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
Floating Rate for Hotels and Schools
Floating Rate
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)