Our e-GP Financing is a specialized, short-term facility designed exclusively for our bank's account holders who participate in the government’s Electronic Government Procurement (e-GP) system. This product empowers contractors and suppliers to secure their required Tender Security (Pay Order) by depositing only a 5% cash margin, while the bank finances the remaining 95%.

 

Why Choose Our e-GP Financing?

• Maximize Bidding Power: Bid for higher-value or multiple projects simultaneously using just a fraction of the cost.
• Preserve Working Capital: Keep 95% of your cash flow free for daily operations, materials, and payroll.
• Secure & Hassle-Free: No physical document handling; the Pay Order number integrates perfectly with the e-GP portal.
• Exclusive Privilege: A premium financial tool available only to our valued account holders.

 

How It Works: A Simple 5-Step Journey

1. The Requirement: Identify an e-GP tender requiring a Tender Security (e.g., 1,000,000 BDT).
2. The Deposit: You deposit only 5% (e.g., 50,000 BDT) into your bank account.
3. The Issuance: The bank generates a Pay Order for the full 100% amount.
4. The Submission: The bank retains the physical Pay Order for security and provides you with the Pay Order Number to submit your bid online.
5. The Settlement: Once the tender is released, the bank deducts the interest on the financed 95% from your initial margin and refunds the remaining balance.

 

Eligibility

• Customer Type: Farm, Enterprise, or Industry.
• Legal Entities: Proprietorships, Registered Partnerships, and Limited Companies.

 

Requirement: Must be an existing bank account holder who regularly bids on the e-GP portal.