Trust Bank Limited Apon Nibash Loan

Trust Bank Limited Apon Nibash Loan

A Very Attractive Home Loan Package With Only 9% Interest Rate

Key Product Features

Interest Rate 9.00%
Maximum loan limit facility is BDT 1,50,00,000.
Interest Type Floating (Variable) Interest
Lock-in Period 1 year/s
Max. loan tenure 25 year/s
Islamic / Conventional Conventional
Approval duration 7-10 Working Days

Fees and Charges

One time set-up Penalties
Processing fee
1%

Service Charge
No Charge
Early Settlement
2% of the Outstanding Amount

Late Payment Charges
BDT 200
Documentation Fees
No Fee

Property Valuation Charge
At Actual
Property Mortgage Charge
At Actual

Eligibility

Age requirement
Age 25 - 65

Min Income requirement
BDT60 000 gross per month

Documentation Requirements
See Other Requirements

Number of Guarantor
1 (Spouse), But if Spouse Jointly Take The Loan, Then No Need of Any Guarantor.

Employment Eligibility
Salaried Personnel, Self employed Professional, Business Person, Landlord/ Landlady.

Other requirements


  • Age of the property: Max. 20 years old at the time of underwriting. Age of the property should not more than 40 years at the end of the loan tenure.
  • Age: 
    Min. 25 Years at the time of Loan Application

    Max. 65 years or Up to retirement age (whichever is Lower) at the end of Loan Tenure.

  • Minimum Down Payment:
    30%  (House/ apartment Purchase)
    40% (Construction of New House)
  • Maximum Available Loan Amount is 80%
  • Lock-in Period: 6 Months
  • No Partial Payment Fee
  • Insurance Coverage: Only for under-construction building

Documents Required:

  • Letter of Introduction (Original Copy) as per TBL Format (for Salaried Personnel)
  • Certificates of Professional Expertise/ Qualification (such as MBBS & BMDC Certificate for Doctors) from concerned institution/ authority  for Self-Employed Professionals
  • Trade License, MOA, Certified Copy of Form XII (Particulars of Directors) from RJSC , Certified Copy of Schedule X (List of Share Holders) of the Public / Private Limited Company for Business Person
  • Ownership of the rented Property in the name of the Owner of the rented property for Landlord / Landlady

 

  • Up to date (not more than 30 days old) Bank Statement
  • Copy of National ID Card/ Valid Passport
  • Latest TIN Certificate or Income Tax Return Acknowledgement Slip Colored Photo (2 Copy)
  • Colored Photograph (Passport Size)

 

  • Registered mortgage of the concerned property
  •  Registered IGPA to sell/ foreclosure of the mortgaged property without intervention of
    • the court; One undated Cheque for the full Loan Amount & Post dated  cheques  
    • covering each installment for the number of Total Installments 
  • Charge Documents (as per Bank’s policy)
  • Others documents as necessary / applicable