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SHOMRIDDHI SME Loan at BRAC Bank Ltd.


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SHOMRIDDHI SME Loan

What is SHOMRIDDHI SME Loan?

To meet import-export related expenses, post import expenses, tax/duty payment, local bill purchase, working capital, and fixed asset finance, SHOMRIDDHI loan is offering BDT 1 Lac to BDT 50 million.

          -LC and LATR facility
          -Revolving loan, overdraft
          -Local bill discounting facility
          -Term loan facility
Letter of Credit (LC)/Loan against trust receipt (LATR)

·        LC opening facility: from BDT 1 Lac to BDT 50 million
·        Up to 90% loan against LC

Revolving Loan
·        Import duty payment or goods purchase facility
·        Loan up to BDT 20 million

Local Bill Purchase
·        Loan up to BDT 30 million in export

Specialty of this loan:
·        Easy loan processing
·        Convenient interest rate
·        Loan payment facility up to 180 days.

Eligibility:
·        Any kind of businesses having valid trade license and which has been operating for at least 3 years.

·        Sole proprietorship, Partnership or Private Limited Company.
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