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City SME Unsecured Loan | City SME Secured Loan
City SME Women Entrepreneurs Loan | City Nobagata
City Trinamul
City Nobagata
"City Nobagata" loan for new entrepreneurs in cottage, micro and small enterprise sector is available to support the development of new entrepreneurs.
Features
Loan amount ranging from Tk. 200,000 to 25,00,000
- Collateral free loan: Tk. 200,000 to 9,90,000
- Collateralized: Above Tk. 990,000 to 25,00,000
Competitive interest rate.
Loan tenor 06 to 60 months
No processing fees.
Quick approval process.
Eligibility
Legal form of Business:
- Sole Proprietorship
- Partnership
- Private Limited Company
Entrepreneur Criteria:
- The entrepreneur ought to have requisite technical education or skill
- The entrepreneur must be of age between 18 and 35 years
- The entrepreneur has to be engaged with the endeavour on full time
- Trade license cannot more than 12 month old. The entrepreneur/s should not have any previous business experience or business loan.
- The entrepreneur should present a certificate of successfully completing entrepreneurship training from any institution(s) accredited by Bangladesh Bank.
- The entrepreneur has to bear at least 30% of the proposed project cost.
For Collateralized: Loan is offered against the registered mortgage of property (Land/Building/Flat).
*Conditions Apply
*For details, please contact nearest City Bank Branches or call 16234.
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