Package Name: TARA

Description:

BRAC Bank has been working for more than two decades to make the business of courageous and energetic women entrepreneurs like you more dynamic. And so for the first time in the country, BRAC Bank is offering only 4% "entrepreneur" loan facility.  As a female entrepreneur, you can get this loan for the expansion of the business, the purchase of permanent property, the purchase of raw materials of the business and any other business work.

Feature:

• Loan Amount : Starting from 2 lac
• Annual Interest Rate : 4% (Up to 50 lacs) , 9% ( Above 50 lacs ) 
• Loan Tenor : Up to 60 Months
• Mortgage : No mortgage required up to 2 crore taka loan

Interest Rate: 4% (Up to 50 lacs) , 9% ( Above 50 lacs)

Eligibility:

• Women's share in business ownership must be 51% or more
• Minimum 1 year of active and successful business
• Updated trade license
• All mandatory updated licenses as per type of business

Basic Required Documents:

• Applicant’s & guarantor’s NID & 2 copy of Photographs

• Updated trade license
• For Private Limited Company there has to be Certificate of Incorporation and Memorandum of Articles, Schedule X and Form XII

• Submission of TIN certificate and return of applicant and guarantor (if applied loan amount is 5lac or more)
• All business sales and purchase related documents

Enquiry:

 

Khadija Mariam

Head of Women Entrepreneur Cell

SME Banking Division

 

Mobile- 01844 242936

Phone- 02 8801301 Ext. 55400