Monthly Repayment: BDT 10,598.94
Total Interest Payable: BDT 135,936.22
Total Amount Payable: BDT 635,936.22 (When principal money is 500,000 Tk.)
Product Features:
Financial Amount (min to max): BDT 75,000 – 1,000,000
Loan Tenure (min to max): 1 – 5 years
Interest rate: 9.9%
Eligibility:
Min. Salary requirement: BDT 22,000
Age requirements (min-max): 21 – 65 years
Employment Eligibility
Salaried Employee
Self Employed
Some other important info:
Max. financing Amount : BDT 1 000 000
Min. loan tenure :1 year
Max. loan tenure: 5 year
Islamic / Conventional: Conventional
Processing fee:
2% on approved loan amount.
Early Settlement:
2% of overdue amount.
Late Payment Charges:
2% of defaulted amount.
Other Charges:
CIB charge of BDT 100. 15% VAT is applicable on invoiced fees & commissions.