home loan in bangladesh Top 10 Bank

Make Your Dream Home a Reality

Make your dream home a reality with easy home loans from City Bank. Our wide range of options is designed to cater to your every home financing need, be it purchasing a new flat, constructing a house or renovating your existing home. Allow us to be the finance partner of one of the biggest investments of your lifetime and give you a delightful experience of banking. home loan in bangladesh

City Bank Home Loan

Loan amount : BDT 5 lac – BDT 2 Crore

Loan tenure : 1 – 25 years

Interest rate : Competitive

Overview

Features

Loan amount ranging from BDT 5 lac to BDT 200 lac
Repayment tenure 1 year to 25 years
Financing up to 70% of property value
Semi-pucca financing facility
Financing to Non Resident Bangladeshi (NRB)
Home loan with overdraft (OD) facility
No hidden cost
Early settlement facility
Loan across the country

Eligibility:

Age: 22 to 65 years

Experience: 3 years experience in respective field.

Income criteria:

BDT 50,000 and above
BDT 30,000 (Government officials only)

Required Documents:

Home Loan
Common Documents for all Segments
· Photocopy of NID/Smart card
· 3 copies of Passport size lab print photograph
· Business card/Office ID copy
· Latest E-TIN certificate or tax-payment slip
· Latest utility bill Copy
· Recent 02 passport size lab print photograph, NID, Office ID, Business Card etc. of Guarantor (if
any)
· Sanction letter and repayment statement of existing loans (if any)
Documents for Salaried Person
· Letter of Introduction (LOI)/Salary Certificate
· Pay-slip/ Salary Sheet/ Vouchers for last 6 months
· Bank Statement for last 6 months
Documents for Self-Employed/Professionals like Doctors, Engineers, Accountants, Architects etc.
· Self-income declaration on Professional Pad, Letter head etc.
· Bank Statement for last 1-year with professional income reflection
· Latest Professional Qualification/ Membership Certificate
Documents for Businessman
· Recent 3 years’ Trade License of business
· Registered Partnership Deed for Partnership concern
· MOA, Certificate of Incorporation, Schedule–X, Form–XII etc. for Limited Company
· Bank Statement of last 1-year for Business account and Personal account
· Company TIN, BIN, VAT certificate and Business card of company (if applicable)

Documents for Landlord/Land lady
· Self-declaration on rental income
· Copy of Rental deed
· Ownership document of rented property (ownership deed, mutation, land tax etc.)
· Bank Statement of last 1-year with rental reflection
Required Property document for Freehold Property
· Title/ Ownership Deed(s) of Land
· Baya Deed(s) for last 25 years
· Mutation Khatian along with DCR
· Up-to-date Land Tax Receipt
· Certified Khatian of Records (CS/ SA/ RS/ BS/ City Jorip khatian etc.)
· Up-to-date NEC/ EC
· Up-to-date Holding Tax Receipt
· Deed of Agreement for Flat/House Purchase [Between Purchaser & Seller]
· Payment/ Money Receipt of payments for Flat/House Purchase
· Joint Venture Agreement (for developer projects)
· Power of Attorney (for developer projects)
· Approved Layout Plan of Building
· Construction Permission of Building

Required Property document for Leasehold Property
· Lease Allotment Document of Land
· Lease Deed/ Ownership Deed of Landlord(s)
· Baya Deed of Lease Land for 25 years
· Mutation Permission Letter from concerned authority
· Mutation Proposal along with DCR
· Up-to-date Land Tax Receipt
· Up-to-date NEC/ EC
· Up-to-date Holding Tax Receipt
· Deed of Agreement [Between Purchaser & Seller] for Flat/House Purchase
· Payment/ Money Receipt of payments to Seller/Developer for Flat/House Purchase
· Joint Venture Agreement (for developer projects)
· Power of Attorney (for developer projects)
· Sale Permission Letter from concerned authority
· Power of Attorney Acceptance Letter from concerned authority
· Approved Layout Plan of Building
· Construction Permission of Building

Read More-–student loan Top Bank in BD

IFIC Aamar Bari

IFIC Aamar Bari home loan in bangladesh

If you dream of having your own house then IFIC AAMAR BARI is the perfect financial solution for you. This is an attractive loan facility for all credit worthy individuals of Bangladesh who wish to buy new or used the apartment/flat, mortgage their existing house/flat/apartment or construct/ renovate/ extend their existing flat/house, want to Purchase/Construct/Renovate semi-pacca house etc

