Demand Loan for Professionals
To extend credit facilities to any individual/professionals to meet their personal need/demand for educational expenses, pay for vacations, medical bills, renovation of homes/chambers/offices etc.
Features and Benefits:
Loan limit Max. Tk. 20 Lac or up to 15 times of the net income whichever is lower.
Repayment Method: EMI
Loan Tenor: 6-60 months.
Maintaining Salary A/C with PBL will enjoy 1% less than prevailing interest rate
Easy and Fast Processing
Collateral security is not mandatory
Confirmed employee with at least 1 year service (min. income/month BDT 10,000)
Self-employed (min. income/month BDT 25,000)
Businessman doing business at least 2 years (min income/month BDT 30,000)
Age limit 21 years to 65 years at the time of maturity
Sets of documents based on requirements.
Required numbers of Post dated cheques covering all installments
Collateral Security is required if the loan limit is above Tk. 5 Lac
Interest Rates and Fees
Attractive Interest Rate
No hidden cost