Asked by
AL MaMun (4 Golds)
Friday, 06 Sep 2019, 06:55 AM
at (Consultancy
Business)
|
|
|
|
|
The first step in obtaining a loan (A) Each bank has a project document preparation format for the loan and financing of the entrepreneurs / traders. The bank or financial institution that you want to borrow from, should submit it to the project bank, along with the necessary paper and documents, as per the format of the bank. (B) You may contact the BISIC, SME Foundation and consultancy firm to prepare a suitable project profile. You can contact the SME Foundation's Advisory Service Center for more details and suggestions. (C) When a businessman reasonably thinks that his bank loan is needed for the growth of the business, he shall, along with the bank manager, submit the application containing the necessary details. The following papers should be attached to it 1. Collecting the bank's own forms and completing them properly. 2. Photocopy of updated trade license. 3. The tin number of the business. 4. Certificate of current value of the property (where the industry exists / will be established). 5. The mortgage of the property is a valid contract (where the company is or will be established) on the mortgage. 6. Bank account number and security status. 7. Certificate of the Commissioner, who is a resident of the municipality. Certificate of Chairman or Upazila Executive Officer at the local level. 8. Limited company hall memorandum and copy of Articles of Association. Verified copy of the partnership agreement if the partnership is a company. 9. Statement of 5 years profit loss for the business if the company is willing to borrow while it is operating. 10. There is a significant aspect of each bank's form, called the Letter of Guarantee. In this case you have to arrange for the certification of two qualified guarantors. 11. Prior to operating the bank, if any loan is made from a bank, it should have an updated and accurate statement of the account. 12. Some banks have introduced collateral free (unsecured) loans in the SME sector. Priority arrangements have been made for small and medium industrial entrepreneurs and women entrepreneurs in this regard. Bangladesh Bank has issued a circular for women entrepreneurs. The SME Foundation's Advisory Service Center has the opportunity to receive information and advice on this topic. 13. Some banks may require non-documentary documents. Answered by AL MaMun (4 Golds) Friday, 06 Sep 2019, 07:02 AM |
Opening a Bank Account For opening a bank account you will need to collect the form from the bank of your choice. The application should be submitted along with the necessary documents for opening a bank account. Demand for these papers is different in different banks. In addition, there are differences in some of the rules. Required papers 1. Application for bank account in the form provided by the bank. 2. Two copies passport size picture. 3. Verified copy of updated trade license. 4. Resolution copy of the Board of Directors, ie the decision to open a bank account, if the Limited or Public Limited Company is to be operated, along with a copy of the decision taken along with the name of the KK Bank account. 5. Certificate of Incorporation from the Certified Join Stock. 6. Member certificates from members or associations approved by the government. 7. Your photo and application form will be required to be signed by another account holder of the bank and is identified as an identifier. Answered by AL MaMun (4 Golds) Friday, 06 Sep 2019, 06:57 AM |