Credit limit of up to 90% of FD and 75% of WEDB for a maximum tenor of up to 12 months, with flexibility of repayment
from minimum limit of BDT 100,000 to a maximum limit of BDT 85,000,000
interest accrued only on the amount and period of utilization
flexibility of repayment at any time, before expiry of facility, subject to no overdraw of limit
Continue to earn interest on the underlying FD or WEDB throughout the tenor
Enjoy attractive rate of interest
Easy documention processes
Quarterly and/or Bullet payment can be made on or before expiry
For both salaried/businessman customers the following are needed
For Loan Amount up to Tk. 50 lac: 0.5% of the disbursed loan amount or Tk. 10,000 whichever is lower
For Loan Amount > Tk. 50 Lac: 0.3% of disbursed loan amount or Tk. 15,000 whichever is lower
Any outstanding amount and charges must be paid off by the expiry date. If the outstanding amount is not paid off within 45 days from expiry the FD/WEDB shall be encashed to settle the loan and any excess will be credited to your account.
This information is neither an offer to sell, purchase or subscribe nor a solicitation of such an offer. This information is general and does not take into account a person’s individual circumstances, objectives or needs. Please visit any of our branches or contact your relationship manager to make an appointment.
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