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 Motor Cycle.
Maximum 03(Three) Lac. (The motor cycle will be registered in joint name wherein SBL will be the First party. Customer will bear insurance & registration charge)
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
All Banks, All Gazzated Officers, Officers of Govt, Semi-Govt. organization & Multi National Companies. Teachers of public & private university, reputed schools & colleges.