SIBL Islamic Consumer Finance

Key facts

Profit rate

14.00% to 15.00%

Processing fee

0.5% of the loan, at most ৳ 15,000

Loan amount

৳ 50,000 to ৳ 10,00,000

Tenure

12 months to 5 years

Who can apply

Who can apply

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

Age

25 to 60 years

Minimum monthly income

৳ 25,000

• Bangladeshi nationality.
• Maximum age 60 at investment maturity; up to retirement age for salaried applicants.
• Salaried executives of reputed organizations must have a salary account with any bank.
• Government, semi-government and autonomous-body executives are eligible.
• Eligible professionals include doctors, architects, engineers, chartered accountants, consultants and IT professionals.
• Teachers of reputed universities, colleges, madrasahs and medical colleges are eligible.
• Businessmen and landlords must have income reflected in bank statements.
• Salaried: At least 3 years' experience, including 6 months of permanent employment with the present employer.
• Self-employed professionals: At least 2 years of continuous professional practice.
• Businessmen: At least 3 years of continuous experience supported by documents.
• Minimum monthly income: Salaried Tk. 25,000; self-employed professionals Tk. 30,000; businessmen/landlords Tk. 40,000.
• Salaried and self-employed professionals: One personal guarantee and one family guarantor.
• Businessmen and landlords: Two personal guarantees and one family guarantor.
• Maximum investment is Tk. 1,000,000 or 12 times gross monthly income, whichever is lower.
• For household goods, ornaments, jewellery, house renovation and other legitimate Shariah-permissible purposes.

Documents you need

• ✓Salaried: Letter of Introduction and payslip, if available.
• ✓Salaried: National ID/Voter ID/Passport/Driving Licence/Employee ID copy.
• ✓Salaried: Bank statements for the last 6/12 months.
• ✓Salaried: Photographs, TIN certificate and business card.
• ✓Self-employed professionals: National ID/Voter ID/Passport/Driving Licence copy.
• ✓Self-employed professionals: Bank statement for the last 12 months.
• ✓Self-employed professionals: Professional degree and professional association membership certificates.
• ✓Self-employed professionals: Photographs, TIN certificate and business card.
• ✓Businessmen and landlords: National ID/Voter ID/Passport/Driving Licence copy.
• ✓Businessmen and landlords: Bank statement for the last 12 months, photographs and TIN certificate.
• ✓Businesses: Trade licence for proprietorship or partnership firm.
• ✓Partnership firms: Partnership deed.
• ✓Limited companies: Memorandum and Articles of Association and share summary copy.
• ✓Businessmen: Monthly sales report for the last 12 months.
• ✓Landlords: Rental agreement, proof of property ownership/municipal tax receipt and account statement reflecting rental income.

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

Full termsPRO

Checked against Bangladesh Bank

The rate shown is Social Islami Bank PLC's own announcement to Bangladesh Bank for October 2026. It updates when Bangladesh Bank publishes a new chart.