
EBL Assure Loan
A Loan Package having life insurance coverage.
Key Product Features
Interest Rate |
10.50% EBL Assure Loan is an any purpose loan which provides Insurance facility. |
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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 | EBL will take approximately 10 working days to review and approve your loan request. |
Fees and Charges
One time set-up | Penalties |
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Processing fee 0.5% of the approved loan amount. Stamp duty At Actual |
Early Settlement 2% on overdue amount. Late Payment Charges 3% on overdue amount. |
Eligibility
Age requirement
Age 22 - 60
Min Income requirement
BDT 20 000
Employment Eligibility
Salaried Employee
Self Employed
Need to open linked bank account?
Yes
Age 22 - 60
Min Income requirement
BDT 20 000
Employment Eligibility
Salaried Employee
Self Employed
Other requirements
Need to open linked bank account?
Yes
EBL Assure Loan
- 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% - What will it cost you and how will you be charged?
Processing fee 1% or BDT 1000 whichever is higher - How long will the application take and what documentations are required?
*. National Identity or Passport copy. *. Recent color Photograph-2 copies. *. Business card / Office ID. *. Latest TIN certificate (not more than 2 years old). *. Salary Certificate/ Letter of Introduction for Salaried Executive. *. BMDC/ Professional Certificate for Doctors/Self-employed Professionals. *. Latest (not more than 1month old during applying for the loan) 6 months Bank Statement for Salaried Executives and 12 months for Self-employed Professionals/Landlords. *. Having existing loan facility, sanction letters along with account statements reflecting 6/12 months loan installments. *. Rent or Lease Agreement along with property ownership documents (if applicable). - Can you apply if you have a bad CIB Credit Record?
No, your application won't be approved if you have bad CIN Credit Record.