SECURED LOAN
FACILITY TYPES:Secured Overdraft: Renewable overdraft facilitySecured Term Loan: EMI based loan facility up to 5 yearsSecured Loan Bullet Payment: Terminating bullet payment facility (Customer only have to pay interest against the availing facility through round the facility tenor) for 1 year.FEATURES
- Loan is available against other bank’s FDR
- 90% of loan amount against Community Bank’s FDR and/or DPS’s current face value
- Repayment mode: EMI based and Bullet Payment mode for term loans
- Minimum age of the borrower is 18 years
- Competitive interest rate
- Loan processing fee is BDT 1,000 only (Loan against Community Bank deposits)
