Chhoto Puji is collateral free loan for working capital/fixed investment requirement.
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
- Up to TK 10.00 lac (For both Urban and Rural Branches)
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.