PUBALI BANK LIMITED

Probas Bandhu

Probas Bandhu

To Meet up short term financial need of any Bangladeshi individual having family member(s) who are working abroad.

Features and Benefits:

  • Limit: Tk. 1.00 Lac but not more than 3 times of monthly remittance inflow.
  • Repayment Method: 6 equal monthly installments
  • Easy and Fast Processing
  • Collateral Security is not required
  • Eligibility & Requirements

  • Having Deposit account (minimum 6 months) with Pubali Bank Limited in the name of the borrower where foreign remittance is being credited regularly
  • Average monthly remittance inflow must be at least Tk. 10,000/-
  • Age limit of the borrower and guarantor(s) must be from 21 to 60 years
  • Sets of documents based on requirements.
  • Security

  • Lien on deposit/savings account
  • Personal Guarantees
  • Required numbers of Post dated cheques covering all installments
  • Tripartite Deed of Agreement among borrower, guarantor and the bank.
  • Interest Rates and Fees

  • Attractive Interest Rate
  • No hidden cost