Working Capital Loan
Financing to the every operations of the company, Uttara Bank Limited provides working capital Loans in different forms to the Enterprises with the following details :
Key Features :
- Category / Loan type:
- Cash Credit (Hypo)
- Cash Credit (Pledge)
- O/D (General)
Customer Eligibility :
- Must be a growing Business Concern.
- At Least 2 Years Business History.
- Must be a Current Account Holder of the Bank.
- Up dated clean CIB Report.
- Registered Mortgage of Land & Building
- Hypothecation/Pledge of stock in trade.
- 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 : In lump sum from time to time, full adjustment within the validity.
Interest Rate : Market Competitive
- Valid Trade License.
- Up to date TIN Certificate.
- Regulatory papers
- Loan Tenor :1 (One) Year (Renewable)
- Margin : 50:50
*condition will be applicable