General Trade Loan is given to Business Entrepreneurs holding trade license under his/her name. The nature of cost to be finance should be non-recurrent.
Borrower Eligibility
- Must hold a valid trade license obtained from MoE
- Must be with good past repayment record
Term Period:
Maximum term period of Five years
Required Documents
- Detailed project costing of activities to be carried out.
- Copy of Land ownership certificate/Insurance copy of assets to be mortgaged.
| Sl# | Loan Product | Details |
| 1 | Product name | General Trade Loan |
| 2 | Little description on the product | This sector comprises of the loans provided to wholesellers and retailers for the purpose to sell any type of goods and the rendering of services incidental to the sell of these goods.The sector also includes loans provided for setting up and operation of such businesses. |
| 3 | Eligibility | Any Bhutanese individual having adequate collateral with reliable source of income. |
| 4 | Quantum | 70% |
| 5 | Interest Rate | 12.25% / 13.00% |
| 6 | Tenure | Upto 5 years / 5-10 years |
| 7 | Checklist | 1. Possess a valid Bhutanese citizenship card 2. Must be atleast 18 years in age 3. Must not be declared bankrupt under bankruptcy Act of Bhutan 4. Must be with good past repayment record 5. To recent passport size photograph 6. copy of citizenship indentity(CID of applicant) 7. NOC copy 8. Must hold valid trade licence |
| 8 | Forms | Attached |
