate
Facility rate will be charged ranging from 14% to 18% per annum depending on the requirement, and mode
of refinancing.
Delinquent charge
In the event of failure to make arrangement of the refinance and making repayment of the dues on due date,
the client shall have to pay a late fee of Tk.250 for each cheque bounce and delinquent charge @ 2% above
the facility rate with quarterly rest on the defaulted amount only.
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Security
Credit status
Information Bureau of Bangladesh Bank before disbursement
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Industrial Development leasing Company of Bangladesh Ltd ( IDLC )
Company at a glance
IDLC Finance Limited is a multiproduct financial institution, established in 1985 with the collaboration of
reputed international development agencies such as:
• Korean Development Leasing Corporation (KDLC), South Korea

• Kookmin Bank, South Korea
• International Finance Corporation (IFC) of the World Bank Group
• Aga Khan Fund for Economic Development (AKFED)
• German Investment and Development Company (DEG)
The primary goal of IDLC was to help modernize the financial services industry, by introducing modern
modes of financing hitherto unknown to Bangladesh. This, we set about to do, by pioneering the launch of a
multitude of financial products and services.
Product And Services Offered By IDLC
SME products:
Small Business Loan
Medium Business
Women Entrepreneur Loan
Factoring
Personal products:
Deposit Products
Home Loan
Car Loan
Personal Loan
Corporate products:
Corporate Division
Syndication & Fund Raising
Advisory Service
Capital market products:

Merchant Banking
IDLC SECURITIES LIMITED (IDLCSL)
Issue Management
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SME Products
Small Business Loan
Small Business is a loan facility designed to finance small scale trading, manufacturing and service
ventures, especially to help small and medium entrepreneurs to meet their short-term cash flow shortages
and bridge the fund-flow gaps.
Eligibility
• Entrepreneurs with minimum 2 years experience in the same line of business

• Business must be a going concern with at least 2 years in operation
Loan Limit:
• From BDT 3 lac to BDT 50 lac
Key Features
• Loan without any collateral up to BDT 15 lac.

• For partly cash security loan up to BDT 35 lac
• Loan for Working Capital Finance and/or Lease finance for business
• Borrower having loan with other financial institute can also avail Small Business
• Convenient repayment options of Equated Monthly Installment and Customized Repayment Schedule
• Quick, quality door step customer service
Medium Business
SME-Mid segment offers mid and longer term financial solutions to a wide range of clienteles who are in
their journey to emerge as promising corporate houses in near future. their portfolio comprises of various
private limited companies, partnership and proprietorship concerns with promising business opportunities.
They offer a range of financial services which includes, but not limited to-
Lease Financing
• Asset backed financing against industrial machineries, commercial equipments, office equipments,
generators, vehicles, vessels, engines, etc.
• Financing may be extended up to 100% of the cost
• Flexibility regarding security/collateral issues.
• Usually for a tenure of 2 to 5 years
• Repayment through monthly rentals
• Rentals may be equal or structured (step-up, step-down, bullet, etc.)
• Legal ownership remains in the name of IDLC throughout lease period
• Ownership is transferred to the client at the end of term
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Sale & Lease Back
• Financing against any of the existing (already procured/in-use) industrial machineries, commercial
equipments, office equipments, generators, vehicles, vessels, engines, etc.
• The ownership of the asset comes to IDLC at the point of financing
• Financing may be extended upto 100% of the written down value (cost net of depreciation) depending
on the condition of the machine
• Usually for a tenure of 2 to 5 years depending on original date of purchase and current condition of the
asset
• Repayment through monthly rentals
• Ownership is transferred to IDLC at the time of financing and remains in the name of IDLC throughout
lease period
• Ownership is re-transferred to the client at the end of term
Term Loan
• For meeting various regular capital/fixed expenditures like balancing of production line, modernization of
manufacturing process, expansion of capacity and space, etc.
• Usually for a tenure of 1½ to 5 years
• Repayment through monthly installments
• Installments may be equal or structured (step-up, step-down, bullet, etc.)
• Flexibility regarding security/collateral issues.
Project financing - Fixed cost
• For setting up of a new unit as addition to the existing product line and capacity, a new concern of an
existing group, a new Joint Venture project of an existing company, etc.
• Required debt-equity ratio is maintained
• Financial solution for the entire project may be provided through mix of different financial tools from
wide range of services offered by IDLC.
• Lease/Loan tenure varies based on product type. For fixed assets financing, financing tenure may
prolonged up to 6 years
• Deferred repayment structure is available depending on financial product
Bridge Financing
• For meeting the funding requirements of the borrower for any interim period
• Usually for shorter term
• Generally through bullet payments
• Deferred repayment structure is available depending on financial product
Refinancing of Existing Liabilities
• For matching the repayments with cash flows, allowing some more time for repayment, releasing
working capital limits (which got exhausted due to meeting capital expenditures using short term credit
lines) refinancing of existing good quality liabilities is made
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• Terms and repayments are similar to those of term loans
Long Term Finance for Real Estate Developers
• Financing to developers for meeting the capital expenditures/construction costs of any specific real
estate project, both residential and commercial
• A debt-equity ratio is maintained
• Disbursements are usually made in phases with progress of construction work
• Tenure of loan can be up to 6 years depending on nature of the project
• Repayment can be made every quarter or month through equal or structured installments
Loan to corporate houses to procure commercial space
• Financing to corporate clients for procuring office/commercial space

• Loan term may extend up to 6 years, depending on the feasibility.
•
Women Entrepreneur Loan
Women Entrepreneur Loan is a loan facility for small and medium sized business, which are operated by
women entrepreneurs. The product offers terminating loan facilities for the purpose of working capital
finance and/or fixed assets purchase.
Eligibility
• Entrepreneurs with minimum 2 years experience in the same line of business

• Business must be a going concern with at least 2 years in operation
Loan Limit:
• From BDT 3 lac to BDT 50 lac
Interest Rate
• @ 10% Lowest interest rate in the market
Key Features
• Loan without any collateral up to BDT 15 lac.

