Other Service sector Term Loan
11.75%
Fixed Rate
10.50%
Floating Rate
Build Institutions & Recreation Hubs – Service Sector Loans Available Now!
Purpose: For set-up of institutions and recreational centers.
Eligibility
- Individual/firms having a valid license
Quantum
- Maximum 75% of the total project cost
Tenure
- 30 year including gestation period
Documents Required
- Application
- Copy of citizenship identity card promoters
- Detailed Project Report (For development of new projects)
- Company/Business income tax assessment and tax clearance of company/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
- Audited 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.
- Present borrowings and banker’s details.
- Valid Trade License.
- Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary.
- Board resolution wherever applicable
- Drawings for the new projects.
- Individual/firms having a valid license
- Maximum 75% of the total project cost
- 30 year including gestation period
- Application
- Copy of citizenship identity card promoters
- Detailed Project Report (For development of new projects)
- Company/Business income tax assessment and tax clearance of company/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
- Audited 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.
- Present borrowings and banker’s details.
- Valid Trade License.
- Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary.
- Board resolution wherever applicable
- Drawings for the new projects.
