In the economy of Bangladesh, women are playing an extraordinary role in supporting entrepreneurs. Bank Asia hope that they will go further through SME Subarno Loan.
Key Features of Subarno Term Loan
- Designed to meet financing needed for business expansion and for purchase of fixed assets
- For unsecured three (3) personal guarantors acceptable to the Bank and society
- For secured limit resident / commercial / industrial property/ en-cashable securities are accepted collaterals
- Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private Limited Companies.
Who will be Eligible?
- Minimum two years of business operation
- Valid Trade License
- Relevant prerequisites as desired by the bank from time to time.
What is Subarno Term Loan Limit?
- Term loan without collateral Tk 2 lac to Tk 8 lac for all Women Entrepreneurs from any sector
- Term loan with collateral above Tk. 8 lac to 50 lac for all Women Entrepreneurs from any sector.
Frequently Asked Questions (FAQs) for Bank Asia Subarno Term Loan
Q: What are the criteria for getting a Subarno Term Loan?
A: Minimum two years of business operation and a valid Trade License.
Q: What is the loan limit?
A: Without collateral, the loan limit ranges from Tk 2 lac to Tk 8 lac. With collateral, it ranges from above Tk. 8 lac to 50 lac.