• Loan for Working Capital Finance and/or Lease finance for business
• Borrower having loan with other financial institute can also avail Loan
• Convenient repayment options of Equated Monthly Installment and Customized Repayment Schedule
• Quick, quality door step customer service
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Factoring
Factoring of Accounts Receivable is a mode of financing receivables arising out of supply of goods or
delivery of services on credit . This revolving short term financing facility enables the suppliers/ service
providers to realize the maximum portion of the payment soon after the delivery is made to the buyer. In
addition to financing, factoring offers value added services like:
Sales ledger administration

Follow up and physical collection of payments
Monthly reporting
Who can Avail Factoring

Factoring is available to all industries that provides services or deliver products to corporate entities i.e.
institutional buyer/ debtor. As a rule of thumb:
• Your business must sell to a credit worthy debtor/buyer on a regular basis

• A receivable/ invoice/ bill that can be verified or has an acceptance by the institutional buyer/debtor
• Having multiple institutional buyers/ debtors is even better
Services Offered
Generally, IDLC provides the Client/Suppliers with the following services:
• Up-front Financing
• Follow-up & Physical Collection of Payment
• Reporting
• Advisory Services
Personal Products
Deposit products:
Cumulative Term Deposit
Annual Profit Term Deposit
Double / Triple Money Deposit
Millionaire / Multimillionaire Scheme
Monthly / Quarterly Earner Deposit
Deposit Rate Sheet
Home Loan:
Home Loan
Home Loan for NRB
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Home Loan Shield
Home Loan @ 9% P.A.
Home Loan:
The leading home loans provider in the country offers you the most convenient home loans to suit
customer’s needs. With so many attractive benefits, the home customer always wanted is no longer a
dream.
Benefits
• Equal consideration for all applications irrespective of any professions

• Dedicated and supportive service both before and after disbursement
• Option to choose either Fixed or Variable rate of interest
• Loan sanction within shortest possible time and also before starting construction of the building or
purchase of the apartment
• Early pre-payment option either in part or full with convenient conditions
• Income tax rebate on yearly interest payment on home loan up to Tk 2 million
• Municipality holding tax rebate
• Maximum loan offering to Non Resident Bangladeshi (NRB)
• Competitive interest rate and lower fees
Home Loans Available For
• Purchase of apartment/ house/ commercial space/ approved housing plots

• Construction of residential/ commercial building
• Renovation or extension of residential house
• Home Equity loan against mortgage of property
• Home Loan under Bangladesh Bank Refinancing Scheme (@ 9% p.a.)
Eligibility
• 25 years and above but not more than 60 years of age

• Earning regularly from a sustainable source of employment or business
Factors Affecting Your Loan Amount

The home loan amount depends on repayment capability. A number of factors are such as monthly net
disposable income, age, qualifications, value of the immovable property, number of family members and
dependants, monthly expense, other fixed obligations, nature of job / business and savings habit are taken
into considerations.
Residential Purpose: 70% of the purchase price including registration cost or 80% of the construction cost of
residential house.
Commercial Purpose: 70% of the purchase price including registration cost.
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Loan Term
Residential Purpose
Category Maximum Term Maximum Age
Professional & Service Holders 20 years 60 years
Businessmen 15 years 60 years
Non Resident Bangladeshi (NRBs) 10 years 60 years

Commercial Purpose: For any profession, maximum 7 years
Repayment Mode
The entire loan to be repaid by Equated Monthly Installments (EMI)
Security
Mortgage of the property itself or any other equivalent security acceptable to IDLC.
Interest Rate & Fees

