Machinery Loan

Purpose

Loan for purchase of machinery and equipment for various purposes. 

Eligiblity

  • Bhutanese Individual, Firm or Company 

Quantum

Name Type LTV Remarks/Conditions
Machinery  Heavy 50% Fixed assets to the extent of loan amount or Guarantor with the fixed assets and good credit record or Loan Amount to be 40% of vehicle cost.

Tenor

5 Years Maximum

Interest Rate

10.5%

Floating Rate

12.5%

Fixed Rate

Required Documents

  • Loan Application form duly filled in and signed on all the pages (Full signature).

  • CID copy of the borrower.

  • Two numbers of latest passport size photograph.

  • Copy of CDB License/Hiring Agent License

  • Import License from MTI if required

  • Quotation from supplier/dealer

  • Projected Profit & Loss / cash flow statement

TypeFile NameDate ModifiedSize

pdf
ADDITIONAL LOAN 5:29 am 05/15/2019123.3k

pdf
Addendum 10:33 am 09/03/201857.7k

pdf
TRANSPORT LOAN 5:45 am 05/15/2019191.2k