TERM LOANS

Loans for business owners who want to expand their business and own collateral (property), as well as business owners who want long-term loans and are able to present a project contract to the bank

Fee & Charges

Interest Rate (12.00%)- (14.00%)
Documentation Fees (1.00%)
Penalty Fee (12.00%)- (14.00%)
Late Fees (5,000 ks)

Required Documents

If the applicant is personal
  • NRC, household member list, passport photo
  • Business license (Copy)
  • Tax on profit paid to government for business
  • Financial statement (profit and loss, balance sheet)
  • Color photos of business
  • Free hold land , lease hold land relating to leasehold property copies of contracts and related contracts, gram original
  • In relation to registered deeds relating to leasehold property
  • Copies of contracts and gram original
  • Form 105 / 106 issued by township office for borrowing money from MOB
  • Latest municipal bills paid to government
  • Color photos of building (in front, back and both sides left & right and interior)
  • To open Current Account
  • Business Plan
If the applicant is company
  • Company Registration Certificate and Extract
  • Memorandum of Association
  • Export / Import license or declaration
  • Original title deeds / documents
  • Latest municipal bills paid to government
  • Business license (Copy)
  • Tax on profit paid to government for business
  • Financial statement (profit and loss, balance sheet)
  • Color photos of business
  • Free hold land , lease hold land relating to leasehold property copies of contracts and related contracts, gram original
    • Form 105 / 106 issued by township office for borrowing money from MOB
    • Latest municipal bills paid to government
    • Color photos of building (in front, back and both sides left & right and interior)
    • To open Current Account
    • Business Plan