Farmers are yet to avail banking services though Bangladesh Bank has been pressing for opening branches in rural areas to make the economy inclusive.
More than 63 percent farmers have to collect loans from different non-government organisations (NGOs), as merely 26 percent of them get bank credits.
A 3.67 percent of farmers is compelled to collect loans from village moneylenders.
An average of 7 percent farmers receive credits from relatives and friends.
The findings were available in a report on the Agriculture and Rural Statistics 2018 unveiled on Sunday by the Bangladesh Bureau of Statistics (BBS), a state agency.
Of the 2 lakh 75 thousand families surveyed by the BBS, 40 percent have collected loans from some sources. Farmers have collected the highest amount of Tk 53 thousand loan from banks on average.
Farmers on an average have received Tk 42 thousand from village creditors, Tk 41 thousand from relatives while Tk 39 thousand from NGOs and Tk 31 thousand from other sources.
According to the BBS report, farmers have spent 62 percent of the loans on agriculture, 12 percent on home repair, 9 percent on livestock, 5 percent on healthcare, 4 percent on wedding, 2.5 percent on education and 5 percent on other purposes.