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Purpose
New Business Venture
Higher Education
Medical Purposes
Eligibility
Age: Aged between 18 and 60 years
Business Operation: 1 year in operation or can be considered based on owners strong business or income background
Guarantor with stable income source shall be included in the facility (for individual)
Key Features
Finance Limit: MVR100,000 to MVR1,500,000
Collateral: Property/vehicle(4 wheelers)
Loan Tenure: Up to 48 months (04 years)
Grace Period: Up to 06 months
Equity: Minimum 20% of total project cost
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