Rural Banking & Credit Program:
A vast majority of the Bangladeshis live in the rural areas and their main source of income is agriculture and agro-business. Janata Bank Limited has opened branches in rural areas to cater to the banking needs of rural people. Apart from accepting deposits from the rich and moderately well-off villagers, Janata Bank Limited encourages the poor people to make small savings through different mechanisms. It also lends to the poor landless so that they can make a living. The average loan size is about Taka 20,000.00.
Objectives Of  Rural Credit Program
The objectives of the Janata bank are to increase agricultural production and improvement its quality and gear up socio-economic activities among rural people. To create employment opportunities among rural people through providing economic support and Creating confidence among the beneficiaries on institutional credit and their access to improved production practices / activities. To build up asset by creating saving habit among the rural population and poverty reduction.
The major  agricultural / rural credit programs :

• Short term crop production loan program:

The loan is one of the most important of Janata bank. Every year Janata bank earned a lots of money from their loan sectors. Purpose of loan is sanctioning of loan to farmers for crop production. The security of the loan is crop hypothecation and personal guarantee of the borrowers. The rate of interest of the loan is 8%. Duration time of the loan is 6 months to 9 months, Maximum 12 months and repayable at a time after harvesting and marketing of crops.

• Horticulture development loan program:  

To extend financial help to the farmers who are interested to cultivate betel-leaf, banana, pine apple etc. Its rate of interest of the loan is 8%. Duration time of the loan is maximum 1year 6 month from the date of disbursement. Repayable in weekly / monthly / a single installment after crop harvesting and marketing.

• Fishery Loan Program:

To increase fish production in pond and to create employment opportunity for pond                         owners and lease holders by providing credit for pond re-excavation and fish cultivation. The security is pond, in case of pond owner and other properties in case of lease holder are being taken as a registered mortgage and its rate of interest of the loan is 8%. Duration time of the loan is 4years 6 month and repayment of the loan is entire amount of loan with interest is repayable by 4 equal installments. First installment is due for recovery after 18 months from the date of disbursement.

• Shrimp Culture Credit Program:To encourage the shrimp cultivator to produce more shrimps by utilizing modern production practices in order to earn more foreign exchange. The security of the loan is hypothecation of produced shrimp. Collateral security such as land & building are being taken as a registered mortgage and its rate of interest of the loan is 8%. Duration time of the loan is 10 months.
• Irrigation & Agricultural Equipment Credit Program: Loan is given for the purchase of irrigation equipment’s i.e. Shallow Tube Well (STW), Low Lift Pump(LLP), Deep Tube Well (DTW) etc. & Agriculture equipment i.e. Tractor, Power Tiller etc. to increase agricultural production. The Eligibility of loan owner at least 0.5 acre of land in case of irrigation equipment loan and genuine farmer in case of agricultural equipment loan are eligible. The rate of interest of the loan is 8%. Repayment of loan is entire loan amount with interest is repayable by 11 equal half yearly installments within 6(six) years with a grace period of 6(six) months.

This is all of micro-credit program of the Janata bank limited. These credits are earning huge revenue for the bank. The rate of interest of rural-credit is reasonable. Bank is giving loan to micro-credit program sector and generating profit. The rural-credit program is one of the better source of profit for the from which both bank and the customers are being benefited.