They offer a competitive interest rate and low fees. They set individual rates on the basis of a customer's
financial status, amount borrowed and repayment terms.
Property Insurance
Mortgaged asset should have fire or earth quake insurance by any IDLC nominated insurance company.
Home Loan for NRB:
If the customer is a Non-Resident Bangladeshi (NRB) and dream of owning a home back in Bangladesh,
reached the right place. With an IDLC Home Loans one can buy an apartment or build a house, extend or
renovate a house or buy approved housing plot to build a house.
IDLC offers maximum loan amount and terms for NRB customers and extend all possible cooperation to
fulfill their dream to build up asset in their home land. Be it legal documentation, project or builder approvals,
and technical advice, they look forward to sharing with customer and this service is absolutely free.
Home Loan Shield
IDLC now provides complete protection to its home loan borrowers. Now home loans borrowers of IDLC can
avail life insurance coverage equivalent to the amount of the outstanding home loan. Home Loan Shield is a
specially designed Group Life Insurance Scheme, which protects your family in your unfortunate death. The
shield takes over the outstanding principal amount of customer’s home loan with IDLC thus protecting their
beloved family from burden of repayment.
Benefits
• Borrower's family is secured from loan burden at the unfortunate death of main earner of the family
• Lowest possible single premium
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• Hassle free coverage merely on declaration (up to certain age limit)
• Free of cost medical examination from recognized hospitals (cost will be borne by the borrower only
when application is turn down by the insurer)
• Proportion return of premium for early loan foreclosure
• Financing of the premium is also available (IDLC will provide, if required)
• Income Tax relief on premium payment
Salient Features
• IDLC will be the master policyholder of the Group Life Insurance and customer will get a certificate as a
member of the scheme.
• Upfront single insurance premium is fixed based on borrower's age, loan tenure and outstanding
principal amount.
• The insurance coverage ranges from Taka 200,000/- to Taka 10,000,000/-.
• Insurance coverage of Tk. 1,000,000/- and Tk. 750,000/- will be granted merely on declaration of your
good health when your age is between 20-40 and 41-45 respectively. Except for above, medical
examination is required.
• Borrower gets minimum 50% to maximum 100% of the home loan coverage under the scheme.
• This coverage will be on a single borrower only. In case of joint loan, the main income earner can
become a member of the scheme.
• The insurance coverage will start from the very first day of loan disbursement.
• This scheme is open to all IDLC home loan customers between the ages of 20 to 55 years. The
maximum age at maturity should not exceed 60 years.
How To Claim
In the event of unfortunate demise, nominee will have to:
• Inform within 7 days of the event

• Provide information and/ or documentation to establish the fact, date, circumstances relating to and
cause of the event
• Co-operate with and assist IDLC in any investigation undertaken by the insurance company
• Provide evidence in support of the claim at the request of IDLC
Home Loan @ 9% P.A.
This scheme is designed for middle and lower middle class customers to purchase or construct new
apartment for own dwelling with in the area of 6 city corporation areas (Dhaka, Chittagong, Rajshahi,
Khulna, Sylhet, Barishal) and municipality areas of Tongi, Gazipur, Savar and Narayangonj. )
Eligibility
• Applicant's Monthly gross income is with in Tk. 50,000/-

• Applicant’s those who have no house/ apartment either in their name or their spouse/ children's name in
the areas specified above
• Applicant's those who have not yet availed home loan from any bank/ financial institutions
• For salaried applicants, officially those who have no employee housing loan scheme or those have so
but still not avail the facilities are eligible for this loan
• The property itself will be kept mortgaged as security
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Features
• Maximum loan amount is Tk. 2,000,000/-

• Maximum loan term is 20 years
• The insurance coverage ranges from Taka 200,000/- to Taka 10,000,000/-.
• Maximum size of apartment is 1250 sft.
• Moratorium period is 1 year
• Entire loan can be disbursed with in one year from the date of first disbursement
Car Loan
Owning car is no longer a luxury anymore; rather it is a useful investment that improves the quality of
customer’s life. The family car is increasingly becoming a vital part of everyday life. With IDLC Car Loan,
one can own their own car and add excitement to his/her life.
Benefits
• Loan sanction within 72 hours of application receipt*

• An opportunity to finance both brand new and re-conditioned cars
• No security
• No personal guarantee
• Competitive interest rate
• Expert advice on car market conditions
• Dedicated and supportive service both before and after disbursement
• Partial or full prepayment option with minimum charges
* Provided that all required documents have been provided to IDLC
Eligibility
• A salaried executive or professional or a businessman

• Between 22 and 60 years of age
• Minimum monthly income of Tk. 25,000/- (this will include income of spouse in case of joint application)
• A minimum of two (2) years of service
• A resident of Dhaka or Chittagong
Loan Amount
Customer/client can avail car loan from Tk 200,000/- to Tk. 4,000,000/- or 70% of the value of the car
(including registration cost), whichever is lower. If client is ready to provide 50% of the car value as cash
deposit with IDLC, they will enjoy a special rate for the entire car loan.
Prepayment Terms
With the attractive car loan package, customers are able to repay the loan according to their convenience.
Choose a maximum of 60 months to repay the loan for a brand new car or re-conditioned car.
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Personal Loan
Benefits
• Faster loan approval

• Competitive interest rate
• Lowest possible charges
• Dedicated and supportive service
• Early settlement option
• We provide both secured and unsecured loans
Purpose
• Purchasing consumer durables

• Meeting any financial liability
• Marriage
• Education
• Domestic or Foreign Travel
• Medical treatment for self/family members
• Any other support that best suits your needs
Types Of Loan
Secured Personal Loan- When loan is backed by any of the following:
• Cash security (deposit with IDLC or line on FDR)

• Assignment of retirement benefits
• Assignment of salary
• Any immovable property (in Dhaka, Gazipur, Savar, Bogra and Chittagong)
Unsecured Personal Loan When the loan is not backed by any security or guarantee under specific
conditions of IDLC.
Eligibility
• Executive reputed local / multinational organization.

