| We have initiated OBPLC Earnest Money/Bid Bond facility for eGP finance (Time loan for issuing pay order for earnest money and providing bank guarantee for bid bond to participate in tender through online based e-GP). |
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| Purpose: |
| For participating in eGP tender/supply order invited by Govt. /Semi-Govt./Autonomous bodies by providing time loan facility through payment order (Pay Order) or bid bond through bank guarantee. |
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| Features: |
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Regular & specific(on demand) limit. |
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Loan amount maximum Tk. 1.00 crore. |
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Loan tenor 120 days for Time loan (PO) & BG. |
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Pay order issuance charge is free. |
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No collateral required for Earnest Money/Bid Bond. Further W/o facility will be followed by existing OBPLC policy. |
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| Eligibility: |
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SME Entrepreneurs age limit: 21 to 55 years. |
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At least 02 years same line business experience is required. |
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The customer must have contractorship license/enlistment with an acceptable work order issuing authority |
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