NRBC Business Loan
As a businessperson, you are successful. To flourish the business further, you need more liquidity. Though your business transactions are excellent, unfortunately you do not have collateral to provide. NRBC bank is here to cater your need and help to grow your business further.
Features
- Loan Amount: Minimum BDT 2 Lac to Maximum BDT 75 Lac
- Loan Tenor: Flexible loan tenor with maximum 5 years
- Income: Required minimum monthly income BDT 35,000
- Experience: Minimum 3 years in same business
Benefits
Our business loan comes with a host of benefits and is custom-made to meet your unique business requirements
- Collateral free flexible financing solution
- Complete transparency and no hidden charge
- Additional loan facility in need of further financing
- Minimal documentation and hassle-free application
- No pre-settlement fee on maximum 25% of principal settlement
Methods of repayment
Loan can be repaid through Equal Monthly Installment (EMI). NRBC ensures easy & convenient repayment modes covering
- Standing Instruction (SI) from NRBC bank account
- Fund transfer through BEFTN from other bank account
Eligibility
NRBC Business Loan is available for
- Sole Proprietorship concern
- Registered Partnership
- Private Limited Company
- Public Limited Company
Required Documents
- Valid Trade License
- Trade License of last 3 years
- Latest 12 months bank statement
- Valid photo id of Business Owners
- Photograph of Business owners
- Utility Bill of residence & business address
- e-TIN certificate
- Sanction letter of all other loans (if any)
- Board/Partnership Resolution
- Registered Partnership deed (for partnership firm)
- Certificate of incorporation, schedule X and form XII for limited liability company
- Memorandum & Article of Association for limited liability company