Manufacturing Loan
Purpose
This loan is for industries engaged in manufacturing and production activities. Theses loans are to be backed by project assets supplemented by other fixed assets based on the risk level of the projects and project asset quality.
Eligiblity
Bhutanese Individual, Firm or Company
Loan Limits
60 to 75% of the Project Cost.
Tenor
10 Years Maximum
Interest Rate
Fixed Rate
Floating Rate
Required Documents
Loan Application form duly filled in and signed on all the pages (Full signature).
CID copy of the promoter.
Detailed Project Report with brief description of the product(s), location of the project, market study, raw materials, probable buyers and economic benefit to the country, etc. supported by financial projections.
Audited financial statements in case of existing companies.
Valid Trade License.
Ownership certificates of the land/lease agreement.
Government approval for project establishment.
Clearance from National Environment Commission (NEC).
Import license and invoice of the equipment.