A personal loan scheme that supports purchase of various consumer durable such as Television, Refrigerator, Air Conditioner,
Washing Machine, Computers, other household furniture etc.
Features:
To purchase Consumer Durables for personal/ family use.
Loan Amount: 30% of item price but upto Tk.3.00 Lac.
Flexible repayment (EMI) of 24 to 36 months.
Compititive Interest Rate.
Processing Fee: 0.50% of the loan amount but not more than TK.15,000/- plus VAT.
No Hidden Charge.
Easy documentation & quick processing.
Option for early & partial settlement.
Partial Settlement Fee: @0.25% but maximum Tk.10,000/- plus VAT.
Early Settlement Fee: @0.50% on outstanding amount plus VAT.
Eligibility:
Any Bangladeshi individual who has the means and capacity to repay bank loan. In specific terms, these could be salaried executives of multinational and middle to large size local corporate, Government officials, Officials working in reputed NGOs (Non Government Organizations).
Minimum net income Tk.3,000/- per month and should be at least 2 (Two) times of monthly installment including installments of other loans (if any).
Age: Minimum 21 years & maximum 65 years at the time of maturity of the loan.
Required Documents:
Copy of National ID of Applicant & Guarantor(s).
3 Copies of recent lab printed passport size photograph of applicant and guarantor(s).
Bank Statement of at least 06 months.
Quotation of the item to be purchased.
For salaried person, salary certificate & letter of introduction from competent authority.
For businessman/ self-employed person, trade license & other related papers.
Bank may request for any other relevant documents, if necessary.
Security:
Hypothecation over purchased assets.
Required No’s of fully prepared post dated & valid signed MICR cheques of our Bank with Memorandum of Deposit of cheques.
Authorization for debiting client’s account.
Personal Guarantee(s).
Please contact your nearest PB PLC. Branch/ Sub-Branch/ IBW countrywide, or directly contact
Tel.02-223381614 Ext. 380, 490, 47118710, 47118827; IP +88 09666821816 or e-mail us at [email protected]