|Name||Any Purpose Loan|
||Any Purpose Loan
|Loan Amount||Minimum 2.00 lac Maximum Tk. 75.00 Lac.|
|Rates||As determined by the bank from to time.|
For construction & renovation of residential house/building and purchase of Flat/Apartment & any lawful purpose.
- Minimum age 25 years / Maximum age 55 years.
- But loan tenor shall not exceed 60 years of age.
- Net Income should be at least Tk. 40,000/- per month. (To be substantiated by evidence)
- The loan shall be secured by 200% tangible asset or 100% financial asset.
- In suitable cases security condition may be relaxed.
- Hypothecation/ Lien / Registration / Mortgage of any other asset, acceptable to the bank, as feasible depending on the type of asset.
- Personal guarantee of the applicant & applicant’s spouse.
- Third party guarantor shall be equal to or creditworthy than the principal applicant.