It takes money

to make money.

MSME term loan is available to MSMEs in manufacturing, wholesale, retail, service, MSME industrial units, traders, exporters, importers, and other business enterprises (frequent cash flow and outflow) with a maximum loan tenor of maximum five years.

The MSMEs loan is designed specifically to assist MSMEs in raising working capital or expanding production

  • 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.
  • Short term (up to 1 year)
  • Medium term (up to 3 year)
  • Long Term (up to 5 years)
  • Monthly Amortization (EMI)
  • Monthly interest and Principal yearly
  • One-time of application fee 1% upfront on loan amount. (Application fees may be deducted from the loan amount.)
  • Minimum business operation of 1 year with YCDC license or DICA registered local company Or must have proper business license.
  • Good business performance and financial record.
  • Must meet other criteria specified by FDB Bank.
  • Land and Building
  • Cash collateral (Deposit)
  • Bond
  • Gold bars

  • NRC (Original/Copy)
  • House Hold Registration (Original/Copy)
  • Residence Recommendation from ward office
  • Applicant’s license one photo

  • Business license/ YCDC license
  • If company: DICA certificate of incorporation and company extract, company constitution Resolution, import/export license.
  • If SMEs member: SMEs member card

  • Financial records (at least 2 years)
  • Income tax invoices (for the last fiscal 2 years)