Loan amount up toTk 2 Crore
Tenure : Salaried 25 years, Professional 20 years Maximum
No processing fee for loan takeover
Facility of premium overdraftup to 2 crore
Processing fee : Minimum 0.30 % of loan

Types of loan home loan in bangladesh

Home loan:to build or purchase new/used residential property ( House/ apartment/Flat/ Duplex/condominium )
Home credit:to re-construct /extension/renovation /modification within the existing approved plan of existing residential property
Semi-Pucca:maximum 50,00,000 ( Purchase /construction/renovation)
Take over:HBL takeover from other banks /NBFL

Required Documents

Initial Documents for submitting loan application:

2(two) copy passport size photographs of all intending borrowers.
Letter of introduction from employer (for salaried individuals).
Bank statement (for last 12 months)
All loan statement (last 12 months minimum) Credit card statement if any (last 6 month)
Salary Certificate/Trade License/ Professional certificate/ MOA/ Form XII etc
TIN Certificate copy Utility bill copy (last 6 months) for present address verification
National ID copy
Approved plan & plan approval letter from the concerned authority

EBL Home Loan

EBL Home Loan is a Term loan facility (EMI based) for credit worthy individuals for meeting the purpose of a sweet home. Bank would finance against monthly income of any credit worthy individual to meet accommodation needs. EBL is here with the ultimate solution for you. With so many attractive features in it – the home you wanted to buy, is no longer a distant dream.

Features : home loan in bangladesh

Home Loan for the purpose of
- Flat/Apartment Purchase / House for residence purpose
- Takeover of existing home loan from any bank / Financial institution
Loan amount: BDT 500,000 to BDT 20,000,000
Repayment tenure of up to 25 years
Loan to value:70% of the property value
Competitive interest rate
Early full and partial settlement allowed
Shortest loan processing time
Minimal documentations
No hidden charges

Eligibility: home loan in bangladesh

Age:

Minimum : 25 Years
Maximum : 65 years

Minimum Gross Monthly Income:

Salaried Executives: BDT 30,000
Professionals: BDT 40,000
Businessman/Land Lords: BDT 50,000

Length of Experience:

Salaried executives: Minimum 2 year experience with 6 months employment with present employer
Professionals: Minimum 3 years’ experience
Businessperson: Minimum 3 years involvement in business as per trade license.

Rupali Bank Home Loan

Government Employee House Building Loan

Overview

We offer you house building/flat loan to make your dreams come to true to be a owner of a building or flat as you desire. Home loan is treated as a term loan facility to construct a building or to purchase ready flat. You can avail this Home Loan with a flexible interest rate & tenor. Moreover, we want to make your life easier and fruitful.

Features

Loan Amount : Maximum BDT 75 lac
Loan Tenure : Maximum 20 years.
Repayment : Monthly installment will be paid by applicant through savings/salary account as per re-payment schedule.
Partial & Full Settlement : Facility available with no extra charge.
Grace Period : House building 02 (Two) Years and Flat purchase 01 (one) Year.
Debt Equity : 90:10 Security : The land & the proposed building/structure/flat will be mortgaged in favor of the bank.

Customer Segments

Permanent Govt. Employee of Bangladesh/ Permanent Judicial service holder can be apply Home loan(Residential)/Flat loan.
Maximum Age limit 58 Years.
Group member will be maximum 15.
Interest Rate 9% (Simple); Customer segment: Bank Rate (4%) & Govt. Subsidy (5%).
Home loan (Residential) for construction building (lone). Ready House purchase with land (lone). Home loan (Residential) construction building with land purchase (group), Home loan for construction building (group) and Ready Flat purchase loan

Charges and Fees : home loan in bangladesh

Charges : Legal fees, Mortgage deed & irrevocable power deed fees and other documentation fees/charges have to be paid by the Applicant (Actual).
Loan processing Fees : Loan Processing Fee not needed.

