Advanced Against Salary Loan

Purpose:
To meet the financial need of any acceptable purpose.

Customer Segment:
Employees of reputed Multinational Companies and large local corporate. Employees of medium sized or mid-range local companies such as reputed schools & colleges, pathology labs, hospitals, restaurants, hotels, newspapers, airlines, real-estate developers of repute, insurance & leasing companies, NGOs, aid agencies, UN bodies, reputed trading firms and business establishments and all other salaried employees including employees of Government, Semi-government & Autonomous bodies.

Age Limit:

  • Minimum 21 years
  • Maximum 65 years at the time of loan maturity.

Minimum Income: TK .10,000 for salaried individuals.

Loan Limit: BDT- 10, 00,000

Minimum Service length:

  • For salaried individual, minimum total service length of 2 years
  • Govt. employees must be confirmed on job

Maximum Term of Loan: 05 (Five) years

Service charges: 1% of Loan amount VAT as per Govt. regulations

Early settlement/Partial Payment: Allowed any time without any charges