OBPLC Romoni
An Equated Monthly Installment (EMI) based Term loan facility to be offered to SMEs of Women Entrepreneurs for working capital, fixed asset purchase or any other legitimate business purpose. Bank would finance against adequate cash flow of the business enterprise that proves it creditworthy.
Purpose:
- Working capital
- Fixed asset purchase
- Any other legitimate business purpose
Features:
- Loan limit Up-to 25.00 lac*
- Rate of Interest 5.00%*
- Repayment tenor minimum 12 months to maximum 60 months.
- Finance against personal guarantee & hypothecation for up to BDT 25 lac.
- Grace period Up-to 6 months.
- 1.00 % Cash Incentive for Good Borrower from Bangladesh Bank*
Eligibility:
- SME Entrepreneurs age limit: 21 to 60 years.
- At least 02 years business experience required
- Having good financial track record
- Guarantor age has to be 21 to 60 years.