འབྲུག་གི་དངུལ་ཁང།

BANK OF BHUTAN

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Business Entity

PART ONE – BORROWER DETAILS


1.2 If applicant is a Business Entity:

 

PART TWO – DEFERMENT










 

PART THREE – APPLICANTS WISHING TO CONTINUE REPAYMENT


I/We wish to continue to fully pay all of my/our loan EMIs i.e. I/We DO NOT wish to defer any of my/our loan repayments. Please provide loan details below.

You will be eligible for the reduction in interest rate for July 2020 – June 2021, only if you fully and regularly pay your EMIs within this period. The interest rate reduction will be calculated on the principal outstanding during the deferment period and adjusted at the end of the deferment period as follows:

  • adjusted directly to your principal outstanding if your loan is performing, or
  • adjusted first against the past overdues in case of Non-performing loans.
  • For those loans that are fully repaid (liquidated loans) during the deferment period, the interest differential will be refunded within three months after liquidation of loans.

Please note that if your loan(s) is/are covered under the Druk Gyalpo’s Relief Kidu Interest Payment Support, you need to pay only the principal portion of your EMI for July-September 2020; and the principal and 50% of the interest portion of your EMI for October 2020 – March 2021.


 

PART FOUR – APPLICANTS WISHING TO DEFER LOAN REPAYMENTS






EMIs will be recalculated if you wish to maintain the original tenure. Extension by more than one year will be subject to negotiations.






4.2.2. If Yes, please provide details:





4.2.3 Please list your income sources and indicate whether it has been affected by COVID-19.








4.2.4 I/We understand and undertake that:

  1. The repayment duration of my loan will be extended by the period of deferment or beyond.
  2. The deferment of the loan repayment will result in additional interest cost over the course of my loan; and
  3. If not eligible for interest waiver, interest will continue to accrue to my loan account during the period of deferment and this could result in increase in the amount/number of my EMIs.
  4. I will provide additional documentations to the FSPs, as required to support my deferment eligibility.
  5. If I opt not to defer my loan, I will not be eligible for rebate if the repayments are not full and regular during the deferment period.

I hereby declare that the details furnished herein are true and correct to the best of my knowledge and ability. In case any of the above information is found to be false or untrue or misleading or misrepresenting or concealed, I am aware that I will be held liable for it as per the relevant by-laws and laws.

I offer my consent to the concerned FSPs to validate and verify the information provided in this form.