Caution

If you receive any calls (except from BoB Contact Center when you have lodged a concern with them +975 2 349903), SMS and Email asking for personal details such as Account number or ATM Card number, please do not share. Bank of Bhutan will never ask for personal details of clients. It’s all spam.

Notification on ATM Withdrawal Charge

All customers are requested to note that cash withdrawals from other bank’s ATM machines are chargeable @Nu 9/- per withdrawal transaction from the sixth transaction onwards, and is recovered at each month end. This is a common charge across banks and as mandated by the Central Bank.

Home Personal Banking Loans Share Loan

Share Loan

Leverage your investments in shares for securing a loan to meet unforeseen expenses. This loan can also be used for subscribing to rights or new issue of shares.

CLASSIFICATION

  • Purchase of shares
  • Pledge of shares

ELIGIBILITY

  • All individuals who are having adequate source of income are eligible to purchase shares.
  • All individuals having shares of a listed company in RSEBL and should have three years of trading history.

QUANTUM

  • Purchase of shares: 50% of the offer price and 70% of the market price or offer price, whichever is lower
  • Pledge of shares: 60% of the market price

The last traded prices can be obtained from the RSEBL.

INTEREST RATE

CLICK HERE to view the Floating/Prevailing interest rate.

TENURE

  • Purchase of shares: 6 years
  • Pledge of shares: 5 years

CHECKLIST FOR SHARE LOAN ( FOR DOWNLOAD IN PDF )

  • Application form duly filled in and signed on all the pages (Full Signature).
  • Copy of valid Citizenship Identity (CID) of both the applicant and the guarantor as applicable.
  • One recent Pass Port size photograph of the applicant.
  • Trade confirmation Certificate from RSEB
  • Ownership certificate(s) of the collateral security offered to bank.
  • Consent letter from the joint owner or co-owner if the collateral provided is in joint and co-ownership.
  • For family owned land, family (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).
  • Valid insurance copy of the collateral securities charged in case of buildings.
  • Proof of income to service the loan – rental income/ BIT/ PIT/Salary Slip duly certified by the Department concerned.

Downloads / Links

Download Share Loan Form