Personal Loan

Key facts

Interest rate

13.00% to 15.00%

Processing fee

Not listed by the bank

Loan amount

৳ 1,00,000 to ৳ 40,00,000

Tenure

Up to 5 years

Who can apply

Who can apply

Salaried, Landlords, Professionals, Self-employed, Business owners

Age

21 to 60 years

Minimum monthly income

৳ 40,000

• Any lawful purpose acceptable to the Bank.
• Personal Loans exceeding Tk. 10 Lac shall be secured appropriately.
• Minimum monthly net income: salaried Tk. 40,000; landlord Tk. 50,000; professional Tk. 60,000; businessman Tk. 80,000.
• Salaried: regular or permanent employee with at least 1 year of total work experience and 6 months with the present employer.
• Professional / self-employed: minimum 2 years of practice in the respective profession.
• Businessman: minimum 2 years of business establishment and a valid Trade License.
• Landlord / house owner: minimum 1 year of house rental income and must be a taxpayer.
• Personal guarantee required.

Documents you need

• ✓National ID Card.
• ✓Passport-size photographs.
• ✓Bank account statements for at least 6 months.
• ✓Service holders: employer introduction letter, salary certificate, pay slip, or employment ID card.
• ✓Professionals: copy of professional certificate.
• ✓Landlords: rental agreement, rent receipts, and title/ownership documents of rented property.
• ✓Businessmen: Trade License.
• ✓Other income: proof of income.
• ✓Personal guarantee.
• ✓e-TIN Certificate with up-to-date tax return submission receipt (if applicable).
• ✓Utility bill copy for contact or permanent address.
• ✓Supplier’s / seller’s quotation.

From the bank's own list. The bank may ask for more.

Full termsPRO

Checked against Bangladesh Bank