|Name||Flat Purchase Loan|
|Loan Amount||Maximum 25 Lac|
|Rates||12.00% - 15.00%|
|Tenure||8 Years to 15 Years|
This product will allow flat financing to the customer segment in terms of bank’s policy. Under this scheme, the flat is registered to the bank only. In addition to this registration requirement, on a case to case basis, banks may also wish to secure the loan partially by the commonly acceptable form of cash/quasi cash securities available in the market.
Any Bangladeshi individual and non-residential Bangladesh (NRB) 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 Organisations), international aid agencies & UN bodies, any tax paying businessmen of repute, any employed / self-employed tax-paying individual having a reliable source of income.
Loan to Price Ratio : Loan amount can not exceed 50% of the flat price.
As required by the Bank.