BRAC Bank Limited
Phone: +880-2-885 9202, +88 01819 230000 (Call Center)
Fax: +880-2-986 0395
Email: enquiry@bracbank.com
Name
Suppliers Finance
Description
Supplier & Distributor Loan a loan for various suppliers & distributors to expand their businesses
Loan Amount
BDT 3 lac to below 10 lac
Tenure
EMI-12 to 36 months
Single Installment - 3 to 9 months
Single Installment - 3 to 9 months
Interest Rate
17.25% for New Loan
17.00% for 1st time repeat & so on (if applicable)
17.00% for 1st time repeat & so on (if applicable)
Supporting Documents
Hypothecation on present & future assets, two personal guarantors & post dated cheques
Details
Loan processing Fees 2.5% of base loan amount+ VAT
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