As part of the comprehensive financial solutions packages, SDB bank offers loan facilities for young male entrepreneurs, meeting diverse business financing needs for self-reliant males driving our local economy forward.
FEATURES AND BENEFITS
- Loan facilities up to Rs. 1 million with 2 guarantors
- Repayment period of up to 5 years for capital financing and up to 2 years for working capital
- For applicants who hold 50% or more ownership of a business, a quick and hassle-free loan of 10% or the total loan value is obtainable for emergency business requirements.
- A Jawaya loan can be obtained by men between 18 – 60 years of age (Age at the maturity of loan should not exceed 65 years)
- A duly filled loan application
- Copy of the national identity card / passport / driver’s license for identification
- Address verification document (i.e. copy of fixed utility bill, bank statement, etc) if current postal address differs from the national identity card or identification document
- Any other document requested by the Bank