Entrepreneurship development Programs:
1, Women Entrepreneur Development Credit program
The target of the product is prospective women entrepreneurs those who are producing goods by themselves or through others. The eager to utilize their educational/professional experience and like to set up new  projects or BMRE of existing projects and need working capital. The eligibility of clients is the women entrepreneurs asking for loan should have minimum   literacy. She should be agile, having will power & innovation traits. Women who have need based/job specific training & skill. The rate of interest of credit program is 10%. The security of the credit is personal guarantee of the applicant, Personal guarantee of the applicant’s husband/father or earning members from any dears & near one’s, guarantee from any known & highly acclaimed person of the society/organization to be obtained.
2.Cyber Café :
The product target is trained youth in computer technology. The object of the product is to create employment opportunity for the unemployed trained youth and expansion of information technology. To purchase computer, server, networking, Internet connection, Printer, Scanner, CD writer, UPS, Decoration etc. The rate of interest of the product is 12%. The security of the product is loans up to Tk. 3.00 Lac, no collateral is required and above Tk. 3.00 Lac collateral is required (1.5 times of loan). In case of no collateral , advance dated cheques (one for each installment and additional one)  are to be taken. Hypothecation of computer and all other equipment’s. In case of no collateral security, 3^rd person guarantee is required. The rate of interest of credit program is 12%.
3.Doctors Loan Scheme:- The target of the loan is MBBS or its equivalent degree holders registered Doctors like Medical Practitioners, Eye Specialist, Cardiologists, Surgeons, Dentists etc, any group of doctors or any institution/company formed by the doctors may apply for availing this loan in the bank’s prescribed form. The rate of interest of credit program is 13%.
3.Small business development loan scheme:- The target of the loan is who are running the business by purchasing shop’s possession or renting for a specific time. The objective of the loan is expansion of existing shop & providing term loan/working capital to existing shop. The rate of interest of credit program is 11%.

Special Credit Program

1. Seed Development Program:- The program is very important for the both bank and customer. The target of the loan is farmer’s Seed Company (FSC). The objective of the loan is to extend loan to farmer’s seed company for procurement, processing & marketing quality seeds for the development of private seed sector. The rate of interest of credit program is 10%.
2. Loan for Handicapped/disabled people:- The target of the loan is physically handicapped/disabled people who has the expertise and intelligence to conduct  the economic activity. The objective of the loan is to raise the income and living standard of  handicapped people by self employment. To help build self reliance and to bring them  into the mainstream of economic activities. To provide assistance for increasing efficiency  at work and in their own professions. The rate of interest of credit program is 10%.
3. Hybrid Milking Cow Rearing (HYV-Milch Cow):- Farmers of Pabna & Sirajgonj region where they developed their skill ness  in milking cow rearing due to suitable grazing land and weather. The milk production capacity of local and  cross breed cow of  Pabna & Sirajgonj region is better. Milk Vita & other milk processing unit have established in these regions. As a result , a potential  milk market  has  created. Considering this fact,  A small credit program ( For establishment of family based rearing farm ) has been undertaken. The rate of interest of credit program is 10%.
4. Credit for Flower plantation & Garden:- Unemployed youth having trainings /experiences in  flower  plantation and garden. At present flower cultivation is an important sector at home & abroad. Its use has become widened day by day. Flower cultivation and business is now commercially profitable in the domestic & export market. To encourage this trade, our bank has initiated a credit program for flower cultivators. The rate of interest of credit program is 10%.
5. Credit Program for Goat Rearing:- Unemployed youth who have got training on goat rearing in semi intensive system. Besides this micro credit is given for thepoor. To alleviate poverty & unemployment problem. The rate of interest of credit program is 10%.

Other Credit Programs: 

1. Credit for Employees-2000:- Employees of different Govt/Semi Govt./Autonomous body/University/College/School/NGOs etc. To meet up the emergency/personal need (e.g. treatment, marriage, travel cost, maternity or for specific activities (e.g. agri. or non agri. purposes etc.) of employees. The employees of above mentioned organizations  excepting Janata Bank Limited. The rate of interest of credit program is 13.50%(Changeable)%.
2. Consumer Credit Scheme-2003:- The target of the credit is fixed income earners. The objective of the credit is to improve standard of living . The rate of interest of credit program is 14%(Changeable).
3. Mushroom Cultivation Loan Program:- To meet up nutritional requirement of most of the people of the country, Creation of self-employment and reducing of poverty. The loan limitation is minimum 5000/- and maximum 25,000/-. Loan repayment period is short term (Maximum 10 months). The rate of interest is 8% (Changeable from time to time as per bank’s interest norms).

This is all of micro-credit program of the Janata bank limited. This credit is earning huge revenue for the bank. The rate of interest of micro-credit is reasonable. Bank is giving loan to micro-credit program sector and generating profit. The micro-credit program is one of the better source of profit for the from which both bank and the customers are being benefited.


