Bidder's Loan

Bidder's Loan

Business enterprises (other than public limited company) engaged in construction and supply business can avail Bidder's loan for issuing Payment Order/Demand Draft etc. to participating in tenders.

Nature of the Loan

  • Loan General (Revolving)

Eligibility

  • The enterprise to be enlisted with Govt./Semi Govt./Autonomous bodies not below the status of Category 'C'

Loan Size

  • Maximum Tk.50.00 Lac.

Loan Period

  • Maximum 12 Months

Repayment method

  • By cancellation of PO/SDR/DD
  • Payment to be made when instrument is encashed by beneficiary