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 forbusiness to operate properly.
From 10% per annum to 13.5% per annum. Interest 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. Subject to maximum rate that can be charged according to the Central Bank.
One-time of application fee 1% on loan amount. (Application fees may be deducted from the loan amount).
Minimum business operation of 3 years A valid business license to operate and local businesses registered with DICA. Minimum 3 years of successful operation and a solid track record. Must meet other criteria specified by FDB Bank.