Total =                271                69509300.50           1916.00         69509300.50           

Total balance of Janata bank (Patuakhali main branch) (31/01/2010)                                                                                                           (TK)
Total Assets	193510183.17
Total Liability	193510183.17
Total Deposits	175886479.69
Total Advances	69509300.50
Less: interest Suspense	110407.00
Total Net Advances	69398893.50

Total =            202              97612959.50               50,000.00            97612959.50             
                                    

Total balance of Janata bank (Patuakhali main branch) (31/01/2011)                                                                                                           (TK)
Total Assets	228170612.68
Total Liability	228170612.68
Total Deposits	222500845.68
Total Advances	97612959.50
Less: interest Suspense	100032.00
Total Net Advances	975129275.50

Total =                 323                152986983.67          82746.82       152986983.67

 Total balance of Janata bank (Patuakhali Main Branch) (31/12/2012)

Total balance of Janata bank (Patuakhali Main Branch) (31/12/2012)                                                                                                          (TK)
Total Assets	255095438.60
Total Liability	255095438.60
Total Deposits	241000786.60
Total Advances	152986983.67
Less: interest Suspense	116180.00
Total Net Advances	152870803.67

Last three years overall loan performance of Janata Bank Ltd. Patuakhali Main Branch

year	Net Loan	Total no. of Loan
2010	Tk.69398893.50	271
2011	Tk.975129275.50	202
2012	Tk.152870803.67	323

                

The position of Loan of Patuakhali Main Branch Janata Bank Limited:

Advance is a significant side for any bank. Any banks financial status depends on its Credit Department performance. Janata bank is one of the leading banks of Bangladesh and it is one of the representatives of Bangladesh bank. Every year Janata bank gives huge amount loan and Bangladesh government are getting huge profit from that loan. Bank transactions are increasing speedy by owner interest. But many loan conditions are not well of Janata bank. So, those loans are creating obstacle for improving transactions.

Advance and deposit sectors of Janata bank are helping the bank economically. Such as, the bank is earning huge amount of money from advance every year. Advance is the main earning side of a bank. Customers are taking big loan from Janata bank which is very profitable for Janata bank and also Bangladesh government. The bank & customers both are highly benefited by this loan system. Now a present overall condition of Janata bank is good and the condition of loan of Janata Bank Patuakhali Main Branch is good position that I find by comparing last three years data of Credit/Advance department.

Every year the bank is getting a lot of money from the customers deposit and interest of loan. On the other hand customers are benefited from the deposits. Janata bank is carrying huge deposit which is very profitable for the bank. From this deposit money, bank is able to offer huge loan to customers. One of the problem  of this   Bank that it  cannot provides their loans or can’t find better creditor. It is very risk able process for any bank loan system. That can be damage banks economically status. It is low risk if the bank offers their loan in different sectors. If any loaner becomes defaulter the others loan will recover.  So, it’s clear that bank will be benefited if its provides their loan in various sectors. Loan is one of the main source of income which is great significant for bank. Finally we can say bank should be gives their loan in various sectors which is very profitable and financial status will increase rapidly and bank will not carry the risk.











Findings:
The main objective of the report is to analyze over all Loan activities of Janata Bank Limited, Patuakhali Main Branch. The main findings are:

v     Deposits:

Every year the bank is getting a lot of money from the customer’s deposit. JBL, Patuakhali Main Branch.. Branch deposits fund gradually increases last three years (2010,2011 and 2012) correspontly in amount Tk. 175886479.69, Tk. 222500845.68, and Tk. 241000786.60.
Every year the bank is getting a lot of money from the customer’s Patuakhali Main Branch of JBL deposits fund gradually increases for the last three
huge deposit which is very profitable for the bank. From this deposit money bank is able to offer loan to customers

v     Advance/Loan :

Advance is a significant side for any bank. Any banks financial status depends on its advance & loan. Every year Janata bank Ltd. Patuakhali Main Branch gives huge amount loan and Bangladesh government are getting huge profit from that loan. It gives loan Tk. 69509300.50 in 2010, Tk. 97612959.50 in 2011, and 152986983.67 in 2012.

