Tenure: 12 Months. Maximum: 36 Months
Repayment method: Equal Monthly Installment
First repayment date: One month after the date of customer’s availing the loan.
Debt Burden ratio: 50:50
Rate of Interest: 17%p.a.q.r (Subject to change time to time by the Head Office)
Loan Processing Fee: 1% of loan Limit.
Risk Fund: 1% of loan Limit.
No hidden charge
Purchase of materials for house renovation.
Maximum 10 (Ten) Lac (Disclosure of schedule of properties of both borrower & guarantor is required)
Minimum age: Maximum age at loan maturity up to 60(Sixty) years. Minimum age: 25 years
Minimum service/Length of service: Regular employee having minimum two years service.
Minimum Income: Minimum monthly income Tk.20,000/-(Twenty Thousand) only