Any business man who posses a valid business licience can obtain the loan for the following actibities:
Grocery shop/ restaurant and Bar/ Saloon/ Bakery/Hotel and Lodge / Handicraft/ tailoring/Dry clean business/ Travel Agent. Etc.
Maximum Loan Eligible: 60% of the Total Project Cost.
Total Project Cost means a deatiol report for the utlisation of the Loan availed.
- Citizenship Identity (CID) copy of both the applicant.
- One recent Pass Port size photograph of the applicant.
- Copy of business licience and Tax Clearance Certificate.
- Total Project Cost
- Income statement of the Business for the past one year.
- Ownership certificates of collateral security offered to bank.
- Copy of valid Insurance Policy for building offered as collateral.
- Family tree( Census Record).
*** For CONSTRUCTION of HOTEL, and RESORT:
- A detailed project report ( Detailed Project Report with brief description of the product(s), location of the project, market study, raw materials, probable buyers and economic benefit to the country etc supported by financial projections.
- Estimate of the building construction/renovation duly verified by Bank’s engineer.
- Approved drawing plan of the building and a copy of approval letter for construction from revelant agencies.
- NOC copy.