Social Development Bank
Financing Advantages: Financing decision is mainly based on the recommendation of Nusaned team
Grace Period: As recommended by Nusaned, repayment may be delayed for up to 36 months (three years). Payments are made as per bank policy.
Approval period: Not more than one month if documents are complete and conditions are met.
Interest rate: Interest free
Other advantages:
- Additional funds may be requested after half term.
- The client has the right to apply for an increase of the basic funding amount in case of emergencies, such as natural disasters, if project runs into difficulties, emergency government requirements that require additional amount, and additional costs that have not been considered by concerned parties.