? Uttara Bank Ltd.
Uttara Bank Ltd.

Fixed Term Loan to Enterprise

Category / Loan type: Term Loan

Purpose : Procurement of fixed assets

Customer Eligibility :

  • Must be a going 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
  • 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 : Equal/unequal Monthly / Quarterly / Half Yearly / Yearly Installment .

Interest Rate : Market Competitive

 

Required Documents:

  • Valid Trade License.
  • Up to date TIN Certificate.
  • KYC
  • Regulatory papers

Loan Tenor :2 years to 8 years

Debt Equity Ratio : 70 : 30

 

 

*condition will be applicable

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