SME Banking
Dutch Bangla Bank Smart Term-Loan
| Purpose | To meet up seasonal working capital requirement during different festivals like Eid, Puja, Hal-Khata, etc. and urgent working capital requirement of Dutch Bangla Bank Ltd's existing client |
| Target Customers | Existing Dutch Bangla Bank Ltd clients (time tested clients and strongly recommended by Branch |
| Loan Amount | Minimum TK. 100,000/- Maximum TK. 10,000,000/- (Minimum and maximum limit including existing loan limit) |
| Interest Rate(Floating) | Clean : @20.00% Collateralized : @17.00% |
| Processing Fee | Nil |
| Renewal/ Enhancement Fee | Not applicable |
| Tenure | Short term up-to 6 months Tenor of festival loan must be within the tenor of existing loan |
| Overdue charge | Additional 3% p.a. on overdue amount |
| Collateral security | Cross-collateralized of all securities against all loans availed by the client |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Festival loan will be provided only to the existing clients of Dutch Bangla Bank Ltd |