OVERDRAFT

Pure overdrafts are not available, but loan and overdraft are jointly available

Fee & Charges

Interest Rate (12%)
Service Charges (1%)
Commitment Fees ( 1% )for unused amount
Late Fees (5000 ks)

Required Documents

  • NRC, household member list, passport photo
  • Business license
  • Tax on profit paid to government for business
  • Financial statement (profit and loss, balance sheet)
  • Color photos of business, Original title deeds/document
  • Company Registration Certificate
  • Articles of Association, Memorandum of Association
  • Form E, Form 6, Form 26
  • Export/Import license or declaration
  • Latest municipal bills paid to government
  • BCC for new building
  • Color photos of building (in front, back and both sides left & right and interior) Form 105/ 106 issued by township office for borrowing money from MOB