Padma Bank

Features:

• Working capital requirement 
• Acquisition of fixed assets and expansion of business
• Term Loan or Time Loan in nature
• Client must have permanent residence in local area.
• Business premises should be within 25 Kilometer of any PBL branch
• Clients will get maximum  400% loan facilities on their deposit money
• Loan Limit:    1. Min: BDT0.50M    2. Max: BDT 2.00M

Requirements:

• Valid trade license.
• Updated E TIN/Tax return certificate
• Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
• Memorandum and Articles of Association in case of Limited Company.
• Passport/National voter ID/ward commissioner/UP chairman certificate of the Proprietor/Partner/Directors.
• Photo of the proprietor/Partners and guarantors.
• Statement of all active bank loans (if any).
• Last 12 months bank statement of transactional account.

Eligibility:

• Male: Minimum age 23 years and maximum age 60 years
• Female: Minimum age 21 years and maximum age 55 years
• Minimum 03 years per trade license or any valid documents.