Bangladesh Bank has directed to give loans in the ratio of 70:30 for the purchase of digital devices (laptops, mobiles, computers, tabs etc.) under consumer loans. In this case, the consumer has been given a condition to keep a capital of Tk 30. A circular in this regard was issued on Monday (July 12) by the Banking Regulation and Policy Department-BRPD.

According to the circular, the use of digital devices in teachers and students and in educational institutions has increased due to the outbreak of the epidemic coronavirus in almost all educational institutions through online classes. In addition, as part of the government's vision for a 'Digital Bangladesh', funding for the ICT sector is being encouraged at the grassroots level for reliable digital access and development of IT-rich human resources.

It further said that in the light of the above, it has been decided that the existing loan-margin ratio of 30:70 instead of 70:30 should be maximized for the disbursement of loans for the purchase of digital devices (laptops / mobiles / computers / tabs) in favor of the consumer under consumer loans. 30 ratio can be followed.

Sunbd/NJ