Machinery Loan

upgrade your machinery, elevate your production.

Loan for purchase of machinery and equipment for various purposes.

Interest Rate

interest rates of your choice.

We offer a floating and a fixed rate so that you can choose.

12.5%

Fixed Rate

10.5%

Floating Rate
Information

if your are applying for machinery loan, you should know.

Machinery Loan

Business Loan

50%

Fixed assets to the extent of loan amount or Guarantor with the fixed assets and good credit record or Loan Amount to be 40% of vehicle cost.

5 Years

Maximum Tenor

Eligibility

individual.

Should be a Bhutanese citizen

Cash flow/Profit & Loss statement & copy of Trade License must be submitted if repayment is to be made from Business Income.

Comprehensive Insurance is a MUST.

Requirements

for machinery loan.

  • Loan Application form duly filled in and signed on all the pages (Full signature).
  • CID copy of the borrower.
  • Two numbers of latest passport size photograph.
  • Copy of CDB License/Hiring Agent License
  • Import License from MTI if required
  • Quotation from supplier/dealer
  • Projected Profit & Loss / cash flow statement