Package Name: Anannya

Description:

Small and Medium Enterprises (SME) is considered as thrust sector of the economy. SME is the Engine of Growth as this sector churns out 20%-25% of the country’s GDP growth.
In order to promote the SMEs, MBL has following arrays of products befitting the requirements of the diversified segments and sectors of the economy.credit facilities/limits practiced in the Mercantile Bank Limited.

Feature:

• To meet up working capital requirement, procurement of capital machinery and other fixed assets for the Women Entrepreneurs.
• Loan Limit Tk 0.50 lac to Tk 50.00 lac
• If Refinance is not available from BB then rate of interest to be 9.00 % p.a .
• Collateral free up to Tk 8.00 lac in case of Term Loan with the applicable conditions.
• Repayment period- 12 months to 60 months for Term Loan and 12 months for Continuous Loan, which is renewable.

Interest Rate: Rate of interest @ 5.00 % p.a.

Eligibility:

• Age limit- 21 years to 60 years.
• Minimum 2 years experience in the respective field of business.
• The project must be financially, economically and commercially viable.

Enquiry:

61, Dilkusha Commercial Area Dhaka-1000 
Phone: +88-02-223382295 (TNT), 09612955933 (IP)  
Fax: +88-02-9561213 
Swift: MBLBBDDH
Website: www.mblbd.com