Objective
A personal loan scheme that supports purchase of various consumer durable such as Television, Refrigerator, Air Conditioner, Washing Machine, Computers, other household furniture etc.
Features and Benefits:
Upto 30% of quoted value.
Loan Size: 3 Lac excluding down payment 70% (Subject to change at Bangladesh Bank’s discretion).
Repayment Method: EMI, Loan Tenor: 24 months to 36 months.
Easy and Fast Processing
No collateral or cash securities
Eligibility & Requirements
Any Bangladeshi individual who has the means and capacity to repay the bank loan.
Monthly net income must not less than Tk. 3000
Min. age of 21 years and Max. age of 65 years at the time of maturity
Sets of documents based on requirements
Security
Hypothecation over purchased assets.
Required numbers of Post dated cheques covering all installments
Personal Guarantees
Interest Rates and Fees
Attractive interest rate
No hidden cost