OBPLC Unnoyon

OBPLC Unnoyon

A bundle loan product structured by OD and term loan simultaneously for SME customers having requirement of financing against fixed asset and meeting up working capital requirement for creditworthy business.

Purpose:

  • Working capital
  • Fixed asset purchase
  • Any other legitimate business purpose

Features:

  • Loan limit from BDT 10.00 Lac to BDT 300.00 Lac.
  • Loan structure: OD : Min. 25% & Max. 75% and Term Loan: Min. 25% & Max. 75%.
  • Loan tenor OD for 12 months (renewable) and Term loan for 60 months.
  • Secured by collateral mortgage as per OBPLC policy.
  • Grace period 3-6 months for manufacturing (applicable as per nature of business)

Eligibility:

  • SME Entrepreneurs age limit: 21 to 65 years.
  • Business must have a valid trade license and has been operating for at least 2 years or more in the same line of business
  • Business is required to generate sufficient cash flow and profit to ensure timely repayment of loan
  • Personal guarantee as per PPG and OBPLC policy

SME Banking