Uttara Bank PLC.
Uttara Bank PLC.

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Lease Finance

Leasing is a method of financing the acquisition of Capital Machinery, Equipments, Medical Instruments, Automobiles etc. It involves a contractual relationship between the Leasor and the Leasee in which the Leasor grants to a firm or person the use of asset’s services for a specific period of time, usually for an agreed sum of rent, Leasing, therefore, enables a firm or an individual to avail the services of machinery and equipments without making the investment. Our Bank deals in Finance Lease only.    


Key Features :

  • Category / Loan type:Finance Lease
  • Purpose :Uttara Bank PLC. offers Lease Finance for acquisition of the following Articles :
  • Capital Machinery for BMRE of the Project.
  • Heavy Construction Equipments.


Customer Eligibility :

  • Must be a going Business Concern.
  • At Least 2 Years Business History.
  • Must be a Current Account Holder of the Bank.
  • Up dated clean CIB Report.


Security :

  • Registered Mortgage of Land & Building
  • Personal Guarantee of the Owner(s)/ Directors.
  • Corporate Guarantee of the Related Business Concern(s)
  • Post dated cheque.
  • Other Securities as acceptable to the Bank


Repayment :Monthly Lease Rental

Interest Rate : Market Competitive

Basic Documents Requirements (not limited to) :

  • Valid Trade License.
  • Up to date TIN Certificate.
  • Regulatory papers
  • Loan Tenor :1 years to 5 years .
  • Debt Equity Ratio : 70 : 30


*condition will be applicable