SME Banking
DBBL Term Loan "Somridhi"
| Purpose | Expansion of existing Business Procurement of machinery /other fixed assets , seasonal requirement and any valid business requirement |
| 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 |
| Further facility (Top up/ Repeat loan) |
Further loan will be allowed after 60% timely repayment of the installments. |
| Tenure | 12- 120 Months |
| Overdue charge | Additional 2% p.a. on overdue amount |
| Stamp charges & VAT | All relevant Stamp charges & VAT (as per Govt. rules) |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Age: Minimum 21 years to maximum 70 years (including the tenure of the facility) Experience: An entrepreneur must have at least 3 months business experience supported by valid Trade License. |