SME Banking
Dutch Bangla Bank Smart Term-Loan
| Purpose | To meet up working capital requirement as well as expansion of existing business |
| Target Customers | Cottage, Micro, Small and Medium Enterprise as per definition provided by Bangladesh Bank |
| Loan Amount | Minimum : TK. 100,000/- Clean : Up to Tk. 500,000/- |
| Interest Rate (Floating) | Clean : @20.00% Collateralized : @17.00% |
| 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 charges & VAT (as per Govt. rules) |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Experience: As an entrepreneur must have experience at least 2 (Two) years Age: Minimum 21 years to maximum 65 years For renewal purposes, maximum age may be considered up to 70 years |