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SME Loan

SME Loans stand for Small Medium Enterprises (SME) business loans extended only to medium-sized enterprises.
These loans are tailor-made to suit the needs and requirements of SMEs.
It can be used as a working capital loan as well as for long-term requirements.

  • Loan tenor is from 3 months to 12 months.
  • Loan amount depends on the value of assets in the business.
  • Interest rate is 18% to 48% per annum
  • Service Charges - 1% on Loan Amount

Required Documents

  1. Related Documents such as copy of collateral’s contract, Land’s owner recommendation, photos of collateral (front, back, right side, left side and inside).
  2. Photo (1 Pc)
  3. NRC (Copy)
  4. Permanent/ Temporary Household Registration Document (Copy)
  5. House Rental or Evidence of Ownership (Copy)
  6. Proof of Residency (Original)
  7. Proof of Income (Original) For Self-Employment - Valid Business Register Certification or Trading License or Valid Contract/ Agreement with Partners.