Manufacturing/Industrial Loan

BDB provides loans for individuals wishing to start up a business in the manufacturing or mining sector, or to expand existing ones.

TENURE

Maximum term period of ten years.

FLOATING RATE

Manufacturing or Industrial Loan: 11.50%

Eligibility

Documents Required

  • Duly filled in application form
  • CID copy
  • 2 recent passport size photos
  • Copy of latest land certificate (Lagthram)
  • NOC
  • Detailed project costing of activities to be carried out
  • Valid license
  • Tax clearance
  • Detailed project report with SWOT & PESTEL analysis (For corporate)
  • Projected Financial Statement (For corporate)
  • Audited report for past 3 years (For corporate)
  • Copy of valid Certificate of Incorporation from the relevant agency (For corporate)
  • NEC clearance
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