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Lanka Bangla Personal Loan

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Lanka Bangla Personal Loan

 

Monthly Repayment: BDT 11,122.22
Total Interest Payable: BBDT 167,333.43
Total Amount Payable: BDT 667,333.43  (When principal money is 500,000 Tk.)

Product Features:

Financial Amount (min to max): BDT 200,000 – 2,000,000
Loan Tenure (min to max): 1 – 5 years
Interest rate: 12%

Eligibility:

Min. Salary requirement: BDT 25,000
Age requirements (min-max): 25 – 55 years

Employment Eligibility

Salaried Employee

 

Some other important info:

Max. financing Amount : BDT 2000, 000
Min. loan tenure :1 year
Max. loan tenure: 5 year
Islamic / Conventional: Conventional

 

Processing fee:
1% on approved loan amount.

Early Settlement: 
2% of the rest amount.

 

Late Payment Charges:
4% above the nominal rate.

Other Charges:

Stamp duty
1% on approved loan amount.

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