ABBL Sathi Loan
AB Bank Limited introduces a SME loan scheme namely, ABBL Sathi Loan, which is such a loan facility of maximum BDT 5,00,00,000 amount of credit for meeting regular and additional requirements of your business to grow more. This attractive EMI repayment based loan tenor of maximum five years, is a good choice for small and medium-sized businesses.
Purpose
It's a Term loan for CNG Refueling conversion/ Light Engineering/ project finance (package deal including non-funded).
Determination of Limit
- Loan amount will be maximum 90% of the value of the imported and/ or locally procured machinery.
Repayment
- Through EMI: Moratorium period: maximum six months.
Loan Amount
- Maximum BDT 5,00,00,000.00
Tenor
- Maximum five years.
Security/ Collateral
- Hypothecation of machineries and/ or stock and/ or receivables.
- Registered mortgage of project land & building; additional land (if required).
- PG of the spouse of the proprietor/ PG of the directors.
For detail, please contact any branch of ABBL near to you during working hours.
AB Bank may change, add or remove any conditions any time without notification.
More AB Bank Credit Offers
About AB Bank PLC
AB Bank Limited offers a diverse range of services in Bangladesh, catering to both individual and corporate clients. Its retail banking division includes savings accounts, current accounts, fixed deposits, personal loans, and credit cards, providing customers with comprehensive financial solutions. For businesses, AB Bank provides corporate banking services such as working capital financing, trade finance, cash management, and project financing, which are essential for growth and expansion. Additionally, the bank has embraced digital banking, offering online and mobile banking services that enhance accessibility and convenience for customers. With a commitment to innovation and customer satisfaction, AB Bank continues to play a vital role in Bangladesh's financial landscape.
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