AB Bank – Sathi SME Loan

Sathi is a term loan for CNG Refueling conversion/ Light Engineering/ project finance (package deal including non-funded).

Purpose

Term loan for CNG Refueling conversion/ Light Engineering/ project finance (package deal including non-funded)

Determination of Limit

• Loan amount will be maximum 90% of the value of the imported and/or locally procured machineries.

Repayment

• Through EMI : Moratorium period: maximum 6 (six) months

Loan Amount

• Maximum TK 500.00 lac

Tenor

• Maximum 5 (Five) years

Security and/or Collateral

• Hypothecation of machineries and/or stock and/or receivables.
• Registered mortgage of project land & building; additional land (if required)
• PG of the spouse of the proprietor / PG of the directors.