How to take a loan from the bank 2024 – metabloginfo
What is needed how to take a loan from the bank?
- Trade license renewed.
- Current account at the bank in the name of the business organization.
- National identification document.
- Drug license (required in case of drug business).
- BSTI certificate (in the case of food processing establishments).
- DC approval (in case of diesel and acid business).
- Petrobangla certificate (for diesel and octane business).
- Bank statements for the last 1-3 years (Different banks have different requirements).
- Shop/house rental agreement.
- Position paper.
- Tin certificate.
- VAT certificate (if applicable).
- Electricity bill
- telephone bill.
- Last Certificate of Educational Degree.
- List of employees name, position and monthly salary.
- IRC & & IRE certificate (in case of import and export business).
- List of stored products and their current prices.
- Ratio and value of fixed assets.
- List of debtors.
- List of creditors.
- Details of existing loans elsewhere.
Bangladesh Bank CIB Report, here it is mentioned that the concerned financial institution provides the form of this report to the businessman and if the businessman fills the form correctly, the concerned institution completes the formalities to collect the report from the Bangladesh Bank.
Passport size photograph of both the loan applicant and the guarantor. So tt is noted here that financial institutions can take many guarantors as per their all requirements. Many companies have family members as guarantors as additional guarantors to the original guarantor.
- If the guarantor is a businessman, his business license and CIB report.
- Sales statement and profit statement of the business for the last year.
- Certificate of incorporation and deed of incorporation in the case of a limited liability company.
- Resolution of the decision to take a loan from the corresponding financial institution in the case of a limited liability company.
- In the case of public limited companies, audited financial statements, commercial accounts, profit and loss account, balance sheet and
- Statement of income.
- In the case of a limited company, list of current clients of the company.
- Company deed of Public Limited Company registered and notarized by a Notary Public in the case of company business.
- Resolution of partners to take a loan / account opening.
The mentioned documents are generally required by all banks and financial institutions to take out loans. Banks and financial institutions may also collect other necessary documents and information from the loan applicant if necessary.
Documents needed how to take a bank loan
1. Last Certificate of Educational Qualification.
2. List of employees name, position and monthly salary.
3. ERC and IRC certificate (in case of import and export business).
4. List of stored products and their current prices.
5. Relationship and value of fixed assets.
6. List of debtors.
7. List of creditors.
8. Details of existing loans elsewhere.
9. EOE Report of Bangladesh Bank, here it is mentioned that the form of this report is related financial institution
10 Provided to the employer and the employer duly fills out said form by the corresponding institution
11 Completed the formalities of collecting reports from the Bangladesh Bank.
Documents required to obtain SME loans from Banks/Financial Institutions
1. Passport size photograph of both the loan applicant and the guarantor. It is noted here that financial institutions are multiple according to their needs
You can take guarantor. Many companies have family members as guarantors as additional guarantors to the original guarantor.
2. If the guarantor is a businessman, his business license and other reports.
3. Sales statement and profit statement of the business for the last year.
4. Certificate of incorporation and deed of incorporation in the case of a limited liability company.
5. Resolution of the decision to take a loan from the corresponding financial institution in the case of a limited liability company.
6. Audit report in the case of limited companies
Documents required in case of obtaining SME Loan (Association Business) from Bank/Financial Institution
1. Company deed notarized by RJSC and Notary Public in the case of company business.
2. Resolution of partners to take out a loan/open an account.
The mentioned documents are generally required by all banks and financial institutions to take out loans. Banks and financial institutions may also collect other necessary documents and information from the loan applicant if necessary.
These are the ways to get a bank loan or the way to get a bank loan is clearly described. In addition, from time to time, the respective banks require new rules and regulations, which are updated on their website at different times, so the bank from which you want to take a loan You can visit the bank’s website once.