NRBC Bank Home Loan

NRBC Offers wide range of Home loan facilities covering

Financing against purchase of completed/under construction apartments
Financing against owned home construction, extension, decoration , renovation etc
Financing against Katcha-Pacca establishment
Financing against transfer of existing home loan balance to NRBC Bank

Features

NRBC Offers wide range of Home loan facilities covering

Financing Amount: 70% of property value with loan amount of maximum 1.20 crore
Financing Period: Flexible loan tenor with maximum 240 months
Application Criteria: Joint applicant required limited to family members’
Income Criteria: Minimum aggregated income of BDT 70,000/-

Benefits

NRBC Home Loan comes with following bunch of benefits

Tailored to fit all aspects of home loan requirements
Financing from foundation work of owned home construction
Customer can avail Top Up facilities of existing home loan
Income aggregation of co-applicant is allowed
No early settlement fee on maximum 25% of principal settlement
Minimal documentation and hassle-free quick loan processing

Processing Fee

Processing Fee: 1% of loan amount + VAT & Stamp cost
Penal Rate: 24% per annum on outstanding amount
Prepayment Fee: 1% on settled amount + VAT

Eligibility

Loan offered to diversified professionals including salaried individuals, businesspersons, practitioners and Landlords.

Salaried: Serving in any reputed organization
Businessperson : Having at least 3 years of experience in same business
Practitioners : Engaged in private practice with at least 3 years involvement in same profession
Landlords: Landlords with sufficient rental income from properties

Required Documents: home loan in bangladesh

Common for all segments:

Duly completed & signed application form
Photocopy of valid photo id (NID/Passport)
Passport sized recent photograph
Photocopy of Latest TIN certificate
Copy of Utility Bill of Residence Address
Sanction letter(s) of all other loan(s) (If any)
Ownership documents of the property
Letter of allotment/ byna Deed
Price/renovation quotation

Salaried Individual:

Letter of Introduction
Salary Certificate/Pay Slip
Last 6 (Six) months bank statement of salary account

Business Person:

Valid Trade License
Trade License of last 3 years
Last 12 months bank statement
Registered Partnership deed for partnership firm
Certificate of incorporation, schedule X and form XII for limited liability company
Memorandum & Article of Association for limited liability company
Copy of Utility Bill of Business Address

Private Practice:

Copy of Certificate of professional degree
Copy of Membership Certificate with respective professional association
Last 12 months bank statement

Landlord

Rental Agreement
Proof of property ownership
Last 12 months bank statement

MTB Home Loan

Planning to own a home is one of life’s most rewarding challenges. Whether it is purchasing a new house or a new apartment, MTB has a wide range of home loan options that can be customized to your specific need. An experienced, dedicated team of experts and a complete loan package is in place, to meet all your housing finance needs. MTB Home Loan helps you fulfill your dream.

Features: home loan in bangladesh

Loan for residential apartment/house purchase
Loan amounts from BDT 5,00,000 to BDT 2,00,00,000
Loan tenor from 1 to 25 years
Loan amount up to 70% of the property value
Aggregation of co-applicant’s income
Competitive interest rate
Quick and simple processing and approval time
Loan for apartment under construction
Partial or early settlement options available

Eligibility:

Any financially able person
Min: 25 years
Max: 70 years or retirement age whichever is earlier at the home loan maturity date.
For 100% cash covered loan: Minimum 21 years, Maximum 70 years. (It is applicable for both applicable for both applicant and co-applicant)
Minimum Income Range:
- Minimum BDT 25,000 for Government staff
- Minimum BDT 40,000 for salaried person
- Minimum BDT 50,000 for Self-employed
- Minimum BDT 50,000 for Businessperson/Land lord/Land lady/other income individuals
Experience:
- Salaried person : 3 year with 6 months permanent employment status
- Self employed : 3 year of practice in the profession
- Businessperson : 3 years of involvement in the same nature of business

Loan Takeover Plan:

An exclusive offer for other bank’s credit worthy customers who can now transfer their outstanding Home Loan to MTB with special privileges.

Eligibility:

Minimum 12 months loan EMI repayment history with existing bank
Property location and other eligibility criteria of general loan are applicable

Benefits Of Takeover Plan: home loan in bangladesh

Additional loan amount facility over takeover amount
No processing fee for takeover loan amount

Required Documents:

Loan application
Applicant’s National ID/Driving License/Passport copy
Photographs of applicants (studio photo)
Salary certificate for salaried person
Trade license for businessperson
Personal and business account statement for last one year
Applicant’s TIN certificate
Copies of all existing loans’ sanction letter and repayment history for last one year
Rental deed for rental income and ownership deed of rented property
Apartment allotment letter/Deed of agreement/property ownership deed
Other all property related documents’ copy

AB Bank Home Loan

Purpose

Purchase of Apartment/independent house with in the Municipal areas of cities, not more than 15 years old.
Construction of old/new house.
Renovation of house.
Loan take over facility from other banks.

