General Loan

 




July 16, 2024 06:01:14 am

USD
TT-Clean 117.0000
TT-Selling 117.0000
OD-Sight: 116.6000
BC-Selling 118.0000
EURO
OD-Sight: 124.9280
BC-Selling 134.4872
TT-Clean 125.3600
POUND
OD-Sight: 146.3269
BC-Selling 154.6432
TT-Clean 146.8357
JPY
BC-Selling 0.8030
TT-Clean 0.7365

BCB offers affordable financing at reasonable rates. BCB offers credit limit to finance current assets and working finance and long term loan to finance fixed assets, capital machinery etc. Bank also finances Real Estate, Work order, Foreign Trade.

 

Cash Credit Hypothecation:

Cash credit hypothecation is a kind of running account that offers a credit limit. Borrower can withdraw up to that credit limit. Cash credit hypothecation use by the business person to meet the day to day business expenses. It requires inventory to be kept as security.

 

Overdraft

BCB offers overdraft against lien of different financial instruments. Financial instrument could be of following types:

  • Fixed Deposit in the name of borrower
  • Fixed Deposit in the name of 3rd party
  • Against Savings Schemes

 

Bill Purchase / Discounting

Business organizations may sale or discount their bill of exchange in BCB which arises from the domestic and international trade.

 

Term Loan

Bank provide long term loan to business organization to finance fixed assets or capital machineries. This loan is payable by equal monthly installments.

 

House Building Loan

House building loan provided to individual and business organization for construction of building or completion of finishing works to be used for commercial and residential purpose.