Overview

Loan for Professionals is a personal loan scheme designed for professionals (doctors, engineers, architects, Management consultants, IT professionals etc.) to support their small scale purchase of different equipment, tools and small machinery for installation at their business sites / offices.

Customer Segment

Any Bangladeshi in the following professions as self employed or salaried people: 

  • Doctors or medical professionals
  • Engineers
  • Architects
  • IT professionals
  • Management Consultants etc.

Eligibility:

  • Age limit: Minimum 25 year, Maximum 65 year at loan maturity
  • Minimum income BDT 25,000 per month
  • Service length / Experience: Self employed individual having private practice record of minimum 2 (two) year

Loan Features:

  • Loan amount BDT 100,000 to Maximum BDT 10,00,000
  • Repayment tenure maximum 5 year
  • Payment method- Equal Monthly Installments.
  • Competitive interest rates
  • No hidden cost.

Charges & Fees

  • Penal charge: 2% on overdue amount for each month or BDT 100/- whichever is higher
  • Processing  fee : 0.50% but not exceeding Tk. 15,000
  • Stamp Charges: All relevant stamp charges will be borne by the borrower
  • Partial / Final prepayment: 0.50% on prepayment amount.
  • Expenses of insurance premium, CPV & CIB: Expense incurred for this purpose to be borne by applicant at actual