Details or what is required of giving and receiving loans through mortgage.
- Must be a member of the organization.
- Color photo 4 copies.
- Two copies of the photograph of the nominee (Colour).
- Photocopy of NID Card (with nominee)
- Photocopy of institutional renewed trade license.
- MOA, Certificate of, in Corporation (In case of Limited Company).
- IRC, ERC, Fire Licence (where applicable).
- Copy of TIN and BIN.
- Details of last year's bank deposits (of all institutional accounts).
- Copy of Institutional Agreement (if applicable).
- 2% service charge.
- The period of receipt of the loan is three months.
- Accepted money check (institutional). (10 year = 121 pieces, 15 year = 181
pieces)
- Guarantor check (1 piece).(Any one of mother/father/child/husband/wife)
- Two references.
- 12% for ten years, 13% for 15 years, Interest rate.
- Project Plan/Project profile (Project feasibility report)
- The project profile will contain the following information :
- Summary of last year's sales (monthly).
- Detailed account of last three months sales (daily).
- Inventory or stock records, machinery details.
- Total Credit to Market.
- Total Debit to Market.
- Four-five copies of business company photos.
