We have been providing finance for the purchase of large and small consumer products.
Loan Processing Fee: Nu 500/- for every application.
- Valuation Fee: As per Engineer's inspection report (Maximum Nu.5000/-)
- Interest rate: 15% p.a.
- Repayment: Monthly
- Maximum term: 5 Years
- Penalty rate: 5%
- A Bhutanese citizen
- Own immovable assets such as land and building
- Own movable assets such as vehicle and equipments (acceptable model within 5 years)
- Against gold and jewelry
- Ownership certificate (3 months validity)
- Insurance of Assets
- Sound source of repayment
- Trade license where necessary
- Loan will be sanctioned at 60% to 75% on collateral value