BDL Incentive Loans

The right incentive for your business.

Opportunities await you. IBL Bank has partnered with BDL to bring you the BDL Incentive Loans so you can finance new projects or expand existing ones and even purchase new premises or headquarters (provided this property is not sold for 7 years).

Characteristics:
  • Loan Amount: Maximum USD 15,000,000
  • Sectors Covered: All sectors
  • Currency: USD
  • Tenor:
    • 15 years (excluding the grace period)
    • 2 years including 1 year grace period if taken for Working Capital needs only.
  • Grace period: Between 6 months and 4 years
  • Interest: 40% US$ CD Yield + 2.5% + 30%FFR => Actual Effective Rate = 5.48%p.a. (Oct 2017).
    FFR rate is reviewed on yearly basis.