Start Up Loan

• The proposal of the entrepreneur must be new and creative.
• The Entrepreneur must be a qualified certificate holder in Entrepreneurship Development, Business Administration, Marketing, other aspects of Business Management & Technical Aspects, Production Management, Product Processing, and Machineries repairing from Government Training Institutes or Government approved Private Entrepreneur Development Training Institutes. If the Entrepreneur does not have such a certificate, then the entrepreneur must have sufficient relevant practical knowledge, experience, and ability to run the proposed project/business.
• The Entrepreneur must be engaged at the proposed enterprise.
• The applicant(s) must be a Bangladeshi.
• Age of the applicant shall be within 21 years to 45 years at the time of loan application.
• Business operation must not be illegal by the law of land or environmentally hazardous.
• No classification history.
• Not in negative list.

• Trade license, e-TIN, Partnership Deed, Certificate of Incorporation, Memorandum of Association, Articles of Association, RJSC documents, Form X, Form XII, etc. and other required documents as per bank's norms depending on the legal constitution of the firm, Income tax return documents.
• All required property documents proving the title of the property in case of Registered Mortgage and lawyer's opinion.

* Additional documents may be required based on prevailing policy of the bank.

• Personal guarantee of 02 individuals acceptable to the bank.
• If acceptable Collateral Security is not available, then Educational & Training certificates of the applicant may be considered.
• Post-dated Cheques.
• Hypothecation of stocks and receivables.
• Registered Mortgage of Land & Building.

* Security arrangement based on the credit worthiness and prevailing policy of the bank.