Working Capital Loan

Financing to the every operations of the company, Uttara Bank PLC. provides working capital Loans in different forms to the Enterprises with the following details : 

Key Features :

• Category / Loan type:
• Cash Credit (Hypo)
• Cash Credit (Pledge)
• O/D (General)

Customer Eligibility :

• Must be a growing Business Concern.
• At Least 2 Years Business History.
• Must be a Current Account Holder of the Bank.
• Up dated clean CIB Report.

Security :

• Registered Mortgage of Land & Building
• Hypothecation/Pledge of stock in trade.
• Personal Guarantee of the Owner(s)/ Directors.
• Corporate Guarantee of the Related Business Concern(s)
• Post dated cheque.
• Other Securities as acceptable to the Bank

Repayment : In lump sum from time to time, full adjustment within the validity.

Interest Rate : Market Competitive

Documents Required:

• Valid Trade License.
• Up to date TIN Certificate.
• KYC
• Regulatory papers
• Loan Tenor :1 (One) Year (Renewable)
• Margin : 50:50

*condition will be applicable