Dhaka, July 30 -- IPDC Finance PLC has launched a loan product named Progga, specially designed for teachers in Bangladesh.

The launch aligns with the 5th edition of the joint initiative "Priyo Shikkhok Shommanona 2025," which celebrates and supports the invaluable contributions of teachers to the nation's development, according to a media release.

The loan offers a special reduced interest rate, a 50 per cent discount on processing fees, and loan amounts of up to BDT 25 lakh without any collateral requirements.

Unlike traditional loans, Progga also considers supplemental income sources, such as tuition or coaching fees, to make the process more inclusive, the release says.

Designed with flexibility at its core, Progga offers repaymen...