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).
Maximum 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.