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About Tender Loan

MTB Bank offers tender loans to support government tenders, covering a percentage of the project value based on the tender amount.

Loan Amount Loan Tenor Interest Rate
Value of Tender Contact’s

Maximum 40%

 Tender Contract date 12% to 15%

Requirements

  • NRC
  • Passport Photo
  • Household Member List(Form 6/66)
  • Ward Recommendation Letter for Living address
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  • Business license.
  • DICA certificate of incorporation and company extract, company constitution Resolution, Import/export license.
  • BOD Resolution, Company Profile (for exceptional case).
  • Receipts of income tax for the last 3 years (if applicable).
  • Financial statements for the last 3 years.
  • Business Plan for Loan Purpose.
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  • Evidence for Ownership Documents
  • Creation of Title deeds documents

 

Note:

Depending on the purpose of the loan application and the type of business, additional documents may be required

Collateral Types
land

Land

land

Building

land

Condo, Apartment

land

Merchandise

land

Vehicle

land

Machine

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