? Uttara Bank Ltd.
Uttara Bank Ltd.

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Working Capital Loan

Financing to the every operations of the company, Uttara Bank Limited provides working capital Loans in different forms to the Enterprises with the following details : 

 

Key Features :

  • Category / Loan type:
  • Cash Credit (Hypo)
  • Cash Credit (Pledge)
  • O/D (General)

 

Customer Eligibility :

  • Must be a growing Business Concern.
  • At Least 2 Years Business History.
  • Must be a Current Account Holder of the Bank.
  • Up dated clean CIB Report.

 

Security :

  • Registered Mortgage of Land & Building
  • Hypothecation/Pledge of stock in trade.
  • Personal Guarantee of the Owner(s)/ Directors.
  • Corporate Guarantee of the Related Business Concern(s)
  • Post dated cheque.
  • Other Securities as acceptable to the Bank

 

Repayment : In lump sum from time to time, full adjustment within the validity.

Interest Rate : Market Competitive

 

Documents Required:

  • Valid Trade License.
  • Up to date TIN Certificate.
  • KYC
  • Regulatory papers
  • Loan Tenor :1 (One) Year (Renewable)
  • Margin : 50:50

 

 

*condition will be applicable

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