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.
Lien on deposit/savings account
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