UCB Advanced against Salary Loan

UCB Advanced against Salary Loan

An attractive package without any Early settlement fees.

Key Product Features

Interest Rate 11.00%
যেকোন গ্রহণযোগ্য উদ্দেশ্যে নেয়া লোন সুবিধার একটি প্যাকেজ।
Min. financing Amount BDT 100 000
Max. financing Amount BDT 1 000 000
Min. loan tenure 1 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration 10 days

Fees and Charges

One time set-up Penalties
Processing fee
1%

Stamp duty
1% of loan amount service charge and Stamp duty at actual.
Early Settlement
No fees.

Late Payment Charges
2%

Eligibility

Age requirement
Age 21 - 60

Min Income requirement
BDT 20 000

Employment Eligibility
Salaried Employee
Self Employed

Other requirements


Need to open linked bank account?
Yes

UCB Advanced against Salary Loan

  1. Terms and Conditions
    For salaried individual, minimum total service length of 2 years and Govt. employees must be confirmed on job.
  2. What will it cost you and how will you be charged?
    Processing fee is 1%. Service charge is 1% of loan amount and Stamp duty at actual.
  3. How long will the application take and what documentations are required?
    It will take 10 days after submitting loan application. Documents: Salary certificate, Bank statement of last 6 months, Copy of Utility bill, Copy of National ID card, 2 copy PP size photographs.
  4. Can you apply if you have a bad CIB Credit Record?
    No