EMI Based Term Loan to

• Purchase Flat/Apartment/House for residence.
• Extension of existing house
• New House construction
• Renovation of House/flat/apartment
• Takeover of existing home loan/home credit/Mortgage loan.

Features:

• For Salaried Person/Businessman/Landlord.
• Loan Amount: – BDT 5 Lac to BDT 2.00 crore.
• Interest rate:
  • a. 8.25% for BGB
  • b. 9.00% for General Customer (floating)-Fresh Loans & Take Over
• Debt-Equity Ratio: – 70% : 30%.
• Loan Processing Fee:
  • 0% Processing fee for Take-Over Loans
  • For Fresh Loan Application Processing Fee – 0.50%.

• Repayment Tenor: 12 months to 300 months.
• Collateral/Security: Registered Mortgage, tri-partite or four party Agreement.
• Borrower Eligibility: – Bangladeshi
• Age – 25 years to 65 years
• For salaried Person 65 years or retirement age which is earlier.
• Salaried Person minimum 2 years’ experience.
• Gross Income Minimum Tk. 30,000/ (Tk. 40,000/= for joint Applicant)
• Co-Applicant Eligibility: Spouse, father, mother, son and brother only, but co-applicant is must.

Documents for Shimanto Nibash:

1. 4 copy Photographs duly attested (Applicant & Co-applicant)
2. Salary Certificate (Not more than 3 months old).
3. Individual Visiting Card and office ID Card.
4. Applicant & Co-applicant TIN certificate & Payment receipt.
5. NID or Passport Copy of Applicant & Co-applicant.
6. Utility bill copy (Update/Not more than 3 months old)
7. Personal Net Worth statement of applicant & Co-applicant.
8. All existing Loan/Loan related offer/Sanction Letter and one-year Loan Account statement.
9. Latest 12 months Bank Account Statements.
10. Any other Income with supporting documents
11. Proposed Mortgage Property related documents: All Legal Related Documents

*Conditions Apply