Overview

• This product is aimed to provide loan in small & manufacturing based activities.

Features

• Loan amount: Loan maximum BDT 200 lac.
• Loan Tenor: For project term loan Maximum 96 months (installment monthly/ quarterly) Or Decisions from Bank And Party.
• Loan Tenor: For continuous loan as for Bank Rules.
• Interest Rates: 9.00% (Variable).
• Security: Auxiliary collateral real state needed for Exclusive ownership the maximum loan amount (MCL) will be 75% of the immediate sell price of the property and co-shared/ third party ownership the maximum loan amount (MCL) will be 50% of the immediate sell price of the property.

Customer Segments

• Entrepreneurs of Small industries of manufacturing and service sectors in Bangladesh will be able to avail this loan facility.

Charges and Fees

• Loan application fees: BDT 200.
• Documentation Fees, CIB Charge, Stamp charges And Legal and Valuation Fees are recoverable at actual amount.
• Early Settlement Fees: Not needed.