Service Loan

Purpose

This loan is for construction/setting up, buying or expansion of service industries, such as hotels, tour companies, schools, ICT, consultancy, and other service-oriented businesses including contract (supply/work orders) and contract-based constructions.  

Eligiblity

  • Bhutanese Individual, Firm or Company 

Quantum

  • 60 to 75% of the Project Cost. 

Tenor

20 Years Maximum 

Interest Rate

8.5%

Floating Rate for Hotels and Schools

10%

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 promoter.

  • Detailed project report with the financials.

  • Valid Trade License.

  • Ownership certificates.

  • Approval Drawings from the relevant authorities ( if it is for the establishment of hotels , resort, & schools)