SME Banking
Dutch Bangla Bank Smart Distributor Financing
| Purpose | Working capital requirement of Distributors of well-known companies operating in Bangladesh |
| Target Customers | Distributors of well-known local or multinational companies. Distributor firm must be under Small and Medium Enterprise as per definition of Bangladesh Bank |
| Loan Amount | Minimum : TK. 100,000/- |
| Interest Rate (Floating) | 17.00% p.a. |
| Processing Fee | Nil |
| Renewal/ Enhancement Fee | Nil |
| Tenure | 01(one) year (Renewable) (renewable after complying certain terms & conditions) |
| Overdue charge | Additional 3% p.a. on overdue amount |
| Stamp charges & VAT | All relevant Stamp charges & VAT (as per Govt. rules) |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Experience: At least 1 (one) year distributorship experience with a renowned company having MOU or agreement with Dutch Bangla Bank Ltd Age: Minimum 21 years and maximum 65 years. For renewal purpose, maximum age may be considered up to 70 years |