1. New Client

Transport Loan

VehicleTypeMaximum LTV as set by RMARevised Conditions
Personal Vehicle or TaxiLight Vehicle30%Fixed Assets to the extent of loan amount OR
Guarantor with fixed assets and good credit record OR
Loan amount to be 20% of Vehicle Cost
Electric VehicleLight Vehicle70%Fixed Assets to the extent of loan amount OR
Guarantor with fixed assets and good credit record OR
Loan amount to be 50% of Vehicle Cost
TrucksHeavy Vehicle50%Fixed Assets to the extent of loan amount OR
Guarantor with fixed assets and good credit record OR
Loan amount to be 40% of Vehicle Cost
Passenger BusesHeavy Vehicle70%Fixed Assets to the extent of loan amount OR
Guarantor with fixed assets and good credit record OR
Loan amount to be 50% of Vehicle Cost
Tourist BusesHeavy Vehicle70%
Machinery (Movable)50%Fixed Assets to the extent of loan amount OR
Guarantor with fixed assets and good credit record OR
Loan amount to be 40% of Vehicle Cost

Eligibility Criteria

  • Should be a Bhutanese citizen.
  • Cash flow/Profit & Loss statement & copy of Trade License must be submitted if repayment is to be made from Business Income.
  • Comprehensive Insurance is a MUST.

2. Existing Clients

The loan must be cross-collateralized with the existing fixed assets irrespective of the exposure of their existing facilities. However, a proper due diligence must be done on the client’s past performance.

Transport Loan Application Form
Additional Transport Loan Application Form
Addendum to Transport Loan