BRAC Bank Limited
Phone: +880-2-885 9202, +88 01819 230000 (Call Center)
Fax: +880-2-986 0395
Email: enquiry@bracbank.com
Name
Bizness Loan
Description
"Bizness loan" is a term loan facility for all types of business who have healthy bank transactions
Loan Amount
BDT 10 lac to 50 lac
Tenure
For 10 lac to below 20 lac � 12 to 48 months
For 20 lac to 50 lac � 12 to 60 months
For 20 lac to 50 lac � 12 to 60 months
Interest Rate
Interest Rate 17.8%
Supporting Documents
RAC Bank FDR (50% of the loan amount for new loan & 30% for repeat loan), Hypothecation on present & future assets, two personal guarantors & post dated cheques
Details
Loan processing Fees 1% of loan amount+ VAT for new loan
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