SME Overdraft Loan

Product features

• SME Overdraft Loan is provided to meet up working capital requirements for payment of salaries & wages, office administration cost & other expenses, Duty, VAT, AIT etc.
• The interest on this facility is charged on the day end outstanding balance of the loan account

Repayment

• Customer will provide interest once in a quarter.
• Customer is required to adjust entire loan amount once in a quarter.

What will need to apply

• Business Experience minimum 2 years
• Valid Business Tread License
• NID of the applicant & Guarantor
• Business financials
• Collateral Security (where applicable)