1. Term Loan

SDBL Term Loan program is designed to provide business entity with loan facility to mainly finance their fixed assets requirement or any other requirement which may arise in course of business operation. Repayment Installments is designed to suit the nature of business and the repayment capacity of the business entity.

Highlights

• Loan amounts 500,000 – 7,500,000
• Turn Around Time – 7 days from the receipt of application along with the required documents.
• A moratorium period of 6 months in case of construction, expansion or diversification.
• Flexible repayment terms that meets your need and ability to repay.
• Processing Fee – 1% of the approved loan amount.
• Even after repaying certain principal portion of the approved loan amount the client may be entitled to utilize the repaid amount again depending upon your need just by paying 0.5% processing fee on the amount to be used.
• Financing up to 80% of the project cost
• Loan Tenor – Maximum 7 yrs from the date of final disbursement of the total loan amount.
• Prepayment – Any prepayment applied shall be negotiated with the client in advance and will be mentioned in the offer letter.
• Interest payment option – Monthly or quarterly depending upon the nature of business.
• No Applicant Fee.

2. Working Capital/ Short Term Loan

SDBL Working Capital Loan facility is for providing business entity with facility mainly to meet their day to day working capital requirement of their business unit. These types of loan will also be provided to Importers and Exporters in the form of Export Loan / Trust Receipt Loan.

Highlights

• Loan amounts 500,000 – 7,500,000 (Amount less that 500,000 will be provided in special cases).

• Turn Around Time – 7 days from the receipt of application along with the required documents.

• Yearly renewal of the loan facility depending upon the performance of the business entity.

• Processing Fee – 1% of the approved loan amount.

• Monthly / Quarterly Interest Payment Option.

• No Applicant fee.

• Loan Tenor – 12 months, Renewable yearly at the sole discretion of the management.

• Prepayment allowed.


 

3. Overdraft

Overdraft is a type of facility which is provided to a business entity or a individual where they can issue a cheque / overdraft despite having no credit balance available in their account for meeting their day to day working capital requirement.

Highlights

• Loan amounts 500,000 – 7,500,000(Amount less that 500,000 will be provided in special cases).
• Turn Around Time – 7 days from the receipt of application along with the required documents.
• Yearly renewal of the loan facility depending upon the performance of the business entity.
• Processing Fee – 1% of the approved loan amount.
• Monthly / Quarterly Interest Payment Option.
• No applicant fee.
• Loan Tenor – 12 months, Renewable yearly at the sole discretion of the management.

4. Real Estate Loan

BDB Commercial Real Estate LOAN program provides financing for construction, acquisition and refinance of commercial properties, as well as financing for residential development BOTH FOR REGISTERED FIRM AND INDIVIDUALS.

Loan against owner – occupied , commercial and real estate investor mortgage to acquire new land and land development, construction, improvements can be rewarded by the overdraft, term loan, working capital and SME’s loans in case of registered firm and term and overdraft in case of individual investors.

Highlights

• Moratorium period upto 6 months in case of construction and land development.
• Loan Amount – 500,000 – 7, 500,000(Amount less that 500,000 will be provided in special cases).
• Flexible repayment terms that meet your needs and ability to repay.
• Documentation Fee – 1% of the approved limit.
• Loan annual fee – waived for the first year. 1% after 2nd year onwards to be charged in the first month of the calendar.
• As you repay the balance, that money becomes available again to use.
• Issue cheque at anytime for any amount up to the approved credit limit.
• The client can access his credit whenever he needs it. As long as he makes the minimum monthly interest payment, he can repay the loan principal as he wishes. No matter how much credit he has, he only pays interest on the amount utilized.
• Schedule monthly payments online to be made automatically to his Real Estate Loan from his current account.
• No application fee.

4. Home Equity Loan and Lines of Credit ( EASY LOAN)

SDBL Home Equity and Lines of Credit will allow an individual to borrow money by using the equity in his home to secure a loan or line of credit. The client can borrow up to 70% of his home’s equity and mortgage, based on the current market value and loans already secured by his home. A home equity line of credit provides the flexibility and convenience of borrowing only as much as the client needs up to his credit line. As he pays down the balance on his credit line each month, he replenishes his available credit to use again as required. The limit can be used for for home improvements, buying a car, important purchases, college tuition, medical, foreign employment and social or other expenses.

Highlights

Credit Lines
• Credit Lines from 300,000 – 7,500,000(Amount less that 300,000 will be provided in special cases).
• Flexible repayment terms that meets the client’s ability to repay.
• Documentation Fee – 1.5% of the approved limit.
• Loan Tenor – 12 months, yearly renewable at the sole option of SDBL.
• Low Annual Fee – waived for the first year. 1% after 2nd year onwards to be charged in the first month of the calendar.
• As the client repays the balance, that money can be available to him again .
• Issue cheque at any time for any amount up to the client’s approved credit limit.

5. Hire Purchase / Leasing

SDBL Auto Loan program provides vehicles and other equipments under Hire Purchase & Leasing facilities. Individuals being salaried or self employed or a business entity may be entertained for private as well as commercial vehicle under our Hire Purchase & Leasing Loan facilities at a very competitive terms & conditions.

Highlights

• Loan amounts 300,000 – 5,000,000(Amount less that 300,000 will be provided in special cases).
• Moratorium Period of maximum 3 months in case of commercial vehicles, depending upon the need.
• Financing for new / used recondition vehicles not more than 7 yrs. Old at the time of final maturity of the loan.
• 100% financing for new and used vehicles in case of additional collateral provided by the client.
• Loan Tenor of maximum 84 months.
• Processing Fee of 1%.
• Maximum Finance unto 80% of the cost.
• Pre-payment facility allowed after 12 months. 1% prepayment charge within first 12 months.
• No applicant fee.
• 70% finance for second hand/ reconditioned vehicle based upon the current book value of the vehicle and is applicable only for existing client who have proven good record with us.
• Turn Around Time – 48 hours from the receipt of application along with complete information.
• Buy Back Leasing – If a business entity has already made fixed asset investment for his machinery, equipments, vehicles etc. and now is stuck in the middle of the road due to lack of working capital for the operation of his business, then buy back leasing can be a good option. We will value his assets and buy back the asset from him and again provide the same asset on leasing facility to the client. This way the client will have the privilege of using the assets as well as finance to run his business.

6. Other Loans

Loan against Fixed Deposit Receipt (LAFDR)

If you are a Fixed Deposit Account Holder in SDBL, then you can avail upto 90% of the Fixed Deposit Amount as Loan from our Bank by pledging your Fixed Deposit Receipt. You have to pay +2% extra interest on the amount withdrawn as loan on monthly basis.

We also provide LAFDR by pledging fixed xDeposit Receipt of other Banks or Financial Institution and charge extra interest of +2% or 10.5% whichever is higher on the amount withdrawn as loan.
 

Loan against Marketable Securities (LAMS)
 

SDBL also provides loan facilities against pledging of Marketable Securities and HMG Bonds at a competitive interest rate.

 

Loan against Financial Guarantee (LAFG)

We provide loan facility against 1st Class Bank Guarantee, Financial Guarantee and Other Banks Guarantee, interest being flexible depending upon the type of Guarantee provided.