LankaBangla Astha Secured CMSME Loan

Table of Contents

Astha is a fully secured CMSME product tailored for businesses in the trading, manufacturing, and service sectors that maintain a steady cash flow in their operations. This product allows you to leverage assets such as land, flats, or buildings as collateral to access financing.

CMSME Loan Product Features:

Loan Amount: Ranges from BDT 1.50 million to BDT 50.0 million.
Loan Types: Term Loan, Single Installment Loan, and Revolving Loan.
Loan Term:
For NEMI: 3 months to 12 months.
For EMI: 12 months to 60 months.
For Revolving: 12 months.
Payment Mode: Equal monthly installments for Term Loan.
Security: Collateral such as land, building, flat, etc., must be provided by the client.

Eligibilities:

Business Experience: Minimum of 2 years in the same line of business.
Age: Age at least 21 years old and not exceed 60 years.

Required Documents:

Copy of updated Trade License.
Photographs of Applicant and guarantor(s).
Valid National ID (NID) of Applicant and Guarantor(s), Trade License, E-TIN.
Bank statement of the last 12 months.
Copy of Utility Bill.
Rental Deed Copy.
Land Documents.

FAQs – LankaBangla Astha Secured CMSME Loan

Q: What is Astha Secured CMSME Loan offered by LankaBangla?
A: Astha Secured CMSME Loan is a financing solution provided by LankaBangla for small and medium-sized enterprises (CMSMEs) in the trading, manufacturing, and service sectors. It is fully secured, allowing businesses to leverage assets such as land, flats, or buildings as collateral to obtain funds.

Q: What are the loan amounts available under Astha Secured CMSME Loan?
A: The loan amount ranges from BDT 1.50 million to BDT 50.0 million, providing flexibility to cater to various business needs.

Q: What types of loans are offered under Astha Secured CMSME Loan?
A: Astha Secured CMSME Loan offers Term Loan, Single Installment Loan, and Revolving Loan options to suit different business requirements and repayment capabilities.

Q: What is the repayment term for Astha Secured CMSME Loan?
A: The repayment term varies depending on the type of loan:

For NEMI (No Equal Monthly Installment): 3 months to 12 months.
For EMI (Equal Monthly Installment): 12 months to 60 months.
For Revolving Loan: 12 months.

Q: What collateral is required for securing the loan?
A: Clients must provide collateral in the form of land, buildings, flats, or other assets of significant value to secure the loan.

Q: What are the eligibility criteria for Astha Secured CMSME Loan?
A: To be eligible for the loan, businesses must meet the following criteria:

Minimum 2 years of experience in the same line of business.
Applicant must be between 21 years and 60 years.

Q: What documents are required to apply for Astha Secured CMSME Loan?
A: The necessary documents include:

Copy of updated Trade License.
Photographs of Applicant and guarantor(s).
Valid National ID (NID) of Applicant and Guarantor(s), Trade License, E-TIN.
Bank statement of the last 12 months.
Copy of Utility Bill.
Rental Deed Copy.
Land Documents.

Q: How can I apply for Astha Secured CMSME Loan?
A: Interested applicants can apply online through the provided link or visit a LankaBangla branch for assistance with the application process.

Apply Online: CLICK HERE