Prime Bank Any Purpose Loan

Prime Bank Any Purpose Loan

A Very Attractive Package With Only .25% Processing Fee. You can take 14 times of basic salary or BDT 10,00,000 as loan for now during their official campaign.

Key Product Features

Interest Rate 11.00%
13% for businessmen.
Min. financing Amount BDT 300 000
Max. financing Amount BDT 1 000 000
Min. loan tenure 3 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration 15 to 20 working days.

Fees and Charges

One time set-up Penalties
Processing fee
.25%

Stamp duty
BDT 1200 to BDT 1500
Early Settlement
2% of the rest amount.

Late Payment Charges
N/A

Eligibility

Age requirement
Age 25 - 65

Min Income requirement
BDT 20 000

Employment Eligibility
Salaried Employee
Self Employed

Other requirements


Need to open linked bank account?
Yes

Prime Bank Any Purpose Loan

  1. Terms and Conditions
    At the end of the loan tenure, you must not exceed 65 years old. Opening of a linked bank account is compulsory.
  2. What will it cost you and how will you be charged?
    Processing fee is .25% to .50% depending on the customer segment. Besides that, stamp fee of 1200 to 1500 BDT may applicable for following purpose DP note (50 taka revenue stamp) Letter of Guarantee. Letter of Arrangement.
  3. How long will the application take and what documentations are required?
    Depending on the processing time for CIB report, it may take 15 to 20 working days. Following documents are required. One year bank statement. Trade license (if business owner) NID Photo Product cost voucher (for household durable loan)
  4. Can you apply if you have a bad CIB Credit Record?
    No