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: Libor 1Y + 4.13%→ Actual Effective Rate = 6.9%p.a. (May 2018).
  • Interest rate is reviewed yearly