Hotel & Tourism sector Term Loan
11.75%
Fixed Rate
9.75%
Floating Rate
Fuel Your Hospitality Dreams – Hotel & Tourism Loans Made Easy!
Purpose: For set-up of hotel or expansion of existing hotels.
Eligibility
- Individual/firms who wish to start Resort/hotel/restaurant and travel agent.
Quantum
- Maximum 75% of the total project cost
Tenure
- 30 year excluding gestation period
Documents Required
- Duly filled-in application form.
- Copy of citizenship identity card of promoters
- Detailed Project Report (For development of new projects)
- Business income tax assessment and tax clearance certificate of business units, if it is in operation.
- Certificate of Incorporation issued by the ROC, if applicable
- Environmental clearance
- Approval for power supply from Bhutan power Corporation
- Financial Statements- Balance sheet & P& L Account for last two years, if it is in operation.
- Projected profit & loss statement for the proposed loan tenure or at least for next five years.
- Invoice of machineries/fixed assets to be purchased.
- Valid Trade License.
- Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary.
- Board resolution wherever applicable
- Approved drawings for the new projects.
- Individual/firms who wish to start Resort/hotel/restaurant and travel agent.
- Maximum 75% of the total project cost
- 30 year excluding gestation period
- Duly filled-in application form.
- Copy of citizenship identity card of promoters
- Detailed Project Report (For development of new projects)
- Business income tax assessment and tax clearance certificate of business units, if it is in operation.
- Certificate of Incorporation issued by the ROC, if applicable
- Environmental clearance
- Approval for power supply from Bhutan power Corporation
- Financial Statements- Balance sheet & P& L Account for last two years, if it is in operation.
- Projected profit & loss statement for the proposed loan tenure or at least for next five years.
- Invoice of machineries/fixed assets to be purchased.
- Valid Trade License.
- Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary.
- Board resolution wherever applicable
- Approved drawings for the new projects.
