A home for you and your loved ones must be one of the most treasured dreams in your life. With competitive rates, convenient features and simple procedures, Home Loan from any Bangladeshi bank will enable you to turn your dream into reality.
Features
- Loan amount of BDT 750,000 - BDT 7,500,000
- Maximum loan amount of 80% of the property valuation, inclusive of registration cost
- Financing for the registration cost
- Clubbing of income amongst spouse, father and son/daughter, mother and son/daughter is possible
- Competitive interest rates on a monthly reducing balance
- Loan tenure of 5 - 20 years (prior to borrowers age reaching 60 years)
- The age of the property must not exceed 20 years of age
- Apartments under construction is also applicable for Home Loan facility
- As a customer, you also have flexibility to buy apartment under construction subject to the terms and conditions as applied by the Bank
- Partial or early settlement facilities
- No personal guarantee or cash security
Eligibility
- Age: At least 23 years
- Professional Experience:
- Salaried: Employed for at least 2 years by a well-reputed organization
- Self employed: Professional experience or business establishment for at least 2 years (with adequate proof) - Minimum Monthly Income:
- Salaried: BDT 40,000
- Self Employed: BDT 50,000
What security documentation do you require?
- Mortgage and original title deed
- Property insurance covering fire, earthquake, flood, and cyclone
- Irrevocable General Power of Attorney (IGPA)
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