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Farmers Bank Any Purpose Loan

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Farmers Bank Any Purpose Loan

 

Monthly Repayment: BDT 11,634.13
Total Interest Payable: BDT 198,047.53
Total Amount Payable: BDT 698,047.53  (When principal money is 500,000 Tk.)

Product Features:

Financial Amount (min to max): BDT 50,000 – 1,000,000
Loan Tenure (min to max): 1 – 5 years
Interest rate: 14%

Eligibility:

Min. Salary requirement: BDT 20,000
Age requirements (min-max): 21 – 65 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:
BDT 3000

Early Settlement: 
2% on outstanding loan amount

 

Late Payment Charges:
Additional 2% interest on the defaulted amount

Other Charges:

Stamp duty
BDT 1260

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