SME Loans are meant for all Small and Medium Enterprises. The primary aim of SME loans is to help enterprises meet all their business needs that may arise from time to time without facing any difficulties. This includes requirements such as the launch of a new product range, expansion of business, warehousing needs, purchasing any new equipment and short or long term working capital requirement.
The minimum loan amount to
be NPR 0.3 Million and maximum up to NPR 10 Million
The maximum tenure of the
loan shall be one year subject to be renewed in case of revolving loan whereas
in the case of fixed term loan etc., the tenure of the loan shall be more than
one year and up to 15 years per the nature of the project and the requirement
of the customer.
Interest and installment
can be paid on EMI basis.
Before approval of working capital nature loans
For Term Loan Nature Loan, Loan Limit shall not exceed 80% of the total assets financed.
Loan to be granted to
already established or newly established firms/ Partnership firms/Company/ Institutions
up to NPR 10 Million shall be provided as SME Loan.
The applicant should provide at least the following documents before initiation of the credit proposal.