• Practicing Physician, Dentist, Chartered Accountant or Architect
• Employee of government organization.
Features
Customer Group Salaried executives of multinationals, local organizations, government

organizations, professionals, local corporate and doctors.
Maximum Age 60 years
Employment Record Minimum 1 year but at least 6 months with current employer
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Repayment Equal monthly installment (EMI)
Minimum Loan Tk. 40,000/-
Maximum Loan Tk 1.00 mln or 12 times of net salary/monthly income whichever is lower.
Tenure Maximum 60 months
Rate of Interest and Fees We offer you a competitive interest rate and low fees.
Personal Guarantee One PG (some times not required)
Early Payment Early prepayment is allowed with minimum charges
Corporate products
Corporate Division
Advisory Service
Corporate Division
To cater mid and longer term financial needs in order to meet diversified requirements of the broad spectrum
of clientele comprising Local Corporate Houses and Multinational Companies operating in Bangladesh, they
offer a range of financial services which includes, but not limited to:
Lease Financing
• Asset backed financing against industrial machineries, commercial equipments, office equipments,
generators, vehicles, vessels, engines, etc.
• Financing may be extended upto 100% of the cost
• Usually for a tenure of 3 to 5 years
• Repayment through monthly or quarterly rentals
• Legal ownership remains in the name of IDLC throughout lease period
• Ownership is transferred to the client at the end of term
Sale & Lease Back
• Financing against any of the existing (already procured/in-use) industrial machineries, commercial
equipments, office equipments, generators, vehicles, vessels, engines, etc.
• The ownership of the asset comes to IDLC at the of financing
34
• Financing may be extended upto 100% of the written down value (cost net of depreciation) depending
on the condition of the machine
• Usually for a tenure of 3 to 5 years depending on original date of purchase and current condition of the
asset
• Repayment through monthly or quarterly rentals
• Ownership is transferred to IDLC at the time of financing and remains in the name of IDLC throughout
lease period
• Ownership is re-transferred to the client at the end of term
Term Loan
• For meeting various regular capital/fixed expenditures like balancing of production line, modernization of
manufacturing process, expansion of capacity and space, etc.
• Usually for a tenure of 1½ to 5 years
• Repayment through monthly or quarterly installments
• Installments may be equal or structured (step-up, step-down, bullet, etc.)
Project Financing - Fixed cost
• For setting up of a new unit as addition to the existing product line and capacity, a new concern of an
existing group, a new Joint Venture project of an existing company, etc.
• Required debt-equity ratio is maintained
• Financial solution for the entire project may be provided through mix of different financial tools from
wide range of services offered by IDLC.
• Loan tenure varies based on product type. For fixed portion loan period may be upto 7 years
• Differ repayment structure is available depending on financial product
Preferred Equity Investments
• If clients raise funds through preferred share, IDLC corporate division makes financing by purchasing
the shares
• IDLC gets payments usually through redemption of the preferred shares over the tenure
Bridge Financing
• For meeting the funding requirements of the borrower for any interim period
• Usually for shorter term
• Generally through bullet payments
Club Financing
• For relatively larger amount of financing IDLC, given its long track record, position and reputation in the
financial industry, arranges funds in partnership with other FIs/Banks for the client.
• Type of facilities range from simple lease financing to a mix of lease and traditional banking products.
35
Refinancing of existing liabilities
• For matching the repayments with cash flows, allowing some more time for repayment, releasing
working capital limits (which got exhausted due to meeting capital expenditures using short term credit
lines) refinancing of existing good quality liabilities is made
• Terms and repayments are similar to those of term loans
Long Term Finance for Real Estate Developers
• Financing to developers for meeting the capital expenditures/construction costs of any specific real
estate project, both residential and commercial
• A debt-equity ratio is maintained
• Disbursements are usually made in phases with progress of construction work
• Tenure of loan can be upto 7 years depending on nature of the project
Loan to corporate houses to procure commercial space
• Financing to corporate clients for procuring office/commercial space

• Loan term may be upto 7 years or so
Common Equity Investments
• Providing equity funds through purchasing common shares issued by the client
Factoring/Reverse Factoring/Distributor Financing
• For meeting the working capital requirements, they offer Factoring Facility to large companies against
receivables with their institutional buyers/customers
• For facilitating better short term fund management, they also extend financing against their payables
with sellers/vendors through Reverse Factoring
• Working capital is also offered for financing distributors through the manufacturers (corporate clients)
• In all the above cases a revolving short term limit is sanction and renewed every year based on some
criterion
As a trusted partner of the leading corporate houses of Bangladesh , Structured Finance Department Is
equipped with the knowledge, expertise and network to offer customized fund-raising services in a variety of
modes:
Loan Syndication
Private Placement of Equity
Project Finance
Foreign-Currency Loan & Special Funds
36
Advisory Service
The Structured Finance Department can offer a range of advisory services to corporate clients to meet their
specific requirements. The Fund Raising and Advisory Services can also complement each other in
satisfying the unique needs of clients. They offer Advisory Services for:
Merger & Acquisition

Joint-Venture
Feasibility Study
Companies can engage in merger and acquisition activities for a multitude of strategic and tactical reasons,
but essentially to achieve synergy by combining complementary resources. It provide advisory service to
either the target company or the buyer company through various stages of such a deal.
When You Are Buying

