Dutch Bangla Bank SME Loan



Dutch Bangla Bank SME Loan


Purpose:    Expend of Existing Business and meet up working capital requirement

Target Customers:    Any Small and Medium Enterprise Business as per criteria provided by Bangladesh Bank


Loan Amount   

Minimum : TK. 100,000/-
Maximum : TK. 10,000,000/-
Interest Rate : @20.00%
(Floating)
Collateralize : @17.00%
Others: No Processing Fee, Renewal or Enhancement fee



Tenure: One year, Renewable

Overdue Fee:    3% p.a. on Additional overdue amount

Others Charges & VAT: Stamp charges & VAT applicable as per Gov. Rule.

Eligibility:
Bangladeshi by birth
Age limit: 21 years to 65 years
At least two years of experience in related business.

 Required Documents
  1. One Copy passport size color photo of applicant
  2. One Copy passport size color photo of guarantor
  3. NID/passport/ driving license of applicant and guarantor : Photocopy
  4. Utility bill (municipal tax/electricity/gas/water/) : Photocopy
  5. Tax, E-TIN: Photocopy
  6.  One Year Bank statements of applicant and guarantor