We have been providing finance for the purchase of large and small consumer products. This loan is for any individual or business entity having a reliable source of income and adequate security.
Lending Policy
- Loan Processing Fee: Nu 500/- for every application.
- Valuation Fee: As per Engineer’s inspection report (Maximum Nu.5000/-)
- Interest rate and Term: Click here
- Repayment: Monthly
- Penalty rate: 5%
Eligibility Criteria
- A Bhutanese citizen
- Own immovable assets such as land and building
- Own movable assets such as vehicle and equipment (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