Features:

• Loan amounts from Tk. 50,000 to Tk. 20,00,000
• Flexible repayment option of 06 – 60 months
• No hidden charges
• Competitive interest rate
• Easy documentation and quick processing
• Option for early settlement

Loan shield:

Insurance coverage is available on an opt-in basis

• Death Coverage: Outstanding loan will be settled in the event of the borrower’s death
• Permanent & Total Disability (PTD) Coverage: Outstanding loan will be settled in the event of permanent and total disability

Eligibility:

• Age Minimum 21 and maximum 65 years or retirement date whichever is earlier at the loan maturity
• Experience:
  • Salaried person : 1 year with 6 months permanent employment status
  • Self employed : 1 year of practice in the profession
  • Businessperson : 2 years of involvement in the same nature of business
• Minimum monthly income:
  • Minimum BDT 18,000 for Government staff
  • Minimum BDT 20,000 for CEPP/Payroll/Salary with MTB
  • Minimum BDT 30,000 for other salaried person
  • Minimum BDT 50,000 for Self-employed
  • Minimum BDT 50,000 Land Lord/Land Lady/other income individuals
  • Minimum BDT 200,000 for Businessperson

Loan Balance transfer or Take over:

Customers enjoying EMI based personal loan with other banks may enjoy the facility of Loan Balance Transfer.

Eligibility:

• Minimum 6 loan EMI repayment with existing bank
• Minimum takeover loan amount is Tk. 200,000 and maximum Tk. 20,00,000

Benefits of Takeover Plan:

• No processing fee for loan takeover or balance transfer
• Approved loan amount may be higher than the takeover loan amount