The company advises the buyer company during the entire deal, starting from identification of the target
company, due diligence and valuation of the target company, and end-to-end coordination of legal, auditing
and other activities to close the deal. Its fund-raising expertise can play a complementary role in acquisition
of the target company.
When You Are Selling
The company assist the target company in identification of the buyer company, valuation of equity of the
target company (and, in case of share swapping, of the buyer company), negotiation with the buyer
company, and end-to-end coordination of legal, auditing and other activities to close the deal.
Joint-Venture
The company assists foreign companies in finding Bangladeshi Joint-Venture (JV) partners, by leveraging
market intelligence and relationship with a large number of corporate clients in its portfolio.
A Joint-Venture arrangement can bring in significant benefits to both partners by combining local
knowledge with advanced technology. What we do:
• Understanding the desired criteria for partner selection

• Identifying potential partners
• Short listing the best prospects by analyzing compatibility and complementarities
• Developing models for equity valuation of the short listed prospects
• Assisting client in negotiation
• Coordinating regulatory and legal activities
Feasibility Study
When client is exploring a new business idea, the company helps them to transform that idea into a concrete
plan by undertaking a Feasibility Study.
37
• Analyzing various aspects affecting the outcome of the project, such as the target market, competition,
regulatory issues, technology and skills requirement, environmental aspects etc.
• Developing a detailed financial model to have a better understanding of the risk and return potentials of
the project
Capital market products

Merchant Banking
Issue Management
Merchant Banking
—Merchant Banking Division

A few millenniums ago, one of the ancestors decided to make a club from the bone of an antelope without
consuming its marrow. They greatly owe the towering achievements of their age to this first investor in
human civilization. Since then, the importance of investment had not diminished . It is extremely important
for future growth and prosperity of the company . The capital market has evolved to facilitate their
investment activities . It increasingly plays a significant role in allocating capital as well as distributing
national and corporate earnings among the generalinvestors.
Capital market differs from other markets in many aspects and , hence, the investment process in capital
market is also unique and complex . Therefore, professional portfolio management services are required for
ensuring optimum performance of your investment portfolio.
—Managed Cap Invest (MCI)
Managed Cap Invest is a personalized discretionary investment account designed for high net worth
individuals and institutions. In other words, IDLC Finance Limited, following a disciplined investment process
and structured approach, will build your portfolio tailored to your specific needs and constraints.
Characteristics of Managed Cap Invest
• Minimum Investment: Individual : Tk. 200,000/- *

• Minimum Investment: Corporate : Tk. 1,000,000/- *
• Minimum Investment Horizon : 1 Year
• Margin Loan : Nil
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Who Can Invest in Managed Cap Invest?
Managed Cap Invest account is ideally suitable for any individual having little or no experience of investing
in Bangladesh capital market. Also, the experienced investors and institutions can invest to achieve greater
sector and style diversification in their portfolios.
Who Will Bear the Risk?

As a client of 'Managed Cap Invest' account, you will have to weather the risk of portfolio performance.
However, your portfolio manager will implement diligent risk control measures.
—Investors Discretionary Account or Cap Invest
Cap Invest is a dynamic investment account that provides the investors with entire range of non
discretionary portfolio management services, which include: Efficient execution of trades through a panel of
reputed brokers.
• Extension of margin loan enabling the investors to earn enhanced return.

• Registration of the securities, collecting dividend, and bonus shares.
• Subscription of the rights issues.
• Completion of dematerialization process.
• Keeping the securities in safe custody.
Major Features of "Cap Invest":
• Cap Invest clients shall have absolute discretionary power to make investment decisions. IDLC, the
Portfolio Manager, shall provide all support for efficient execution of trades.
• Clients are allowed to trade with any one of our designated broker or directly through merchant bank
division.
• Clients will be allowed to invest only in the securities carefully selected and approved by the Portfolio
Manager.
• To facilitate the Clients to enhance their return on investments through leveraging, the Portfolio
Manager will extend margin loan to the Clients.
• All the securities purchased for the Clients shall remain in lien in favor of the Portfolio Manager.
• The Clients will have access to the various research materials on market, industry and companies
prepared by the independent research team of the Portfolio Manager.
• Investment in "Cap Invest" will be considered allowable investment for obtaining tax rebate. Additionally,
capital gains from investments are currently completely tax-exempt.
Characteristics of "Cap Invest"
• Minimum Investment: Tk. 500,000/- *

• Margin Loan: Maximum of 115%* of Client's equity, but not exceeding Tk. 50 million
• Margin Call: If the Clients equity falls below 50% of the total debt liability, the Portfolio Manager shall
call for additional margin deposit from the Client to maintain the stipulated debt to equity ratio of 1:.50
* Subject to change
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A FULLY OWNED SUBSIDIARY OF IDLC FINANCE LIMITED
A fully owned subsidiary of IDLC Finance Limited has been set up to cater to the needs of the capital market
needs of the institutional and individual clients. IDLCSL offers full-fledged international standard brokerage
service for retail and institutional clients and foreign clients. Having seats in both Dhaka and Chittagong
Stock Exchange Limited, it is inevitable that IDLCSL became the trusted broker to most of the foreign, local
institutional investors and high net worth clients investing in Bangladesh and abroad.
IDLCSL is dedicated to providing a high level of professional and personalized services to its domestic and
international clients. The company intends to offer high quality product and service at a competitive rate to
all clients. It has proven reputation in serving customers by maintaining strong compliance practices and
extreme ethical standard.
Brokerage Service for Institutional Clients
• Foreign Fund Managers

