Women Entrepreneur Loan

• 02 years successful business operation for both Collateral and Non-collateral loans. Exception may be allowed regarding business experience by competent authority.
• Any business purpose loan from Tk.1.00 lac to Tk. 50.00 lac.
• No Mortgage or Equitable Mortgage for loans up to Tk. 25 lac.
• Interest rate 9%.
• Processing fee 1% to 1.50%.
• Loan Repayment Period:
  01 year for working capital finance and maximum 05 year for fixed assets purchase.
• To be repaid by Equal Monthly Installment (EMI) or from sales proceeds.

1. Net Worth:

• 3rd party Guarantor's Net Worth must not be less than the proposed   Loan amount / Loan limit.

2.

• In cases where the Borrower is a Limited Company, memorandum  and Articles of Association of the company along with Board Resolution to be obtained.
• Personal Guarantee of all the Directors to be obtained (for Pvt. Ltd. Company)