Boshoti is a loan facility for construction of residential facility and dormitory for rental purpose
In line with the substantial demand of accommodation facilities for workers and jobholders, infrastructure development is urgently required in most of the industrial areas of Bangladesh. Considering this growing demand, MFIL is offering a financing facility to the landowners.
Eligibility:
- Business experience: Minimum 2 years experience in the same line of business supported by Trade License, Rental deed or rental receipts
- Age : Minimum 25 years & maximum 60 years
- Loan Amount : Up to BDT 15 million.
Features:
- Loan Term: Up to 60 months
- Interest: Competitive rate of interest
- Payment mode: Equal monthly installments
Required Document:
- Copy of utility bills
- Valid Trade License
- TIN certificate (For Loan/Lease of above BDT 0.5 million)
- Updated asset report / stock / Inventory report
- Bank Statements for last 1 year
- Rental deed copy
- Land Document (if applicable)