• Insurance Companies
• Banks and Financial Institutions
• Trust
• Corporations
Brokerage Service for Retail (Individual) Clients
International and Domestic Placement of Securities
Brokerage Services
• Trade Execution (Dhaka and Chittagong Stock Exchange Limited)

• Pre-IPO Private Placement opportunities through IDLC Finance Limited (Merchant Banking)
• Appointment of dedicated and skilled sales representative
• Opportunities for trading in different financial instruments
Research & Publication
• Daily price information, Market Overview, Daily Fact Sheet

• Monthly report
• Industry/Corporate research report
• Free access to our company research reports through our web-site
• Sectors and Company research reports
• Half yearly political and economic update
Custodial Services
Safe keeping of securities We have an exclusive arrangement for clients to keep their shares in safe custody
in our vault.
40
Depository Participant (DP)
The main function of DP is
• BO (Beneficial Owner) accounts opening and maintenance.

• Dematerialization and Re-materialization
• Transfers and multiple accounts movement
• Pledging, un-pledging and confiscation
• Lending and borrowing
• Corporate events announcement Enquiry (Cash and Non Cash)
• BO ISIN balances and master maintenance enquiry
Islamic Finance and Investment Limited (IFIL)
Company profile and background
The government of Bangladesh in 1991 decided to allow private capital investment to take initiative
concerning the formation of new and dynamic financial institution. This company is a public limited company
within the meaning of clause of section 2(1) of companies’ act, 1994 in Bangladesh fully owned by
Bangladeshi nationals.
41
Islamic Finance and Investment Limited (IFIL) was incorporated on February 27, 2001 as a Public Limited
Company with the Registrar of Joint Stock Companies (RJSC) under the Companies Act 1994 with the
following Capital Structure:-
• Authorized Capital : Tk.100 Crore

• Share Holders Equity: Tk.36.055 Crore.
• Paid Up - Tk.27.478 Crore.
• Statutory Reserve - Tk.37.995 Crore.
• Retained Earnings - Tk.47.776 Crore.
The Bangladesh Bank (BB) issued license to IFIL to operate as NBFI on April 12, 2001. IFIL started its
commercial operation (Investment) on April 19, 2001 with establishment of it’s registered at Noakhali Tower,
55, Purana Paltan, Dhaka-1000, Bangladesh by 23 Bangladeshi businessman. In August 2001 IFIL shifted
its registered Office to the present address at Chand Mansion, 66, Dilkusha C/A, Dhaka-1000. From the very
beginning of its operation, IFIL is playing an important role in private sector leasing and real estate business.
As a full fledged financial institution it receives deposits and extend Investments through better counseling
and effective services to the client for the socio-economic development of the country. The company
continued to be a major financier to Industrial sector and has also supported sectors like Real Estate,
Trading and other sectors.
Products and Services of IFIL
• IFIL Investment Products

• IFIL Deposit Products
IFIL Investment Products

As the market and client demand may dictate, IFIL’s principal activities remain focused on the followings:
Lease Finance
Leasing is the core business of the IFIL.The IFIL is carrying on business of lease financing transactions of
capital goods, plants and equipment, etc. for large to Small and Medium sized industries both corporate and
retail in nature. Some of the preferred terms and conditions are as follows:-
• Running projects having business prospect and profitability for at least last 2 years.
• Investment amount - As per credit worthiness of the customer.
• Tenure - 48 to 60 months.
• Profit rate - 17%-19% depending upon the inherent risk of the project.
Real Estate Financing (Hire Purchase Shirkatul Melk)
HPSM is the another core product of the IFIL.IFIL provides real estate financing under HPSM to its
customers which includes House building construction, finishing and renovation, Flat purchase, Factory
construction, Commercial space and shops purchase. Some of the preferred terms and conditions are as
follows:-
• Projects at development stage; for Flats and Shops, we prefer ready flat/shop financing.
42
• Tenure - Maximum 60 months.
• Profit rate - 17%-19% depending upon the cash flow of the customer.
Bai Muajjal Financing (BAIM)
IFIL provides Bai Muajjal Financing (Trade Finance) by way of purchasing products for its clients for the
ultimate sale by the client to their customers. In nature it is Trading finance which buying of cloths, Raw
Materials, Papers, General items for shops etc. Some of the preferred terms and conditions are as follows:-
• Business having good prospects and cash flow as well as profitability.

• Profit rate - 17%-19% depending upon the cash flow of the customer
SME Finance
IFIL extends Small and Medium Enterprise (SME) Financing to cater their business needs. SME is an
investment scheme for the purpose of raw materials/goods/commodities and/or fixed asset purchase to the
small and medium sized trading, manufacturing, service, agriculture, non-farm activities, agro based
industries etc. Some of the preferred terms and conditions are as follows:-
• Business having good prospects and cash flow as well as profitability.

