Women Business Loan

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Women Business Loan

Modern women are no longer bounded in the household activities; they have huge contribution to country economy through their successful entrepreneurship & different business activity. Considering their capability, scheduled banks of Bangladesh have introduced women loan for their startup business or enhancement of their existing business.

Basic Information

Target Customer Loan Limit Tenor Interest Rate
Any potential women in the country intend to do business or enhance their existing business. From BDT 50,000 to BDT 50,000,00 depends on type & size of enterprise.
(may differ from bank to bank)
12 Months to 60 months
(May differ from bank to bank)
From 9% to 10% (for SME foundation pre finance) from 13% to 15%
(for bank finance, may differ from bank to bank)

Eligibility

  • Woman entrepreneurs having two years of consistent business experience or start up business with feasible business proposal
  • Valid Trade License.
  • Monthly cash flow to support proposed loan installment.
  • Relevant pre-requisites as desired by the bank from time to time.

List of some banks which have Women Business Loan product

Bank Name Product Name
AB Bank Ltd. AWPARAJITA
IFIC Bank Ltd. IFIC – PROTYASHA, IFIC – PRANTONARI
BRAC Bank Ltd. PROTHOMA SME Loan
Commercial Bank of Ceylon PLC. Sukannya SME Loan
Dhaka Bank Ltd. Overdraft SME
Dutch-Bangla Bank Ltd. DBBL Smart Women Enterprises Financing
Jamuna Bank Ltd. JamunaSwabolombi
Meghna Bank Ltd. Meghna Nabarupa
Midland Bank Ltd. MDB Nari Uddog
Mutual Trust Bank Ltd. MTB Bhaggobati
Mutual Trust Bank Ltd. MTB Gunabati
Dhaka Bank Ltd. Overdraft Pledge SME
Prime Bank Ltd. Anchol
Shahjalal Islami Bank Ltd Prottasha for Woman Entrepreneurs
Standard Bank Ltd. SBL Nari Anuprerona
Standard Chartered Bank Orjon
Islami Bank Banglaesh Ltd. Women Entrepreneurs’ Investment Scheme (WEIS)
The Premier Bank Ltd. Woman Entrepreneurship Loan
The City Bank Ltd. City Nokshi
Trust Bank Ltd. Trust Sukannaya, Trust Nondini, Trust Ekota (Group Loan)
Eastern Bank Ltd. EBL Mukti
Jamuna Bank Ltd. Jamuna Nari Uddogh
NRB Bank Ltd. NRB PRERONA
Bank Asia Ltd. Subarno – Women Entrepreneur
United Commercial Bank Ltd. UCB Jyoti, UCB Dipti
Uttara Bank Ltd. Nari Swanirbor Rin Prakalpo
Uttara Bank Ltd. Nari Swanirbor Rin Prakalpo

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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