BRAC Bank Limited » SME Banking » Loan Products

SME Banking

"Proshar" is a term loan for small & medium size Manufacturing business

Product Type

Equated Monthly Installment

Loan Ceiling

BDT 3 lac to 30 lac

Tenure

	For 3 lac to below 10 lac -12 to 36 months For 10 lac to 15 lac-12 to 48 months
	For above 15 lac to 30 lac � 12 to 60 months

Loan amount

	For 3 lac to below 10 lac- Required loan amount + up front installment+ all fees and charges with applicable VAT
	For 10 lac to 30 lac- Required loan amount

Loan processing Fees

	For 3 lac to below 10 lac -2.5 % of base amount+ VAT
	For 10 lac to 30 lac-1 % of loan amount+ VAT

Interest Rate

	For 3 lac to below 10 lac- 17.25% for new loan & 17% for 1st repeat & so on (if applicable)
	For 10 lac to 30 lac- 17%

Security

	For 3 lac to below 10 lac -Hypothecation on present & future assets, two personal guarantors & post dated cheques
	For 10 lac to 30 lac-Registry Mortgage of land property, Hypothecation on present & future assets, two personal guarantors & post dated cheques

For any banking needs please call 24 hour Phone Banking: 01819 230000 or e-mail us at enquiry@bracbank.com

24 Hour Phone Banking
+88 01819 230000