SBL Nari Anuprerona- Women Entrepreneurs Loan

As an encouraging gesture, SBL offers “SBL Nari Anuprerona-Women Entrepreneurs’ Loan” with/without collateral to Sole Proprietorship/ Partnership/ Private Limited company (at least 51% shares to be hold) operated by women entrepreneurs to flourish their business.

Key Features
- 1. Any justifiable business purpose for Sole Proprietorship/ Partnership/ Private Limited company (at least 51% shares to be hold) operated by women entrepreneur.
  2. Facility Type – Continuous Loan/Term Loan
  3. Loan Ceiling – Tk. 0.50 Lac to Tk. 50.00 Lac
  4. Loan Tenure – Maximum 12 months with renewal option for Continuous Loan and Maximum 60 months for Term Loan.
  5. Interest Rate- 10.00% p.a.
Eligibility
- 1. Age: At least 21 years.
  2. Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan.
Required Documents
- 1. Valid trade license
  2. Special license/permission (if applicable) for business operation.
  3. Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
  4. Memorandum and Articles of Association in case of Limited Company.
  5. Passport/National voter ID/ward commissioner/UP chairman certificate of the Proprietor/Partner/Directors.
  6. Photo of the proprietor/Partners and guarantors.
  7. Statement of all active bank loans (if any).
  8. Last 12 months bank statement of transactional account.
Security Arrangement
- 1. Hypothecation of machineries, equipment, vehicles, inventories.
  2. Personal guarantee of Proprietor/Partner/Directors and their spouse.
  3. 02(two) 3rd party Guarantors whose Net Worth must not be less than the proposed Loan amount/Loan limit.
  4. Registered mortgage of property/ownership of the space/possession right purchased in Bank’s name.
  5. Lien of cash collateral (FDR) and other encashable financial instrument (in any)