EBL Executive Loan

EBL Executive Loan

A very attractive and flexible package having 1% processing fee and one guarantor.

Key Product Features

Interest Rate 10.50%
Applicable to salaried individuals, not applicable to businessmen.
Min. financing Amount BDT 100 000
Max. financing Amount BDT 1 000 000
Min. loan tenure 1 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration 10 days

Fees and Charges

One time set-up Penalties
Processing fee
1% or BDT 1000 whichever is greater.

Stamp duty
N/A
Early Settlement
2%

Late Payment Charges
3%

Eligibility

Age requirement
Age 22 - 60

Min Income requirement
BDT 20 000

Employment Eligibility
Salaried Employee

Other requirements


Need to open linked bank account?
Yes

EBL Executive Loan

  1. Terms and Conditions
    #Age Limit : For salaried employee 60 years & for others 65 years. #Income Requirement : For salaried employee minimum income BDT 20,000 & for businessmen minimum income BDT 30,000 #Joint application accepted. #Partial payment fee : 2%
  2. What will it cost you and how will you be charged?
    Processing fee 1% or BDT 1000 whichever is highest
  3. How long will the application take and what documentations are required?
    #Salary Certificate. #Income Statements #KYC #National Identification Cards #Bank Statement for last 6 months #Debt Equity Ratio : 70 : 30
  4. Can you apply if you have a bad CIB Credit Record?
    No