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Project Loan
Business Enterprises (other than public limited company) engaged in manufacturing/ service industry can avail Project Loan to set up manufacturing /service unit.
Basic Information
| Target Customer |
Loan Limit
|
Tenor
|
Interest Rate
|
| SME Business Enterprises initiate project for particular business
|
From BDT 500,000 to BDT 10,000,000
|
12 months to 36 months
|
13% to 15% may revised from time to time.
|
Eligibility
- Any legitimate business with two years of operation and at least one year experience in import business.
- Feasible business proposal
- Required business documents
List of some banks which have Project Loan product
|
Bank Name |
Product Name
|
| AB Bank Ltd.
|
SATHI
|
| IFIC Bank Ltd.
|
Project Loan
|
| One Bank Ltd.
|
Project Finance (up to 05 years)
|
| The Premier Bank Ltd.
|
Project Finance
|
Required Documents
- Passport size photograph of loan applicant
- Trade license
- TIN certificate
- VAT certificate (if applicable)
- Electricity Bill
- Telephone Bill
- List and total price of fixed asset
- List of creditors
- List of debtors
- Names of employees, salary, post and monthly salary sheet
- Last 1-3 years bank statement
- One year sales report and profit & loss account of the business
- Completed CIB form
- Current customers/clients list
- Photocopy of partnership deed registered with registrar of firm duly attested by notary public (for partnership firm)
- Photocopy of registration certificate duly attested by Notary Public in case of registered firm (for partnership firm)
- Letter of partnership duly signed by all the partners, in case of non-registered firm (for partnership firm)
- Resolution signed by all the partners to open the A/C (for partnership firm)
- Other documents as per bank requirement & nature of business
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