Bhutanese citizens having valid business license wishing to set up new/expand business for the purpose of trade and commerce.
75% of the collateral value or 50% of stock value
-
Duly filled loan application.
-
Copy of citizenship identity card.
-
Detailed Project Report (For development of new projects).
-
Business income tax and personal income tax assessment for individuals & Business units, if it is in operation.
-
Certificate of Incorporation issued by the ROC, if applicable.
-
Environmental clearance if applicable.
-
Approval for power supply from Bhutan power Corporation.
-
Financial Statements-Balance sheet & P& L Account for last two years.
-
Projected profit & loss statement for next financial year.
-
Working results of Sales & Purchases for the last 6 months, if it is in operation.
-
Latest stock position.
-
Invoice of machineries/fixed assets to be purchased if any.
-
Present borrowings and bankers details.
-
Valid Trade License.
-
Drawings for the new projects if applicable.
-
Stamped Consent/No Objection letter for family owned land, family tree (household) register issued by Department of Civil Registration and Census, MoHCA (if applicable).
-
Stamped and witness consent letter for extension of charges duly signed by the property owner, if applicable.