Who does not want ‘Shachchondo’ in life? For the financial ease in your business, Jamuna Bank is offering ‘Jamuna Shachchondo’ product through which you can enjoy both overdraft and term loan facilities.

Purpose

To meet up working capital requirement of the business.

Key Features

• Loan Amount: BDT 15.00 lac to BDT 50.00 lac.
• Tenure: For 1st time loan- 12 months to 30 months. For Repeat Loan- 36 moths to 48 months.
• Interest Rate: Competitive interest rate.
• Fast and quality service.
• No hidden charge.
• A FDR shall be taken covering minimum 25% of the total ticket size. The SOD facility shall be allowed upto 90% of the FDR amount.
• Guarantor must be renowned business person and have permanent residence in the commanding area/ possession of the shop.
• Business premise must be owned/ possession held by the borrower.

Eligibility

• Having business for at least 5 years in the same line.
• Age Limit: 30 years to 55 years.

Required Documents

• Last twelve months’ sales statement.
• Last twelve months’ bank statement.
• Valid Trade License of last two years.
• National Voter ID/ Passport of the borrower.
• Photographs of the borrower and the guarantors.
• Utility bills of the concerned business.