It is designed for hotels, guest houses, restaurants, eateries, entertainment centres, bars, etc.
- Accessible by ventures who have an account with the Bank.
- Flexible repayment terms
- The loan amount is dependent on the ability and capacity to repay.
- Competitive interest rate
- Life insurance cover for death and permanent disability.
- Application letter for a loan
- Valid national identification of authorized signatories to the account
- One passport-sized photograph of authorized signatories to the account
- Provision of all relevant documents to be used as collateral for the loan amount
- Allows for infrastructural development
- Helps in the purchase of buses/ vehicles for industry players.
- Augment working capital