
UCB Advanced Against Salary Loan
An attractive package without any Early settlement fees.
Key Product Features
Interest Rate |
11.00% No early settlement fee on the loan amount. |
---|---|
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 | United Commercial Bank will take approximately 10 working days to review and approve your loan request. |
Fees and Charges
One time set-up | Penalties |
---|---|
Processing fee 1% on approved loan amount. Stamp duty 1% of loan amount service charge and Stamp duty at actual. |
Early Settlement No fees. Late Payment Charges 2% on overdue amount. |
Eligibility
Age requirement
Age 21 - 60
Min Income requirement
BDT 20 000
Employment Eligibility
Salaried Employee
Self Employed
Need to open linked bank account?
Yes
Age 21 - 60
Min Income requirement
BDT 20 000
Employment Eligibility
Salaried Employee
Self Employed
Other requirements
Need to open linked bank account?
Yes
UCB Advanced Against Salary Loan
- Terms and Conditions
For salaried individual, minimum total service length of 2 years and Govt. employees must be confirmed on job. - What will it cost you and how will you be charged?
#United Commercial Bank will charge the following fees while processing this loan : #Processing fee is 1%. #Service charge is 1% of the loan amount and Stamp duty at actual. - How long will the application take and what documentations are required?
#Loan Request Approval Time : United Commercial Bank will take approximately 10 working days to review and approve your loan request after submission of loan application. #Required Documents: You need the following documents to be approved to get this loan : *. Copy of National Id card of the applicant. *. Copy of TIN certificate. *. 2 copy PP size photographs of the applicant. *. Photocopy of bank statement of last 1 year. *. Relevant documents that substantiate applicant’s professional activity. - Can you apply if you have a bad CIB Credit Record?
No, your application won't be approved if you have bad CIB Credit Record.