Loan Ceiling

70% of the value of the apartment /construction cost subject to Maximum TK. 2.00 Cr.

Fees :

Application fee: Free
Processing fee: Loan Limit up to Tk.50.00 lac @0.50% but not over Tk.15,000.
Loan Limit above Tk.50.00 lac @0.30% but not over Tk.20,000.
Tenor : Maximum 20 Years
Rate of Interest: Attractive interest rate (For Details Please Visit)

Insurance Coverage:

Property insurance for Earthquake and Fire. · Life insurance (optional).
Security: Registered mortgage of property along with registered IGPA to sell the property.

Guarantee: No guarantee.

Premier bank Home Loan

My First Home
• Purchasing dwelling for Residential purpose
• Apartments under construction are also applicable for New Home facility
Home Construction Loan
• To construct residential buildings
• House Construction Loan will be 70% of the total estimated cost of the construction or the maximum amount of loan assessed based on customers’ creditworthiness as per Premier Bank’s credit policy, whichever is lower
• Disbursement will be made into different phases
Takeover Loan
• Consolidation of existing housings/structures
• Home/House renovation loan
• Any other loan from any schedule Bank’s / Financial institutions to PBL
• All loan consolidation will be under existing or new home loan
• Consolidation of Personal loan, Auto loan, Credit Card
Interior & Exterior Loan
• Extending loan facilities for different purposes
• House extension
• House Renovation
• Face uplifting
My Next Home
• This is a solution to buy apartments from uncategorized developer under TPA
• Offering his/her existing unencumbered property as a registered mortgage

Home Line of Credit (HLC)
• Home Line of Credit is the overdraft facility for the existing home loan customers of Premier Bank Limited in combination with the existing home loan
• HLC can be topped up based on the performance of the loan and a percentage of the total installment paid
• New Home Loan applicant may also avail HLC up to max Tk. 10 Lac or where in the permissible Home Loan will be segregated in to Home + HLC
Interest Only Home Loan
• Pay only the interest on the principal balance, with the principal balance unchanged for a set term/tenor
• At the end of the interest-only term/tenor the borrower starts to pay both interest and principal as per amortization schedule
• Maximum tenor for interest only home loan is two years

Home Clubbed Secured
• Retail Bundle: Home Loan, Credit Card (pre-approved) and/or Personal Loan, and/or Auto Loan
• SME Bundle: Home Loan with SME Line of Credit (revolving) with interest only option for two years
• SME line of credit will be topped up if 80% of principle installments are paid

Bank Bsia HOME LOAN

We offer home loan to help you to make your dream home into a reality. Home Loan is a term loan facility to purchase of flat/ house, construct a structured building, renovate house/flat, construct semi pucca (tin shed) and to transfer any home loan from other banks and financial institutions.

Overview
Home Loan is a term loan facility under Retail Banking for the lower middle class, middle class and upper class people of all Metropolitan, City Corporation, Pourashava & Union Parishad areas. Bank Asia offer’s following purpose based products under House Finance:

Customer Segment:
Any Bangladeshi individual who has the means and capacity to repay bank loan. In specific terms, these could be salaried person, self employed professional, businessman, mariners, land lord, wage earners etc.
Loan Features:
Loan amount: BDT 5 lac to BDT 2 crore
Loan tenure: 1 year to 25 years
Loan processing fee: 0.5% of the loan amount
Property or life insurance is not mandatory
Partial & full settlement facilities are available
Grace period facility: maximum 12 month
Charges & Fees:
Processing fee: Up to Tk. 50 lac: 0.50% but not exceeding Tk. 15,000, Above Tk. 50 lac: 0.30% but not exceeding Tk. 20,000
Expense on valuation, Vetting, CPV, CIB & other mortgage related fees & charges are to be incurred by applicant
Partial / Final prepayment: 0.50% on prepayment amount
Penal interest: additional 2% per month on overdue loan amount