Graphically present the performance of Advance department of Janata Bank Ltd. Patuakhali Main   Branch :


From last three years  data analysis we see that Janata Bank Ltd. Patuakhali Main Branch loan performance is in good situation that display in this graph…….2012 is good than 2010 but 2011. its increase than before the last 2 years. So for its stable market position and needed t0 proper banking policy and Govt. assistance to hold its good position in the market.

v     Loan product:
Al though the loan and advance position of Janata bank Ltd. Patuakhali Main  Branch is increasing but its offer few loan products which are not sufficient. Number of loan of last three years transactions is:

v     Micro-credit program:
Janata bank Ltd. Patuakhali Main Branch also offers a micro credit program that generating profit but its main objectives is socio-economic development. The rate of interest of micro-credit is reasonable. The micro credit facilities is not at bad position of Patuakhali Main Branch but  it can be increase to develop our economic situation. The last three years invested money- Tk. 18826436.00 in 2010, Tk. 18571505.00  in 2011 and  Tk20870044.00 in 2012

v     Profitability:
Advance is the main earning side of a bank. Bank profitability depends on loan performance. Although the condition of loan of Janata Bank Patuakhali Main Branch is increased position in this year and overall position is also in good  position and continue its profitability.

SWOT ANALYSIS:

SWOT is an acronym that stands for strengths, weaknesses, opportunities, and threats.  It is a careful evaluation of an organization’s internal strengths and weaknesses as well as its environmental opportunities and threats. In SWOT analysis, Janata bank limited would get the best strategies accomplish its mission by (1) exploiting its opportunities and strengths while (2) neutralizing its threats and (3) avoiding (or correcting) its weaknesses.

Strengths: ü                                 Strong market share ü                                 Strong networking of branches ü                                 Diversified product lines ü                                 Low cost of fund ü                                 Satisfactory business growth ü                                  skilled  top management	Weaknesses: ü                                 Moderate Asset quality ü                                 Moderate liquidity position ü                                 Moderate Risk Management   System ü                                 Average operational performance ü                                 Poor customer service
Opportunities: ü                               Increasing awareness of Janata banking System. ü                               Agro based industry investment ü                               Real time online banking ü                               Global existence.	Threats: ü                                 Increased competition in the market ü                                 liquidity crisis in money market ü                                 Government Intervention ü                                 Lack of sufficient  skill person.

Recommendation:

Though Janata Bank Patuakhali main Branch is performing well but it has some crucial areas to improve which are prescribed below:

1. Competition is increasing day by day and every commercial bank is now utilize modern technology So, JBL needs to utilize these modern technologies to attractive loan products.

1. JBL needs to recruit skilled human resources which can turn the bank ahead.

1. To ensure good customer service for existing competitive market.

1. JBL’s investment processing should become easier than other conventional banks.

1. To Improvement of advance and loan position by :

• Providing good customer service.
• Providing lower interest rate.
• Attractive advertising.
• Reliable loan application process.

1. JBL should provide diversified  loan products which will more attractive to the target customer.

1. Loan division is required to adopt and implement accurate programs that will give error-free calculations, because miscalculation is a gross mistake that can adversely affect the organizations’ reputation and reliability.

1. To be more innovative for new profitable loan.

1. Government should decrease their unethical intervention and should help in loan collection.

3.1  Advance:
In modern age commercial bank does different kinds of responsibilities. Giving Advance is one of the main issues of them. we can describe advance like this by focusing on its practical aspects:-
“Depending on the relation between bank and customer, bank offer ensuring to the client’s purpose and paying schedule” again  when the bank gives special advantage or extra money to clients is called advance. For giving advance bank has a fixed regulation.


Necessity And Importance Of Advance:
Bank pays interests in fixed basis to different categories of depositors. After all to run the administration and branches of bank needs lots of money. Finally, to sustain as a commercial organization needs to make profit after paying money to these fields, so, for shake of bank has to pay back the capital property to the people which was taken from them. Bank cannot make profit equally from all kinds of advance. It overall depends on the right use and principles of advance. On other hand if it stocks all deposits it’s also not goes to the bank requirements. So, has to balance between these two.

SOURCES OF ADVANCE OF JBL:

Below described sources are the ways of bank advance:-
a)      Different classes of deposits.
b)      Unalloyed profit and reserve.
c)      Loan from Bangladesh bank, other banks and sources.

