Arjon is a fully secured loan. The loan may be secured by way of registered mortgage of Land & building or lien of either FDR or publicly traded shares. This facility will be provided to the credit worthy clients considering the business prospect
FOR SMALL ENTERPRISES:
Partial secured : BDT 2.00 million to 20.00 million
Fully secured : Above BDT 3.00 million up to 30.00 million
For MEDIUM ENTERPRISES:
Partial Secured : BDT 10.00 million to 40.00 million
Fully secured : Above BDT 15.00 million to 50.00 million
Eligibility
Business experience: Minimum 3 years experience in the same line of business
- Age: Minimum 25 years & maximum 50 years
- Collateral: Client must provide either Mortgage Property or lien of TDR or Lien of publicly traded share
Features
- Loan Term: Up to 60 months
- Lower rate of interest
- Customized disbursement & execution procedure
- Security:
a. Lien of TDR with MFIL or other Banks/NBFI
b. Registered Mortgage of Land & Building
c. Hypothecation on present and future assets both fixed & floating nature
Required Document
- Duly filled in and signed Application Form
- Photographs of Applicant & Guarantor(s)
- Valid NID/Passport, Driving/Trade License of Applicant and Guarantor(s) Trade License, E-TIN & NID
- Bank statements of last 12 (Twelve) months
- Sales statements for last 12 (Twelve) months
- Copy of Utility bills
- Rental deed copy
- Land Document (if applicable)