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Term Loan to Service Industry

For service sectors such as hospitality, sports, entertainment, IT, schools, institutions and tourism, T Bank offers financial assistant through term loan to Service industry with attractive interest rate.

Individual/firms who wish to start hotel/resort/schools/Colleges or any project involved in the business of delivering services.

Click here to refer interest rate chart

Maximum of 75% of the project cost depending on the viability of the project.

20 year including gestation period.

  • Application
  • Copy of citizenship identity card.
  • Detailed Project Report (For development of new projects).
  • Business income tax and personal income tax assessment for individuals & Business units, if it is in operation.
  • Certificate of Incorporation issued by the ROC, if applicable.
  • Environmental clearance.
  • Approval for power supply from Bhutan power Corporation.
  • Audited Financial Statements- Balance sheet & P& L Account for last two years, if it is in operation.
  • Projected profit & loss statement for the proposed loan tenure or at least for next five years.
  • Working results of Sales & Purchases for the last 6 months, if it is in operation
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  • Latest stock position, if it is in operation
  • Invoice of machineries/fixed assets to be purchased.
  • Present borrowings and bankers details.
  • Valid Trade License.
  • Statutory approval/Clearances from various Government Authorities/ Agencies wherever necessary.
  • Board resolution wherever applicable.
  • Drawings for the new projects.

Download Application Form

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