Individual/firms who wish to start hotel/resort/schools/Colleges or any project involved in the business of delivering services.
Maximum of 75% of the collateral value or 50% of the hotel/company stock value.
20 year including gestation period.
- Application
- Copy of citizenship identity card.
- Business income tax paid certificate and personal income tax assessment for individuals & Business units, if it is in operation.
- Certificate of Incorporation issued by the ROC, if applicable
- Audited Financial Statements- Balance sheet & P& L Account for last three years, if it is in operation.
- Projected profit & loss statement for next financial year.
- Valid Trade License.
- Board resolution wherever applicable.
- Copy of tax paid and clearance certificate (not applicable to new business).
- Copy of stock insurance/ building insurance/company assets insurance.
- Ownership certificate(s) of the collateral security offered to bank.
- Consent letter from the joint owner or co-owner if the collateral provided is in joint and co-ownership.
- For family owned land, family (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).
