Standard Bank Nari Anuprerona
Standard Bank NARI ANUPRERONA- WOMEN ENTREPRENEURS Investment
As an encouraging gesture, Standard Bank offers “Standard Bank Nari Anuprerona-Women Entrepreneurs’ Investment” with/without collateral to Sole Proprietorship/ Partnership/ Private Limited company (at least 51% shares to be hold) operated by women entrepreneurs to flourish their business.
Key Features
                    
                           Any justifiable business purpose for Sole Proprietorship/ Partnership/ Private Limited company (at least 51% shares to be hold) operated by women entrepreneur.
                    
                           Facility Type – Continuous Investment/Term Investment
                    
                           Investment Ceiling – Tk. 0.50 Lac to Tk. 50.00 Lac
                    
                           Investment Tenure – Maximum 12 months with renewal option for Continuous Investment and Maximum 60 months for Term Investment.
                    
                           Profit Rate- 10.00% p.a.
                            
                            
                    
Eligibility
            
                   Age: At least 21 years.
            
                   Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the Investment.
            
Required Documents
                 Valid trade license
                 Special license/permission (if applicable) for business operation.
                 Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
                 Memorandum and Articles of Association in case of Limited Company.
                 Passport/National voter ID/ward commissioner/UP chairman certificate of the Proprietor/Partner/Directors.
                 Photo of the proprietor/Partners and guarantors.
                 Statement of all active bank Investments (if any).
                  Last 12 months bank statement of transactional account.
            
Security Arrangement
                                            Primary Security:
                 Hypothecation of machineries, equipment, vehicles, inventories.
                 Personal guarantee of Proprietor/Partner/Directors and their spouse.
                 02(two) 3rd party Guarantors whose Net Worth must not be less than the proposed Investment amount/Investment limit.
                                       
                                        Collateral (not compulsory for credit facility up to Tk. 25.00 Lac):
                                        
                 Registered mortgage of property/ownership of the space/possession right purchased in Bank’s name.
                                      
                 Lien of cash collateral (FDR) and other encashable financial instrument (in any)