Among these sources different kinds of deposits are main, because bank cannot use other resources in its need anytime except deposits. Of bank wants to pay advance from other resources has to face different kinds of obstacles. So, deposit is the best source to use in any purpose bank wishes.

3.2  Selecting clients rights and Bank responsibilities:

Sound Principle of Lending:
When any bank allows a loan to a client it focuses on loans purpose and on the honesty of  it’s payback more rather than taking security assets . If unwillingly any client is not able to pay the loan back than the bank takes away the security assets. Although there has a risk in all kinds of loans, but to bound it in a limit has some principles that should be followed safety, liquidity, purpose of the loan, security, profitability, spread of loan and National interest is briefly called principles of lending.

1. 1.      Safety: For bank loan there has a word for it is “Safety first” so ford giving loans or advance a bankers first principle should be the safety. The existence of banks depends on the lending safety. So, banker should not be careless about the safety of lending money. The safety of lending is the most important thing for a bank to be in a good condition.

1. 2.      Liquidity: Banks Need to careful when giving advance. The loan money cannot be left or stocked for a long time what can make the bank loan advance less liquid and that can be very difficult to get back during the time of special situation.

1. 3.      Security: Land, building , FDR, commercial papers can be the security against the loan. In some fields loaner’s personal commitment is the main key to give loans. There is a word “Security is only a cushion to fall back upon in case of that has to be sufficient, easily sellable and fully non demandable.

1. 4.      Profitability: One of the main source of banks profit is getting profit from loan giving. Mainly bank takes deposit from clients by giving them interest. Bank has to give salaries to its workers, officers, and bank incomes money basically from interest of loan / advance. Bank invests money there from where bank has a security to get capital and interest a together.

1. 5.      Spread: Whole money should not be invested on one group or party. So, if you invest to one party, if this party makes loss in business the bank has to suffer. So, the investment should not be on a specific area and on specific field. “It is better to give small amount of loan to a big size of parties rather than giving big amount of money to a small size group”.
2. 6.      National Interest: Bank has a principle key role on national economic growth. For the greater interest of the country bank gives loans in sectors these are highlighted by the development plan implementation. Sometimes bank gives loans in risky field such as agricultural, industry, small business, and export business for the national interest.
3. 3.3  Advance processing of JBL:
   Generally a bank takes certain steps to deliver its proposed advance to the client. But the process takes deep analysis. Because banks invest depositors fund, not banks’ own fund. If the bank fails to meet depositors demand, then it must collapse. So, each bank should take strong concentration on advance proposal. However, Janata Bank Limited (JBL) makes its advance decision through successfully passing the following crucial steps:
4. 1. 1.     SELECTING LOAN TAKERS /CLIENTS:
   
   The main quality of loaner is to use the loan money properly and give payback the money fall with due interest. So, the lender should have to be confirmed first that the loan taker will be able to meet this. If the lender could not believe that loan taker can pay back the loan money and due interest in time, need not give loans. The experts duly that why says that after analyzing “ 5.C” have to select the loan client. So, before allowing loan money for selecting candidate necessary activities should be done with carefulness and honesty.
   Generally, bank analyses the following five C’s of the client:
   
   • Character;
   • Capacity;
   • Capital;
   • Collateral;
   • Condition;
   • Other necessary activities;
   
   
   1. Character – It is intention of the borrower to pay the loan. It determines the moral risk. It includes integrity of purpose, reputation for honesty, promptness in paying debts & fulfilling contract, high standard of business ethics & records of past performance.
   
   
   2. Capacity – It is Borrowers competence in the field to employ the fund profitably & ability to generate income. It indicates the business risk. Capacity involves business ability of borrower, reputation of product & soundness of business method.
   3. Capital– It is the financial strength of a risk. It is measured by the equity or net worth of the business.
   4. Condition – It is the general business conditions and the conditions of the particular industry in which the applicant is involved.
   5. Collateral – It implies the additional security taken to offset weaknesses that are apparent in the risk.
   Before performing credit report, the Manager has to go through an investigation. The degree of investigation will be greater or less depending upon the amount of the loan & whether the loan is or is not secured.
   
