BCB offers affordable financing at reasonable rates. BCB offers credit limit to finance current assets and working finance and long term loan to finance fixed assets, capital machinery etc. Bank also finances Real Estate, Work order, Foreign Trade.
Cash credit hypothecation is a kind of running account that offers a credit limit. Borrower can withdraw up to that credit limit. Cash credit hypothecation use by the business person to meet the day to day business expenses. It requires inventory to be kept as security.
BCB offers overdraft against lien of different financial instruments. Financial instrument could be of following types:
- Fixed Deposit in the name of borrower
- Fixed Deposit in the name of 3rd party
- Against Savings Schemes
Business organizations may sale or discount their bill of exchange in BCB which arises from the domestic and international trade.
Bank provide long term loan to business organization to finance fixed assets or capital machineries. This loan is payable by equal monthly installments.
House building loan provided to individual and business organization for construction of building or completion of finishing works to be used for commercial and residential purpose.