• Profit rate - 18%-19% depending upon the cash flow of the customer
Project Finance
The Company provides, or arranges financing, for specific projects of any size. It assists its clients, also, in
the planning and implementation of such projects.
IFIL Deposit Products

IFIL being a licensed Financial Institution operating under Bangladesh Bank is also authorized to take
deposits from General Public, Corporate bodies, Governments and Semi-Governments institutions. The
Board of Directors in its 84th meeting approved actual profit rate of 10.19% for 1 weight age.
Product Name
• MTD (Mudaraba Term Deposit)

• MTD (Mudaraba Term Deposit
Basic rules for MTD
• Mudaraba Term Deposits can be opened by cheque, pay order or bank draft from individuals
(single and joint), firms (proprietorship/partnership), limited companies, autonomous bodies,
charitable institutions, association, educational institution, local bodies, trusts, etc.
43
• The account holder is not allowed to withdraw the amount before maturity date. But on obtaining
the IFIL's prior consent the depositor may withdraw the deposit before maturity without any profit
i.e. no profit a loss basis.
• If the profit amount is not withdrawn it will automatically be added to the principal amount annually
and the entire amount will earn profit/loss.
• Matured deposit if not enchased within one month of maturity, the deposit shall automatically be
renewed for the period one year.
• Depositors can avail Quard up to 70% of their deposit amount for MTD(At maturity) 1 year,2
years,3 years & above.
• The IFIL retains the right of refusing to accept any deposit from any person in MTD account without
assigning any reason.
• The IFIL reserves the right to add or alter any or all the rules.
Prime Finance and Investment Limited
Company at a glance
44
Prime Finance is one of the leading financial institutions operating in Bangladesh. Their core competencies
cover lease finance, term finance, real estate finance, SME finance, public issue of shares, portfolio
management, margin loan, share trading etc.
The client is the focal point of all their activities. They are committed to providing their client with excellent,
innovative and fast solutions across all business segments. They want to be the preferred financial
institutions for the clients as they enjoy distinct service culture. Prime Finance holds a leading position in the
capital market operations. It is the undisputed number one in providing comprehensive and integrated
capital market services.
Prime Finance boasts up a broadly diversified business profile. This enables us to offer clients the full range
of services, they expect from a leading financial institution. The company is committed to corporate
citizenship, promoting the common good in the community where it operates. Prime Finance seeks to
constantly increase its return on equity for its shareholders, building on a systematic program of value-based
management.
Product and services

Fund Based Services
- Lease Finance
- Term Finance
- SME Finance
- Real Estate Finance
- Bridge/Equity Finance
- Syndicated Finance
- Hire Purchase
- Margin Loan
- Work Order Finance
- Bill Discounting
Fee Based Services
- Public Issue of Securities

- Underwriting of Securities
- Portfolio Management
- Merger, Acquisition etc.
- Corporate Financial Services
- Share Trading Service
Deposit Schemes
- Annual income deposit

- Monthly income deposit
- Cumulative income deposit
- Double income deposit
- Housing deposit scheme
- Fortune deposit scheme
Fee Based Services
Corporate Services
45
Prime Finance offers an extensive range of professional corporate finance services. They specialize in tailor-
made, value-added solutions, which are particularly suited to small and mid-sized companies. They serve
their clients in their best interest, creating value for them and compliment their business expertise with their
own, to maximize their opportunities for growth.
Fund Arrangement/Syndication
The entrepreneurs of the country are coming forward ever more willingly to implement capital-intensive
projects in various sectors. These projects require large-scale investments in the form of debt and equity
from multiple sources. Prime Finance help raise fund for these projects from banks/financial institutions by
finding the right partners and negotiating acceptable terms for the clients.
Advisory Services
Corporate counseling services are provided in the form of customized solutions for better corporate
performance in terms of prolonged existence and steady growth. Project counseling services include
systematic development of an idea into a plan, development of a financial structure and preparing project
feasibility report.
Creating synergy through merger and acquisition is still a relatively new concept in the country. It is,
however, expected that a significant number of merger proposals will be forthcoming in near future once the
local corporate houses become more familiar with the benefits and mechanism of such synergy. Prime
Finance can help clients achieve this synergy by employing its expertise in the different aspects of
merger/amalgamation and managing the whole process.
Fund Based Services
Lease Finance
Lease Financing is the principal fund based activity of PFI. Until now the company concentrated only on full
payout financial lease transaction for financing a wide range of capital machinery, equipment and vehicles.
They offer leasing as a modern financial instrument for managing corporate investments in movable
equipment. Their customers represent different segments of local markets. They provide services to
developing companies, stable middle-class enterprises and market-leading concerns.
Financial flexibility
Rather than having customers capital tied in one purchase, leasing allows customer to utilize that capital
elsewhere to general higher profits, it also reduces customers cash outflow.
Prompt service
As appraisal and documentation processes are simple, prompt and convenient service would ensure quick
implementation of the project.
Off balance sheet financing
46
Since Prime Finance owns the equipment the leased equipment does not appear on customer’s balance
sheet, customers financial ratios improve.
No need to raise new capital
Raising new equity or debt for capital expenditure has many constraints which can be avoided when
customer opt for leasing.
Avoid budgetary constraints
When customers’ budget does not allow customer to buy equipment, leasing can make the acquisition
possible. Since rental payments are decided in advance, budgeting becomes easier.
Tax benefits
Lease rentals are treated as revenue expenditure and are entirely deductible for tax purposes. This provides
a greater tax benefit for customer in comparison to borrowing.
Term Finance
Short-Term Finance
They offer short-term cash finance to the corporate houses with a view to provide liquidity comfort in
emergency situation. With this the companies finance and manage their accounts receivable and
consequently optimize their business growth. To customize their services and to fulfill the diversified needs
of their honorable customers they have categorized their short time finance offerings into two different
modules:
- Direct finance for working capital.

