|Name||Unsecured Personal Loan|
|Loan Amount||Tk. 50,000.00 to Tk.10.00 Lac|
|Rates||11.50% To 12.00%|
|Tenure||4 Years (Max)|
Loan Processing Fee negotiable but not exceeding 1% of loan amount.
Unsecured Personal Loan (UPL) is a financing facility offered by Bank’s Consumer Credit Department to individual salaried persons living in the cities / towns where the Bank has its operations. It is a clean or unsecured loan in the sense that only security in this type of loan product is: a) Letter of Introduction from employer b) Transfer of monthly salary and assignment of Terminal Benefits c) Personal Guarantee taken from specific section of people from the society.
Any Bangladeshi individual who has the means and capacity to repay bank loan. In specific terms, these could be salaried executives of multinational and middle to large size local corporate, Government officials, Officials working in reputed NGOs (Non Government Organizations), international aid agencies & UN bodies, having a reliable source of income.