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BRAC Bank Limited

BRAC Bank Limited

  +880-2-885 9202,24 Hour Call Center: 16221 For Overseas Callers: +880 2 55668056

 +880-2-986 0395

 enquiry@bracbank.com

Loan information of BRAC BANK LIMITED
NameExecutive Study Loan
Category Education Loan
Loan AmountTk. 25,000 to Tk. 5.00 Lac
Rates-
Tenure1-3 years
Charges
  • Processing Fee  2.00%
Conditions

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FeaturedNo
Description

A meritorious student is never far away from their dream career, courtesy of Brac Bank's education loan. Students from every discipline can now take their first steps on the path to success. Every feature of  education loan assists the process of higher education in a comfortable manner. Tax benefits, post-graduation EMI schedule and a flexible tenure make higher education both affordable and convenient as never before.

So, ready yourself for a bright future with Brac Bank’s education loans.

Benefit

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Eligibility

Age:

  • Minimum age is 28 years at the time of underwriting
  • Maximum 50 years at the time of loan maturity.

Income range:

  • BDT 15,000 to BDT 17,000 *

Eligible courses:

  • Any Master Degree / Professional Master Degree offered by the respective institution / University / College.
  • Post Graduate Diploma offered by the respective Institution.
  • Any Master or equivalent Degree / Certificate or Diploma offered by respective Medical/ Engineering University.
  • Any professional Degree / Diploma / Certificate offered by respective Institution (for example, ACCA, CAT, CIMA, CFA, CMA etc.).
Supporting Documents
  • Last 6 month's salary account statement.
  • Latest contract letter for contractual staff.
  • Proof of Employment.
  • NID/Passport both of loan applicant and guarantors.
  • Program/Course Enrollment letter/Academic Offer Letter (On Letterhead of University/Institute).
  • Semester Enrollment Receipt.
  • Customer's declaration letter regarding duration of course completion.
  • Other Documents.
*Bdbankbazaar is not responsible for any discrepancy of interest rate and terms and condition of respective Bank/ NBFI