DBBL Home Loan
DBBL home loan is a Very Interest Package With Only 1% Processing Fee or BDT 3000
Key Product Features
A Very Interest Package With Only 1% Processing Fee or BDT 3000. 9% for renovation purpose.
|Interest Type||Floating (Variable) Interest|
|Lock-in Period||1 year/s|
|Max. loan tenure||25 year/s|
|Islamic / Conventional||Conventional|
|Approval duration||Minimum 1 Month|
Fees and Charges
|One time set-up||Penalties|
Late Payment Charges
Property Valuation Charge
0.05 % of Property Valuation.
Property Mortgage Charge
BDT 4,000 to BDT 5,000
Age 22 - 65
Min Income requirement
BDT25 000 gross per month
See Other Requirements
Number of Guarantor
Corporate Client, Individual Client (ie. business person and others), Executives of Multinational Company, Executives of Bank / Non Financial Institution, Doctor/Engineer/Chartered Accountants/Defense Officers/Teaching Staff of Reputed Institution).
1. Lock-in Period: 6 Months
2. Minimum Income Income Requirement:
For Professionals and Salaried Person: BDT 30,000.
For Businessmen: BDT 30,000.
3. Insurance Facility: Yes
4. Financing for Registration Cost: No Fee
5. Can I Avail Municipality Holding Tax: Yes
6. Can I Avail Income Tax Rebate: Yes
7. Maximum Loan Amount: BDT 1,20,00,000 For Flat purchasing and BDT 3,00,00,000 for Renovation & Construction.
8. Maximum Tenure:
New Flat: 25 Years,
Old Flat 20: Years
Renovation: 15 Years
9. Maximum Available Loan Amount: 75%
10. For construction building loan, Minimum 1 floor must be completed for getting approved.
11. Documentation Requirements:
- Mortgage and original title deed
- Irrevocable General Power of Attorney (IGPA)
- Common Documents:
- Latest 1 year personal bank statement Latest Tax Clearance Certificate (where applicable) - Photocopy of National ID Card / Passport - Allotment Letter/ Allotment Agreement/ Bayna Deed for Home Loan - Registered ownership deed for Home Credit / Take Over Loan - Price quotation for Home Credit Loan
- Salaried Individuals:
- Letter of Introduction (LOI) Latest 01year salary account statement
- Businessmen: Trade License for last 3 years Latest 1 year bank statement of the company Registered partnership deed for partnership company MOA+ Certificate of Incorporation+ Latest Schedule X for Private Limited Company
- Certificate of membership of respective professional association Declaration on self-pad along with seal Certificate of a professional degree
- Land Lord:
- Registered ownership deed Rental deed Copy of any utility bill (Electricity/ Water/Gas)