Purpose

• Purchasing new or used apartment(s) or ready-made house
• Constructing new house(s)
• Renovation of existing Building or Apartment(s)
• Taking over of House Building Loans from other Banks / Non-Bank Financial Institutions.

Eligibility

• Any Resident/Non-resident Bangladeshi

Loan Limit

• From 5.00 Lac to 2.00 Crore

Tenure

• Maximum 25 years

Grace Period

• Up to 12 months

Age Limit

• Minimum 21 Years. Maximum 65 years at the time of loan maturity.  However, property owner or main applicant age may be higher than 65 years at the time of loan application.

Loan-Equity Ratio

• 70 : 30 

Customer Segment

Salaried Person

Employees of Govt./Autonomous Bodies/Banking or Non-banking Financial Institution/ Public Limited Company/Private Limited Company having Corporate Structure/Multinational Company/ Teachers of any school/ college/University

Professional/Self-employed

Doctors/Engineer/Accountant/IT Professional/Management Consultant/Landlord/ Landlady

Businessman

Businessman having at least 3 years of length of business

GENERAL DOCUMENTS

• 2 copies studio print Photographs of all borrowers (applicant, co-applicants)
• NID of all applicant & co-applicants
• TIN of all applicant & co-applicants
• Utility bill copy of present residence
• Bank A/C  & Credit card Statement for the last 1 Year
• Loan Details (if applicable) (Sanction Letter & Repayment  Statement for 1 year)
• LOI from employer / Salary Certificate with pay slip (For salaried customer)
• Up to date trade license for business person (3 years)
• MOA, AOA, Incorporation certificate, Form-XII etc. (For limited company)
• Audit reports/ Commencement of business (For limited company)  
• Partnership deed (For partnership business)
• Title deed copy of rented property (if rental income claimed)
• Rental deed ( if claimed)
• Professional certificate for professionals
• Valid Plan with approval letter from competent authority
• Estimated cost for construction/renovation/modification prepared by Engineer

COMMON LEGAL DOCUMENTS

• CS, SA, RS & BS khatian
• Copy of Title Deed
• All related Bia Deeds
• DCR & Certified copy of Mutation Khatian
• All up to date Khazna receipt
• Up to date Holding Tax paid receipt
• Approved Plan with approval letter
• Mouza Map
• Possesstion handover letter (For Leasehold Property)
• Sale permission from respective authority (For Leasehold Property)
• Dhaka City Jorip Khatian (in case of Dhaka)
• Up to date Non Encumbrance Certificate (NEC)

ADDITIONAL LEGAL DOCUMENTS (In case of FLAT purchase)

• Deed of Agreement (between Purchaser & Developer / Seller)
• Deed of Agreement (between Developer & Landowners)
• Registered Power of Attorney Deed (between Land Owner & developer)
• Acceptance of power of attorney by respective authority (for leasehold property)
• Sale Deed / Allotment letter
• Copy of Payment receipt