Monthly Repayment: BDT 11,504.92
Total Interest Payable: BDT 190,295.38
Total Amount Payable: BDT 690,295.38 (When principal money is 500,000 Tk.)
Product Features:
Financial Amount (min to max): BDT 100,000 – 1,000,000
Loan Tenure (min to max): 1 – 5 years
Interest rate: 13.5%
Eligibility:
Min. Salary requirement: BDT 25,000
Age requirements (min-max): 25 – 57 years
Employment Eligibility
Salaried Employee
Self Employed
Some other important info:
Max. financing Amount : BDT 1000, 000
Min. loan tenure :1 year
Max. loan tenure: 5 year
Islamic / Conventional: Conventional
Processing fee:
1% on the approved loan amount or BDT 2000 whichever is higher.
Early Settlement:
2% on outstanding loan amount
Late Payment Charges:
Additional 2% interest on the defaulted amount
Other Charges:
Stamp duty
BDT 500 application fee.