Pure overdrafts are not available, but loan and overdraft are jointly available
Fee & Charges
| Interest Rate |
(12.00%)- (14.00%) |
| Documentation Fees |
(1.00%) |
| Commitment Fees |
( 2% )for unused amount |
| 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
