SME Banking
 
 
SME DEPOSIT/LOAN PRODUCTS

Considering the volume, role and contribution of the SMEs, in the last three decades AB Bank has been patronizing this sector by extending credit facilities of different types and tenor. As of now around 30% of the bank’s total loan portfolio is segmented to the SMEs which deserve all out attention in our plans, projections and forecasting.

As such the bank has emphasized on the following issues:
  • To provide the best services to the SME sector
  • To increase the SME portfolio of ABBL significantly
  • To improve the quality of ABBL’s portfolio

SME Sectors in which AB Bank has participated so far:

  • Agro machinery
  • Poultry
  • Animal Feed
  • Dairy Product
  • Fruit Preservation
  • Hotel & Restaurants
  • Garments Accessories
  • Leather products
  • Plastic product
  • Furniture : Wooden & Metal
  • Ink
  • Paint
  • Printing & Packaging
  • Wire & Cable
  • Aluminum
  • Cement and Lime Plaster
  • Clinics and Hospitals
  • Engineering & Scientific Instruments
PRODUCT NAME   PRoGATI
Type : SME Business Account (Current Account) with maximum returns.
Features :
  • Interest bearing Business Account (interest on daily balance).
  • Only SME Customers can open this account if they have valid Trade License/ Partnership deed/documents for Limited Liability Company issued by proper authority to conduct the business.
  • No inter- city transaction fee up to Tk. 10.00 lac
  • Cost free ATM/ Debit Card for the 1st year.
  • Free SMS banking for the 1st year.
  • No Account maintenance fee for the 1st year.
Rates :
Balance Rate
Less than Tk.25,000/-    0.00% p.a.
Tk.25,000/- to Tk.4,99,999/- 3.00% p.a.
Tk.5,00,000/- to Tk.9,99,999/- 4.00% p.a.
Tk. 10,00,000/-and Above 5.00% p.a.

PRODUCT NAME   GATI
Purpose : A loan facility for meeting regular as well as additional requirements of businesses; i.e. it will be part of working capital of the business.
Loan Amount : Maximum TK 500.00 lac
Determination of Limit : * Limit will be determined by the stock and/or volume of sales
* Maximum 80% of the stock value to be financed
Tenor : Maximum 3 (three) years
Repayment : Through EMI/ Lump sum
Security and/ or Collateral : (i)  Hypothecation of stock and/or receivables
(ii) Registered mortgage of land & buildings and/or Tripartite agreement for shop and/or business premises and/or any other collateral

PRODUCT NAME   PROSHAR
Purpose : It is long term finance for infrastructure development /capacity building etc.; i.e. term Loan for expansion & BMRE.
Loan Amount : Maximum TK 500.00 lac
Determination of Limit : * Loan amount will be maximum 80% of the proposed additional investment/ expenditure
Tenor : Maximum 5 (Five) years
Repayment : Through EMI
* Moratorium period: maximum 6 (six) months
Security and/ or Collateral : (i) Hypothecation of stock and/or receivables and/or machineries and/or furniture and fixture etc.
(ii) Registered mortgage of land & building and/or Tripartite agreement for shop or business premises or any other collateral.

PRODUCT NAME   DIGUN
Purpose : Double amount of loan against value of the savings instrument (ABBL FDR, DDS) to meet any type of business requirement
Loan Amount : TK 10.00 lac  to TK 100.00 lac
Tenor : Maximum 3 (three) years
Repayment : Through EMI/ Lump sum
Security and/ or Collateral : (i) Hypothecation of stock and /or receivables
(ii) Lien of savings instrument (ABBL FDR, DDS) covering minimum 50% of loan size.
(iii) PG of the spouse of the borrower.
(iv) 1 (one) 3rd party guarantee
Condition : Deposit Instrument will not be released before adjustment of the loan

PRODUCT NAME   SATHI
Purpose : Term loan for CNG Refueling conversion/ Light Engineering/ project finance (package deal including non-funded)
Loan Amount : Maximum TK 500.00 lac
Determination of Limit : * Loan amount will be maximum 90% of the value of the imported and/or locally procured machineries.
Tenor : Maximum 5 (Five) years
Repayment : Through EMI
* Moratorium period: maximum 6 (six) months
Security and/ or Collateral : (i) Hypothecation of machineries and/or stock
and/or receivables.
(ii) Registered mortgage of project land & building;
additional land (if required)
(iii) PG of the spouse of the proprietor / PG of the directors.

PRODUCT NAME   CHHOTO PUJI
Purpose : Collateral free loan for working capital/fixed investment requirement
Maximum Loan Amount : Up to TK 10.00 lac
(For both Urban and Rural Branches)
Determination of Limit : * Limit will be determined by the stock and/or receivables or volume of sales.
* Maximum 80% of the stock and/or stock value to be financed
Tenor : Maximum 3 (three) years
Repayment : Through EMI/ Lump sum
Security and/ or Collateral : (i) Hypothecation of stocks and/or receivables and/or machineries/equipments etc. and/or furniture, fixtures and other moveable assets.
(ii) Personal guarantee of the spouse and/or other able family member(s) of the borrower.
(iii) Third party guarantee from a person acceptable to the Bank.

PRODUCT NAME   UDDOG
Purpose : Loan for new entrepreneur/ business.
(for working capital as well as fixed capital investment)
Loan Amount : Maximum TK 50.00 lac
Tenor : Maximum 3 (three) years 
Repayment : Through EMI/ Lump sum
Security and/ or Collateral : (i) Hypothecation of stocks and/or receivables.
(ii) Registered mortgage of land and building and/or any other collateral
(iii) PG of the spouse of the borrower and/or able family member(s)

PRODUCT NAME   AWPARAJITA
Purpose : A loan facility for meeting working capital requirement as well as fixed investment in businesses for women entrepreneurs
Loan Amount : Maximum: TK 2 Crore
(Collateral free maximum Limit is TK 25 lacs)
Determination of Limit : * Limit will be determined by the stock and/or volume of sales
* Loan amount will be maximum 80% of the proposed additional investment/expenditure
Tenor : Maximum 3 (three) years
Repayment : Through EMI/Lump sum/ continuous payment like OD
Security and/ or Collateral : (i) Hypothecation of stock and/or book debts
(ii) Registered mortgage of properties/ Tripartite agreement for shop or business premises.
(iii) PG of the spouse of the borrower; in case of unmarried customer, father/ mother or any other able family member