AB Bank – Chhoto Puji SME Loan

Chhoto Puji is collateral free loan for working capital/fixed investment requirement.

Purpose

Collateral free loan for working capital/fixed investment requirement

Determination of Limit

• Limit will be determined by the stock and/or receivables or volume of sales.
• Maximum 80% of the stock and/or stock value to be financed

Repayment

• Through EMI/ Lump sum

Loan Amount

• Up to TK 10.00 lac (For both Urban and Rural Branches)

Tenor

• Maximum 3 (Three) years

Security and/or Collateral

• Hypothecation of stocks and/or receivables and/or machineries/equipment etc. and/or furniture, fixtures and other moveable assets.
• Personal guarantee of the spouse and/or other able family member(s) of the borrower.
• Third party guarantee from a person acceptable to the Bank.