   1. 2.     Application stage:
   
   At this stage, the bank will collect necessary information about the prospective client. For this reason, bank informs the prospective client to provide or fill duly respective information which is crucial for the initiation of advance proposal. Generally, here, all the required documents for taking loan have to prepare by the client himself. Documents that are necessary for getting loan of JBL is prescribed below:
   
   
   1.             I.                                  Trade License photocopy (for proprietorship);
   2.          II.                                  Abridged pro forma income statement;
   3.       III.                                  Attested copy of partnership deed (for partnership business);
   4.       IV.                                  Prior three (03) years’ audited balance sheet (for joint stock company);
   5.          V.                                  Abridged pro forma income statement for loan program;
   6.       VI.                                  Attested copy of the Tax Identification Number (TIN)- including final assessment;
   7.    VII.                                  Tenders of the proposed assets
   8. VIII.                                  Detailed summary of the sundry debtors and creditors (including both time & schedule);
   9.       IX.                                  Summary of the personal movable & immovable assets; and others.
   
   3. Appraisal Stage:
   At this stage, the bank evaluates the client and his/her business. It is the most important stage. Because, on the basis of this stage, bank usually goes for sanctioning the proposed loan limit/proposal. If anything goes wrong here, the bank suddenly stops to make payment of loan.
   
   However, the following contents are presented from that appraisal report:
   
   1. A.                           Company’s/Client’s Information.
   2. B.                             Owner’s Information.
   3. C.                           Purpose of Investment/Facilities.
   4. D.                          Details of Proposed Facilities/loan.
   5. E.                             Break up of Present Outstanding.
   6. F.                              Previous Banker’s Information.
   7. G.                          Business/Industry Analysis.
   8. H.                            Relationship Analysis.
   9. I.                             Asset-Liability position of the client as per Audited Balance Sheet.
   10. J.                            Working Capital Assessment.
   11. K.                           Risk Grade.
   12. L.                           Insurance Coverage.
   13. M.                        Audit Observation.
   14. N.                           Security Analysis.
   
   
   
   1. 4.                                  Sanctioning stage:
   
   At this stage, the bank officially approves the investment proposal of the respective client. In this case client receives bank’s sanction letter. Janata Bank Limited (JBL)’s sanction letter contains the following elements:
   
   1.           I.                                    Mode & amount of loan.
   2.        II.                                    Investment Limit
   3.     III.                                    Purpose of loan.
   4.      IV.                                    Period of loan.
   5.         V.                                    Rate of return.
   
   
   1. 5.                                    DOCUMENTATION:
   At this stage, usually the bank analyses whether required documents are in order. In the documentation stage, Janata Bank Limited (IBBL) checks the following documents of the client:
   
   1. Tax Payment Certificate.
   2. Stock Report.
   3. Trade License
   4. VAT certificate
   5. Liability statement from different parties.
   6. Receivable from different clients.
   7. Other assets statement.
   8. Aungykar Nama.
   
   
   9. Ghosona Potra.
   10. Three (03) years net income & business transactions.
   11. Performance report with the bank.
   12. Account Statement Form of the bank.
   
   
   
   1. 6.                                    DISBURSEMENT STAGE:
   
   At this stage, bank decides to pay out money. Here, the client gets his/her desired fund or goods. It is to be noted that before disbursement a “site plan” showing the exact location of each mor9.tgage property needs to be physically verified.
   
   
   1. 7.                                    MONITORING AND RECOVERY STAGE:
   
   At this final stage of advance processing of the Janata Bank Limited bank will contact with the client continually. the bank will keep his eye on over the loan taker. If needed, bank will physically verify the client’s operations. Also if bank feels that anything is going wrong then it tries to recover its loan fund from the client.
   
   
   3.4   DIFFERENT TYPE OF LOAN OF JANATA BANK:
   Different type of loan and advances provided by JBL which are given bellow-
   
   General house building loan (GHBL):
   
   House building loan is a very vital loan of JBL. The purpose of this loan is to given support to construction of building. For this reason the building sector of our countries developing most of the real state companies are taking huge amount of loan from JBL. From house building loan both bank and customer are being gainers.
   
