Features
Provides loan for Home Renovation / Furnishing | Education | Medical / Hospitalization
Purchasing an Immovable / Movable Property such as House / Building | Bare Land | Vehicle (Registered / Unregistered) | Machinery and / or Equipment
Eligibility
You’re aged between 18 – 55 years of age, running your business as a proprietor, a partner a director of a Small and Medium Business
Earning a minimum monthly profit of Rs. 50,000/= and have been in business for over 3 years.
Documents Needed
Fully completed Loan Against Property Application. | A Copy of your NIC. | Copy of a recent Utility bill to establish resident address.
Certificate of Business Registration. | Copies of the last 6 months bank statements – Business & Personal.
Copies of the Last 2 years tax receipts. | Copies of the last 2 years audited accounts.
Form 48, Memorandum of Association and Articles of Association, for Limited Liability Companies.
Sales agreement (in the case of the purchase of a land / house, or a letter from the seller indicating the selling price).
Bill of Quantity acceptable to the Bank. | Building Plan, approved by the Local Authority.
Copies of Deed and Survey Plan approved by Local Authority.