This is a tailor-made loan product devised with special focus on the needs of Small and Medium Sized Enterprises to meet their financing requirements in a convenient manner.
Features :
- Tailor-made product devised with special focus on the needs of Small and Medium Enterprises.
- Attractive and Competitive Interest Rate
- Easy & Fast Loan processing
- Revolving or Term Loan based Loan.
Terms and Conditions :
- Loan amounts up to Rs. 50.00 million (under working capital requirement) and amounts up to Rs. 20.00 million (under term loan requirement).
- Credit limit assessed up to 40% of projected annual turnover for units having existence of one year or above, and up to 30% of projected annual turnover for newly registered units.
- Margin requirement of 25% of paid stock and receivable for working capital natured credit facility, maximum 75% of cost of project term loan natured credit facility.
Period of Credit Facility :
Working Capital :
- Working capital limit will be valid for a period of one year, subject to review/renewal upon maturity/expiry.
Term Loan :
- Maximum 11 years including moratorium period of 1 year.
Other Retail Loans Available From Nepal SBI Bank Ltd :
- Subsidized Loans
- Deprived Sector Loans
- Gold Loan
- Loan for migrant workers
For detailed information, please visit your nearest Branch.
