Trust Bank Salary Loan

Trust Bank Salary Loan

A Very Flexible Package With Only 11.5% Interest Rate

Key Product Features

Interest Rate 11.50%
Only salaried individuals are applicable to grant this loan.
Min. financing Amount BDT 50 000
Max. financing Amount BDT 1 000 000
Min. loan tenure 1 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration Trust Bank will take maximum 10 working days to review and approve your loan request after submission of loan application.

Fees and Charges

One time set-up Penalties
Processing fee
1% on approved loan amount.

Stamp duty
At actual
Early Settlement
1% on rest amount.

Late Payment Charges
1% on overdue amount.

Eligibility

Age requirement
Age 22 - 63

Min Income requirement
BDT 20 000

Employment Eligibility
Salaried Employee
Self Employed

Other requirements


Need to open linked bank account?
Yes

Trust Bank Salary Loan

  1. Terms and Conditions
    #Eligibility & Experience: Salaried: Must be a confirmed employee having 3 years of experience; Govt. Employees: Minimum 1 year starting from the joining date; Businessperson or other professionals : 3 years.
  2. What will it cost you and how will you be charged?
    Trust Bank will charge 1% service charge while processing this loan.
  3. How long will the application take and what documentations are required?
    #Loan Request Approval Time : Trust Bank will take 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 : 1. 2 copies PP size photograph of the applicant. 2. Last 6 month Bank statements. 3. Last salary slip/Letter of introduction. 4. Proof of identity and residence. 5. Proof of employment of minimum 1 year. 6. Latest TIN Certificate.
  4. 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.