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).

  • 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: BDL USD rate - 0.60% → Actual Effective Rate = 5.9%p.a. (Feb 2018).
    BDL weighted average rates are repriced yearly on each 31/12 rate is reviewed on yearly basis, unless amended otherwise in further circulars.