Small & Medium Entrepreneur Loan

Small & Medium Entrepreneur Loan

Avail To

Who Can Apply

- Industrial entities duly registered with appropriate department of Govt. of Nepal

Features

- Tenure of maximum 15 Years. Upto construction and trial production period along with grace period of 12 months
- -Interest Rate: Base Rate Plus 1.50% to 4.50% -Base Rate as of Asar End 2075: 12.77%
- Financing up to 70% of the requirement

Required Document

- Loan Application along with business profile.
- Entity Registration Certificate and its renewal where required.
- Tax/PAN registration certificate and its renewal where required.
- Citizenship certificate of the Borrower, Guarantor(s), Proprietor, Partners or Directors
- Certified copy of :

* Partnership Deed in case of partnership firm.
* Memorandum and Article of Association in case of companies or
* Relevant constitution document of the borrower.

- Board resolution authorizing :

* Borrowing, execution of the security documents and Delegation of authority to the director (in case of Company)
* Consent of all partners and the power of attorney (in case of partnership firm)
* Audited Financial Statements for last 3 years and Project Financial Statement (for on-going venture)
* Business Plan

- Pro-forma invoice/quotations in case of import/procurement of machineries, equipments or other fixed assets
- Estimated cost/bill of quantity in case of construction

Services

Promotions

ADDRESS

  • 125 Bina Marg, Lal Durbar, Kathmandu
    Tel: 01-4242272, 4242553
    Fax: 01-4253459

  • Email: info@devabank.com.np