Orjon

In Bangladesh the number of women-owned company continues to grow, and Standard Chartered Bank is dedicated in helping the women entrepreneurs to grow their business by offering competitive Business Loans specially designed for women.

Standard Chartered’s Orjon provides the liquidity you need to grow your business or meet your cash flow requirements. The loan enables you to obtain financing without any requirement of land or property collateral.

‘Orjon’ has been crafted to perfection to support the business needs of women entrepreneurs. The following features depict the very reasons as to why ‘Orjon’ can be instrumental in your business success:

BDT 1,000,000 (Ten Lacs) to BDT 7,000,000 (Seven Lacs)

3 Years - 5 Years (i.e. 36 to 60 EMI payments)

18.5% per annum

* At least 3 years or more experience in the same business
* Minimum annual turnover of BDT 12,000,000 (One crore twenty lacs) only

Cash security: 30% to 50% of the loan amount

* Loan Processing Fee: 1% of the approved loan amount
* Early Settlement Charge: 5% on outstanding amount if repaid at any given time before maturity of the loan
* VAT and Stamp Charge: All charges and fees are subject to 15% VAT, to be paid by the customer. Stamp charge will be at actual to be paid by the customer.