NCC Bank Festival Business Loan Scheme (FSBLS)
Nature of Loan: Time Loan (Demand loan).
Purpose of Loan: To meet the working capital during festival.
Loan limit: Up to BDT 10.00 lac.
Tenor of Loan: Maximum 03 months.
- Legal business identity supported by all required papers and documents.
- The applicant(s) must be Bangladeshi.
- At least 05 (Five) years successful business track record.
- Age of the applicant shall be within 21 years to 60 years at the time of loan approach.
- Business operation must not be illegal by the law of land or environmentally hazardous.
- No classification history.
- Copy of up-to-date Trade License.
- Copy of National ID Card.
- Copy of Up-to-date TIN Certificate of concerned business concern.
- Bank Statement(s) for last 12 months.
- Financial Statements of the business concern.
* Additional documents may be required based on prevailing policy of the bank.
- Hypothecation of stocks and receivables.
- Personal guarantee of individuals acceptable to the bank.
- Post-dated cheques and other usual security arrangements.
* Security arrangement based on the credit worthiness and prevailing policy of the bank.
