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Bank Asia Limited

Bank Asia Limited

 02- 7110042,7110062,7110147,7110173,7110177,7110218

 88-02-7175524

 bankasia@bankasia.com.bd

Loan information of BANK ASIA LIMITED
NameUnsecured Personal Loan
Category Personal Loan
Loan AmountTk. 50,000.00 to Tk.10.00 Lac
Rates11.50% To 12.00%
Tenure4 Years (Max)
Charges

Loan Processing Fee negotiable but not exceeding 1% of loan amount.

Conditions

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FeaturedNo
Description

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.

Benefit
  • - Payment method - Equal Monthly Installments.
  • - Competitive interest rate.
  • - No early settlement & partial adjustment fees.
  • - No Hidden cost.
Eligibility

Age limit:

  • Minimum 25 years
  • Maximum 57 years at loan maturity

Income:

  • Minimum income Tk 15,000.00 per month.

Experiance:

  • Minimum service length 2 years. At least 6 months with current employer

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.

Supporting Documents
  • Usual Documents.
  • Other documents required by the Bank.
*Bdbankbazaar is not responsible for any discrepancy of interest rate and terms and condition of respective Bank/ NBFI