SME Banking
DBBL Cash Credit “Len-den”
| Purpose | To meet up working capital requirement of business. |
| Target Customers | Any legitimate business under Cottage, Micro, Small and Medium entrepreneurs as per definition provided by Bangladesh Bank. |
| Loan Amount | Maximum up to 750 Mil. |
| Interest Rate (Floating) | Competitive Interest Rate |
| Processing Fee | Nil |
| Renewal/ Enhancement Fee | Nil |
| Tenure | 01(one) year, Renewable (renewable after complying certain terms and conditions) |
| Overdue charge | Additional 3% p.a. on overdue amount |
| Stamp charges & VAT | All relevant Stamp, CIB charges & VAT (as per Govt. rules) |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Experience: As an entrepreneur must have at least 3 months business experience supported by valid Trade License Age: Minimum 21 years to maximum 65 years, for renewal purposes maximum age may be considered up to 70 years |