Personal Loan

Standard Chartered Bank

Interest Rate

9 %

Processing Fee

1 %

Loan Amount

20,000,00 BDT

Loan Duration

5 Years

Fees & Charges

  • Processing Fee: 1%
  • Early Adjustment Fee: 2% of the outstanding amount.
  • Partial Payment Fee: 2% of the prepayment amount.

Features

  • Loan Amount: Minimum: BDT 50,000 & Maximum: BDT 20,00,000.
  • Loan Tenure: Minimum 1 Year & Maximum 5 Year.
  • 1 Guarantor Required for Loans above 5 lacs.
  • Fast Processing.

Eligibility

  • Minimum Monthly Income:
  • SCB Employee Banking: BDT 22,000
  • Others Bank Salary Account: BDT 30,000
  • Minimum Job Experience: 1 Year.
  • Age Requirement: 23 Years to 65 Years.

The City Bank Ltd.

Interest Rate

9%

Processing Fee

1%

Loan Amount

20,00000 BDT

Loan Duration

5 Years

Fees & Charges

  • Processing Fee: 2% of the approved loan amount
  • Early Settlement Fee: 2% of the loan outstanding.
  • Prepayment Fee: 1% of the prepaid amount.

Features

  • Loan Amount: Minimum: BDT 50,000 & Maximum: BDT 20,00,000
  • Loan Tenure: Minimum 1 Year & Maximum 5 Year.

Eligibility

  • Minimum Income: BDT 30,000
  • Minimum Experience: 1 Year.
  • Age Requirement: 21 Years to 65 Years.

BRAC Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac.

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 2% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.
  • Partial Payment Fee: 2% on partial amount.

Features

  • Loan amount BDT 01 Lac to BDT 20 Lacs.
  • No collateral or cash securities.
  • Flexible repayment Equal Monthly Installments (EMIs) over a period of 12 months to 60 months.

Eligibility

  • Minimum Income: BDT 30,000
  • Minimum Experience: 1 Year.
  • Age Requirement: 25 Years to 65 Years.
  • Confirmed Employee having minimum total work experience of 1 year.
  • Businessman: Minimum 3 years of Business experience in the same business.

Dutch-Bangla Bank

Interest Rate

8%

Processing Fee

.75%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Loan amount BDT 01 Lac to BDT 20 Lacs.
  • No collateral or cash securities.
  • Flexible repayment Equal Monthly Installments (EMIs) over a period of 12 months to 60 months.

Eligibility

  • Minimum Income: BDT 30,000
  • Minimum Experience: 1 Year.
  • Age Requirement: 21 Years to 60 Years.
  • Confirmed Employee having minimum total work experience of 1 year.

Eastern Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Loan Amount: BDT 100,000 to BDT 2,000,000 or up to 20 times.
  • Repayment tenure of 12 months to 60 months.
  • Competitive interest rate.
  • One personal guarantor needed.
  • No hidden charges.
  • Early full and partial settlement allowed.

Eligibility

  • BDT 25000/= for Salaried Executives (Govt. & Non-Govt.)
  • BDT 30000/= for Self-employed professionals/Landlords.
  • Salaried Executive: Minimum 1 year, 6 month with present employers.
  • Self-employed Professionals: Minimum 1 year practice in the respective profession.

Mutual Trust Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Loan amount BDT 01 Lac to BDT 20 Lacs.
  • No collateral or cash securities.
  • Flexible repayment Equal Monthly Installments (EMIs) over a period of 12 months to 60 months.

Eligibility

  • Minimum Income: BDT 30,000
  • Minimum Experience: 1 Year.
  • Age Requirement: 21 Years to 60 Years.
  • Confirmed Employee having minimum total work experience of 1 year.

Bank Asia

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Penal Interest: 2% per month on overdue amount.
  • Processing fees: 1% of the loan amount.
  • Partial / Final payments: 1% on repayment amount.

Features

  • Loan amount: minimum Tk. 50,000.00 to Maximum Tk. 2,000,000.00
  • Repayment tenure: maximum 5 year.
  • Only a spouse is allowed as a joint applicant.
  • Re-payment method: Equal Monthly Installments.
  • No hidden cost.

Eligibility

  • Age limit: Minimum 23 year, Maximum 65 year at loan maturity.
  • Minimum income Tk. 25,000.00 per month.

Modhumoti Bank

Interest Rate

9%

Processing Fee

2%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Loan amount BDT 01 Lac to BDT 20 Lacs.
  • Automatic realization of monthly installment.
  • Loan takeover facility from other Banks.
  • Top-up facilities after paying 6 EMIs of existing loan on a regular basis.
  • No hidden charges.

