AB Bank – Uttaran SME Loan

Uttaran

To meet the financial requirement of dealers/ suppliers/ agents/ distributors of ABBL corporate customers/ corporate houses/ groups.

Purpose

To meet the financial requirement of dealers/ suppliers/ agents/ distributors of ABBL corporate customers/ corporate houses/ groups.

Loan Amount

• Minimum TK. 100,000/- (One Lac) onlyLoan Amount.
• Up to TK. 25,00,000/- (Twenty Five lac) only(Collateral free).
• Up to TK. 5,00,00,000/- (Five Crore) only (with Collateral).

Determination of limit

• Letter of Commitment/Letter of Comfort/Letter of Introduction/Corporate Guarantee (as the case may be).

Repayment

• Through EMI/ Lump sum basis.

Repayment Tenor

• Maximum one year.

Primary Security

• Hypothecation of stocks.
• Letter of Commitment/Letter of Comfort/Letter of Introduction/Corporate Guarantee from the principal corporate client(s).
• Cheque covering the total exposure.
• Registered mortgage of land and building and/or any other collateral if finance is beyond Tk. 25.00 Lac.