United Commercial Bank (UCB) Home Loan

United Commercial Bank (UCB) Home Loan

A Very Attractive Home Loan Package With No Early Settlement Fee

Key Product Features

Interest Rate 9.50%
Maximum loan amount is limited to BDT 1 crore.
Interest Type Floating (Variable) Interest
Lock-in Period 1 year/s
Max. loan tenure 10 year/s
Islamic / Conventional Conventional
Approval duration 10-15 Working Days

Fees and Charges

One time set-up Penalties
Processing fee

Service Charge
Below 10 lac 1.50% & above 10 lac 1.00% on loan amount
Early Settlement
No Fee

Late Payment Charges
2% on Overdue Amount
Documentation Fees
No fee

Property Valuation Charge
At Actual
Property Mortgage Charge
At Actual


Age requirement
Age 25 - 65

Min Income requirement
BDT25 000 gross per month

Documentation Requirements
See Other Requirements

Number of Guarantor

Employment Eligibility
See Other Requirements

Other requirements

  • Maximum Available Loan Amount is 70%
  • Lock-in Period 6 Months
  • Minimum Income: BDT 25,000 for Salaried Individuals and BDT 50, 000 for Businessmen
  • Employment Eligibility: Any Bangladeshi (Singly or jointly with other co-owners/co-borrowers e.g. spouse/son). Employees of Govt./ Semi Govt./ Autonomous body, Employees of financial institution Employees of different Public Limited Company/ Private Limited company having Corporate Structure, Teachers of any school/ college/ university, Doctor, Engineer, Accountants, Businessman (having two years of experience both salaried individual and businessman), Landlord having significant rent income.
  • Documentation Requirements:
  • Common Documents for all:
    1. Recent passport size color photographs of applicant(s) and guarantor(s).
    2. Photocopy of NID/passport/ driving license of applicant(s) and guarantor(s).
    3. Copy of latest utility bill (gas/water/electricity/municipal tax).
    4. Business card/office ID copy of applicant(s) and guarantor(s) if any.
    5. Latest tax certificate/E-TIN.
    6. Personal net worth statements of applicant(s) and guarantor(s).
    7. Bank statement of last 12 months for businessmen and 6 months for other categories.
    8. Rent or lease agreement of house/property (if applicable)
    9. Professional certificate issued by concerned institution
  • Additional documents required for Salaried Person/Self Employed:  
  • Salary Certificate/ Letter of Introduction.
  • Offer letter/Release letter from previous employer to prove service experience.
  • Professional certificate issued by concerned institution.
  • Additional documents required for Businessmen:
    1. Copy of trade license.
    2. Memorandum of Association and Articles of Association of the company.
    3. Certificate of Incorporation.
    4. Latest form xii.
    5. Partnership deed.