Chalti Rin offers you the loan facility to increase the working capital base by financing day to day business of your Small and Medium Enterprise (SME) business.
Key Features
Any justifiable working capital need for small and medium enterprise customers.
Investment amount - Tk. 2 lac to Tk 50 lac for small enterprise customers and Tk. 2 lac to Tk 300 lac for small and medium enterprise customers
Tenure- Maximum 12 months for continuous loan and Maximum 60 months for term loan.
Eligibility
Age: At least 21 years
Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan.
Required Documents
Trade license - at least 1 (one) year old
Special license (if applicable)
Notarized partnership deed/registered by Sub Register Officer (in case of partnership)
Memorandum and Articles of Association in case of Private Limited Co.
Passport/National voter ID/ward commissioner/UP chairman certificate of the proprietor / partner / derectors.
Photo of the proprietor/Partners and guarantors.
Last 12 months bank statement of transactional account.
Statement of all active bank loans (if any).
Security/Collateral
Registered mortgage of property/ownership of the space/possession right purchased in Bank’s name.
Hypothecation of machineries, equipment, vehicles, inventories.
Lien of cash collateral (FDR) and other encashable financial instrument.
