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Cottage Loan
Purpose
For individual to build up or construct of semi-pucca building of 2 types along with pure drinking water facility:
- Foundation up to plinth level, pucca floor, brick wall, roof of corrugated iron sheet/tiles, or
- Foundation up to plinth level, pucca floor, corrugated iron sheet fencing, root of corrugated iron sheet/tiles.
Loan limit
Up to 70% of the total cost of semi-pucca/ corrugated iron sheet fencing construction and pucca floor space along with pure drinking water facility/tube-well will be inclusive in the project cost. However total loan amount shall not exceed Tk. 10 lac in any case.
Nationality
Bangladeshi
Age limit
From 21 years to 60 Years
Note: Age bar may be relaxed/waved by the Managing Director & CEO of the Bank on acceptable grounds.
Loan Processing Fee
0.50% of the loan amount plus 15% VAT on the processing fees.
Interest rate
Interest Rate
Repayment Method
Equated monthly installment.
Other fees & Charges
As per policy and scheduled charges of our Bank.
Tenure of the loan
Up to 7 Years.
Deposits
Current Deposit Account
Savings Bank Account
Special Noticed Deposit Account
Fixed Deposit Account
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Mashik Sanchaya Prokalpa
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