LOAN AMOUNTS
Minimum AFN 100,000 - Maximum AFN 2,000,000
FACILITYTYPE
Term Loan only
PURPOSE OF LOANS
Business activities
DURATION OF LOANS
Minimum 18 months
Maximum 60 months
INTEREST RATE:
|
Period (Months) |
Interest Rate (%) Flat P.A |
Processing Charges (%) |
|
Less than 24 |
5 |
1 |
|
24 to 36 |
5.5 |
1.5 |
|
Above 36 |
6 |
2 |
REQUIREMENTS
Terms and Conditions
Self-declared Financial Statements
No need to evaluate the property by the external evaluators
Preference to the entity who has a line of business for minimum 2 years of activity, new business will be seen case to case basis.
Currency of loans only in AFN only in Conventional Banking
Guarantors at the sole discretion of the Bank.
There will be 2% penal interest in case of late payment and compound interest will be applied.
Other Credit terms and conditions and environmental policy of the bank will be applicable.