- Work order finance.
- Bill Discounting
- Bridge Finance
Long-Term Finance
They provide long-term finance to the industrial houses varying for the period from more than 12 months
depending on their need.
Real Estate Finance
Eligibility
- Growing, Medium scale and Large

- Real Estate Companies Must be a REHAB member
Prime Finance "Developers Finance" for
- Construction of Residential Apartment

- Construction of Commercial Building
- Construction of Corporate Office
Advantages
- Tailor Made Product

- Project Specific Finance
- Shorter Processing Time
47
- Enhanced Project Handling Capacity
- Incremental Revenue
- Reduce inventory holding period & cost
- Boost up the Confidence of Customers
- Loan Repayment from the Project Revenue
- Relationship with a dynamic NBFI
Features of the Loan
Loan Amount: Maximum up to 80% of the total project cost
Tenure of the loan: 12 to 60 Months, depending on the project duration
Grace Period: Available in case-to-case basis
Interest Rate: Highly Competitive Interest Rate
Repayment Type: Arrear Basis
Bridge / Equity Finance
They have expanded the service range of Bridge Finance beyond the concept of merchant banking. They
provide short term bridging finance in anticipation of all types of immediate long term financing ranging from
Term Loans to IPO or Equity investment.
BILL DISCOUNTING
Another form of short tenure financing that PFI has introduced recently. Through this companies can infuse
liquidity into their operation by way of discounting their bills. This specific mode of financing can prove to be
extremely effective in receivable and working capital management especially for the manufacturing
concerns.
Two basic types of Bills are accepted for discounting

- Purchase Bill
- Sales Bill
48

Non-Bank Financial Institutions Providing Leasing Services in Bangladesh

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Non-Bank Financial Institutions Providing Leasing Services in Bangladesh

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Introduction

Name of the company Year Of Commencement & Address

3.Bangladesh Industrial 1998 63, Dilkusha C/A (1st Floor)

5.Delta BRAC Housing 1996 Landmark (9th Floor)

6.Fareast Finance & 2001 Printers Building (9th Level)

7.Fidelity Assets & 2001 Nitol Centre (2nd Floor)

9.GSP Finance Company 1996 1, Paribagh, Mymensingh Road

10. Industrial and 2001 Chamber Building (6th Floor)

11. Industrial Promotion and 1981 Hosna Center(4th Floor)

12.Infrastructure 1997 UTC Building (16 th Floor), 8

Printers Building (16th Floor.)

15. Lanka Bangla Finance 1997 20, Kemal Attaturk Avenue

16. Midas Financing Ltd. 2000 House # 5, Road # 16 (new)

18.Oman Bangladesh 1996 Al-Amin Centre (10th Floor)

20.Phoenix Leasing 1995 Sadhinata Bhaban(1st floor)

21.Premier Leasing 2002 Printer Building (15th Floor)

22. Prime Finance & 1996 63, Dilkusha C/A (7th F)

23. Saudi-Bangladesh 1984 Brac Centre (10th F), 75, Mohakhali

24.Self Employment Finance 2002 Rupali Bima Bhaban (5th Floor)

25.The UAE-Bangladesh 1989 Erectors House (5th Floor)

26.Union Capital Limited (1998) Noor Tower

27.United Leasing Company 1989 Camellia House, 22 kazi Nazrul Islam

28.Uttara Finance and 1995 Jiban Bima Tower (6th floor)

30. Ahsania-Malaysia Hajj

Competitive Interest Rate

Project Finance Criteria

Working Capital Finance

Terms and Conditions

The General Terms and Conditions are as follows:

• 3-5 years for lease

Maximum limit depends on

• Requirement and equity participation

• Equal monthly / quarterly Installment

• Simple and quick processing

Besides financing, factoring services include:

1. Sales Ledger Maintenance

For whom Factoring is applicable?

Only seven easy steps…

1. Buyer (Customer) places order on seller (Client of IIDFC).

Only costs of Seller (Client of IIDFC) are:

Discount: We charge competitive discount for prepayment against invoices.

1. Applicant must be salaried employee or self employed professional or businessman.

Apartment / Home Details

Purpose To purchase or construct of Flat / Apartment or individual House

• RAJUK approved area adjacent to Dhaka City

Loan amount Maximum Tk 20 lac

About IIDFC Stock Brokerage Services

IIDFC Stoke Brokerage Service At A Glance

1. Retain full discretion over financial decisions.

• Administer and manage all investment documentations.

Why Should One Choose IIDFC Brokerage Services?

• Provides the best possible investment avenues for savings

Eligibility For Opening An Account

• Individuals (Local, NRB and Foreign)

Fees & Charges On This Account

Documentation fee Tk. 1,000.00 (including BO account)

Initial deposit Minimum Tk. 50,000.00 only

Margin Loan As per margin loan policy of IIDFC

Various types of deposit products

1. Return on Fixed Investment

□Yearly earning scheme

□Half yearly earning scheme