   
   Objectives:
   
   • To extend the benefits of the loan of the Bank under the Scheme to different sections of the people.
   • To assist in solving the existing housing problem of the country.
   • To assist the service holders and professionals with fixed income to arrange for houses of their own.
   • To extend the investment facilities of the Bank to every corner of the country, by size of loan, by sector of loan and on the basis of geographical area.
   
   Target Area: The target of house building of JBL is all over Bangladesh.
   
   Rate of interest: The rate of interest is 15% which are  for customers and bank job holder of JBL is 5%.
   Procedure for Application:  Interested persons shall have to apply in prescribed form of the Bank through the Branch of the concerned area. The Bank shall sanction investment if the proposal is found acceptable after examination of its viability and profitability. The Bank reserves the right to sanction or reject any advance proposal.
   
   Car Loan Scheme:-
   Janata Bank has introduced the ‘Car loan Scheme’ for the mid and high ranking officials of government and semi-government organizations, corporations, executives and directors of big business houses and companies and also for persons of different professional groups on easy payment terms and conditions.
   
   Objectives
   
   • To assist in minimizing transport problem and help the mid and high ranking officials and professionals with fixed income in the improvement of their standard of living.
   • To extend the range of Bank’s loan facilities to various sections of people in line with the ideals of the Bank.
   • To diversify the investment portfolio of the Bank by size, sector and volume..
   
   
   
   
   Rate of Return: the rate of interest of JBL is 1% for bank employee and the customers is 6.5%.
   
   
   Loan Against Motorcycle ( LAM ):
   Motorcycle loan is very supportive for our real life. Motorcycle is considered as an essential mode of transport in the modern society, particularly by a section of the officials, business houses and business executives and established professionals for movement in discharging their duties and responsibilities punctually and efficiently.
   
   Objectives:
   
   • To assist in minimizing transport problem in the private sector and help the mid and high ranking officials and professionals with fixed income in the improvement of their standard of living.
   • To extend the range of Bank’s investment facilities to various sections of people in line with the ideals of the Bank.
   
   Ceiling of Bank’s Investment:
   Bank’s investment is maximum Tk. 80 thousand per client against purchase cost of the vehicle. Registration and comprehensive insurance cover shall be in the name of the Bank. The clients shall have to bear all subsequent expenses relating to blue book, registration, first party insurance, tax token etc.
   
   Rate of Return:  The rate of interest of motorcycle loan is 5%.
   
   
   
   
   
   Loan Against Bicycle (LAB):
   
   This loan is one of most important loan of JBL. Most of the poor peoples are gets help from this loan. The rate of interest of bicycle of JBL is 5%. The interest rate is very flexible for customers.
   
   
   Loan Against Import:
   The role of modern communication is most vital for the socio-economic growth and uplift of a developing country like Bangladesh. A sound and efficient communication network is the pre-requisite for sustained development through the expansion of trade, commerce and industry. Loan against import is important loan of JBL. Huge of export/import businessman are involve in this loan.
   
   Rate of Return:  The rate of interest of import loan is 6%.
   Target Area :   The target are of the loan is all over the world.
   
   
   Loan Against Fixed Deposit (LAFD):
   A bank is an organization whose principle operation s are concerned with the accumulation of the temporally idle money of the general public for the purpose of advancing to other for expenditure. JBL do not section any loan without mortgage.
   There are two types of mortgage:-
   
   1. Tangible mortgage:-Like deposit receipt of deposit, share, insurance, properties, fixed assets, etc.
   2. In tangible mortgage:-Personal mortgage.
   
   Application Process of LAFD:
   The security of loan is acceptable then a form will fill up which evaluate the time of loan. The potential borrower will submit an application to bank for loan against FDR in white page or official pad. Sign of the application will be came as certified signature receipt number. Date issue of expires mention in here.
   Interest of loan: – Generally it will be 3% but for another bank it can be 12 point 50%
   
   Loan Against Provident Fund ( LAPF ):
   
   Janata bank, as welfare oriented financial institution, is committed to generate employment and bring about an overall improvement in the socio-economic condition of the people and the quality of their life.
   
   Eligibility of the Clients : Official employments are right person of this loan.
   
   Rate of Return: The rate of interest of this loan is 3%.