When you need to use for investment and we are ready to help you with highest loan amount. The commercial term loan allowed by the bank to have a maximum loan period of 5 years in order for businesses to operate properly.
From 10% per annum to 13.5% per annum.Calculation will be based on daily basis. (The interest rate is variable rate pegged to a base rate i.e., the central bank’s policy rate.)
Land and BuildingCash collateral (Deposit)BondGold bars and JewelryBank GuaranteeApartment and CondoVehicles and Machinery
One-time of application fee 1% upfront on loan amount. (Application fees may be deducted from the loan amount.)
Minimum business operation of 3 yearsA valid business license to operate and local businesses registered with DICAA minimum of three years of successful operation and a solid track recordMust meet other criteria specified by FDB Bank.
NRC (original/copy)House Hold Registration(original/copy)Residence Recommendation form ward officeApplicant’s license one photo
Business licenseDICA Certificate of Incorporation and company extract, Company constitution resolution, Import/Export license