When you need money in quick time to tide over your immediate needs, turn to Bank of Bhutan’s Overdraft Loan facility.This is a short term loan and comes with hassle-free documentation and easy fund access.
All contractors who are awarded work / supply order
One year or till the validity of the contract on hand.
CID copy of the applicant and guarantor
Recent Passport size photograph of the applicant
Ownership certificates of securities offered to bank
Property valuation/assessment/estimate certificates
Copy of Work Order/ supply order supported by relevant pages of the agreement
Copy of the Quotation/Invoice
Letter of Undertaking from awarding agencies for routing of RA Bill payment through bank.
Copy of valid trade license
Statement of stock & book debts debtors (age wise), sundry creditors as on a recent date.
Sales and Purchases report for the past 12 months.
Income and expenditure / Profit and Loss and Balance sheet for the last two years (preferably audited)
Projected sales and purchases for the next 12 months
- Personal Loan
- Consumer Loan
- Educational Loan
- Housing Loan
- Gold Loan
- Festival Loan
- Agriculture Loan
- Establishment Loan
- Manufacturing Loan
- Mortgage Loan
- Overdraft to Traders
- Overdraft to Civil Contractors
- Overdraft against TDRs
- Service Loan
- Share Loan
- Transport Loan
- Vehicle loan to Government Employees