Eligibility

  • For salaried applicant Tk. 25,000/-
  • For businessmen and self-employed applicant Tk. 30,000/-
  • Salaried Executives: Minimum 1 year of experience with 6 months permanent employment with present employer.
  • Professionals: Minimum 1 year of practice experience in the profession.

Midland Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Loan Amount ranges from BDT 50,000 to BDT 1,000,000 (or 10 times of Gross Monthly Income, whichever is lower)
  • Repayment tenure of 12 months to 60 months.
  • Competitive interest rate.
  • Early full settlement and partial settlement allowed.
  • Quick loan processing.
  • No hidden charges.

Eligibility

  • Govt. Employees: Minimum BDT 18,000 per Month.
  • Salaried Exec. : Minimum BDT 25,000 per Month.
  • Professionals/Businessperson: Minimum BDT 30,000 per Month.
  • Salaried Executives: Minimum 2 years’ experience with 6 months employment with present employer.
  • Businessperson: Minimum 2 years of involvement in business.
  • Age: Minimum: 21 Years & Maximum: 62 years.

Prime Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Maximum loan amount BDT 20 Lac.
  • Loan repayment with Equal Monthly Installment (EMI)
  • Life insurance facility.
  • Takeover facility with Zero processing fees.
  • Convenience loan processing (Time & Location)

Eligibility

  • Govt. Employees: Minimum BDT 20,000 per Month.
  • Salaried Exec. : Minimum BDT 30,000 per Month.
  • Professionals/Businessperson: Minimum BDT 30,000 per Month.
  • Age: Minimum: 22 & Maximum: 65 or retirement age.
  • Personal Guarantor: Minimum: 01

One Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Any creditworthy individual having age between 21 to 65 years or retirement age whichever is earlier at loan maturity.
  • Loan amount ranges from BDT 50,000/- to BDT 20, 00,000/-
  • Repayment tenure: Up to 60 months.
  • No processing fee for loan takeover from other banks/financial institutions.

Eligibility

  • Salaried Executives: Minimum BDT 25,000/-
  • Professionals, Business Individuals & Landlord: Minimum BDT 50,000/-
  • Salaried Executives: Regular/Permanent employee with minimum 1 year of total experience.
  • Professionals: Minimum 2 years of practice in the respective profession.
  • Business Individuals & Landlord: Minimum 2 years in present line of business.

United Commercial Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Maximum loan amount of up to BDT 20 Lacs.
  • Convenient loan repayment tenure of up to 5 years.
  • Completely unsecured loan, no cash securities or any other collateral required.
  • Attractive interest rate and fees.
  • No hidden charges.
  • Fast approval process.
  • Loan top up and take over facility.

Eligibility

  • Applicant must have a minimum income of:
  • Salaried customers: BDT 25,000
  • Doctors: BDT 35,00
  • Self-employed customers: BDT 40,000
  • Businessmen: BDT 45,000
  • Loan applicant must be at least 21 years of age.

Premier Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: 1% of the outstanding amount.
  • Early Settlement Fee: 2% of the loan outstanding.

Features

  • Maximum loan amount of up to BDT 20 Lacs.
  • Convenient loan repayment tenure of up to 5 years.
  • Completely unsecured loan, no cash securities or any other collateral required.
  • Attractive interest rate and fees.
  • No hidden charges.

Eligibility

  • Govt. Employees: Minimum BDT 20,000 per Month.
  • Salaried Exec. : Minimum BDT 30,000 per Month.
  • Professionals/Businessperson: Minimum BDT 30,000 per Month.
  • Age: Minimum: 22 & Maximum: 65 or retirement age.
  • Personal Guarantor: Minimum: 01

Southeast Bank

Interest Rate

9%

Processing Fee

1%

Loan Amount

20 Lac

Loan Duration

5 Year

Fees & Charges

  • Processing Fee: .50% of the approved loan amount
  • Early Adjustment Fee: 2% of outstanding amount

Features

  • Repayment tenure: Up to 60 months.
  • Maximum loan amount of up to BDT 20 Lacs.
  • Attractive interest rate and fees.
  • No hidden charges.

Eligibility

  • Govt. Employees: Minimum BDT 25,000 per Month.
  • Salaried Exec. : Minimum BDT 30,000 per Month.
  • Professionals/Businessperson: Minimum BDT 30,000 per Month.
  • Age: Minimum: 22 & Maximum: 65 or retirement age.