Eligibility:
Age Limit: Main applicant’s minimum age should be 25 year (if income is considered) and 18 year age (if income is not considered). Joint applicant’s minimum age should be 18 year. Maximum 65 year at of loan maturity
Minimum income: aggregated Income must be more than BDT 25,000 except Mariners. For Mariners, income must be more than BDT 50,000
Service length / Experience:
Salaried individual: Minimum 2 (two) year
Doctors: 1 (one) year of practice experience after getting BMDC registration
Engineer, Chartered Accountant & Other professionals: 2 (two) year of professional experience
Businessman: business duration minimum 3 (three) year
Mariners: 2 (two) year of professional experience with Continuous Discharge Certificate (CDC) authentication
Land Lord: Must have sufficient regular rental income to repay bank loan
Wage Earners: Must have sufficient proof against remittance income
VIEW INTEREST RATES EMI CALCULATORS

NBL Housing Loan

HOUSE BUILDING FINANCE

The rising cost of residential accommodation has boosted up the demand for Home Loans in Bangladesh especially in major cities. Home loan is the long term finance that the individuals borrow from Banks or financial institutions to buy apartments or to construct residential buildings or renovate existing residential houses.

The steep rises in the real estate prices in Bangladesh are mainly due to the disparity in supply and demand of quality residential accommodation. In our country, people belongs to the middle income group are mainly the target market for the housing loans. Sky rocketing cost of real estate makes owning a house unaffordable to this group of people. They require affordable long term finance to own a shelter of their dream. Keeping this reality in mind, National Bank Limited (NBL) in 2007 introduced 02 (Two) Housing Loan schemes for individuals.

Long Term “NBL Housing Loan” to construct or purchase residential building or apartment and
Medium Term “Small House Loan” for repair, renovation, extension etc. of existing building or apartment.

NBL also provides House Building Loan (Commercial) and House Building Loan (General) to Developers/ Individuals for development/construction/ purchase of apartment/commercial complexes which does not fall within the purview of NBL Housing Loan or Small House Loan. In fact NBL’s participation in housing sector is more wide and broad as it provides wide range of products to meet the need of the customers both in city and urban areas through its all Branches.

Commercial Bank Home Loan

CBC Home Loan comes to you on the solid foundation of trust and transparency built in the tradition of Commercial Bank of Ceylon, Bangladesh.

With our Home Loan buy a House, ready flat/under-construction / semi-completed or secondhand flat that you’ve set your heart with not just an attractive rate of interest but also an unmatched level of services. Best Practices followed in CBC mentioned below will tell you why it makes sense to do business with Commercial Bank of Ceylon, Bangladesh.

The Essentials

Discounts on building materials

Loans to build, purchase, renovate or settle an existing Home Loan

CBC Home Loans Unique Advantage

Loan amount up to BDT 20 Million
Low interest rates and interest is charged on reducing balance method
Early settlement and partial prepayment options
Low processing charges.
No hidden costs or administrative charges.
Guidance throughout the process

You could obtain a home loan for

Purchasing a Flat /house
Building a house
Completing a partially built house
Renovate, extend or complete a house
Paying off an existing home related loan

To qualify

You should have a regular monthly income, individually or jointly with your spouse. This income should be sufficient to meet the monthly loan commitment as well as living and other expenses.

Product Features

Loan amount up to BDT 20 Million
Equity Ration : 70:30
Competitive interest rates and absolutely transparent fees & charges
Loan tenure of up to 20 years
Mortgage property location : Dhaka Metro, Chittagong, Sylhet and Narayangonj City Corporation area, Savar, Gazipur and Tongi Municipal area
Applicant must be permanent resident of Bangladesh
Minimum age 25 years & maximum age 60 years at the time of maturity

Common Documents:

Latest one year’s personal bank statement
Photocopy of national ID/Passport
Business card/ visiting card of the applicant
Business card/ visiting card of the applicant
One copy passport size photograph of guarantor
Allotment Letter/ Allotment Agreement/ Byna Deed/ Property related documents
Registered ownership deed for Home Credit / Take Over
Price quotation for Home Credit
Proof of submission of updated Income tax return

Salaried Individuals

Letter of Introduction stating salary, issued by the employer
Latest 01year salary account statement

Business person

Copy of Trade License for last 3 years
Company’s bank statement for last one year
Registered partnership deed for partnership company
Memorandum of Articles, Certificate of Incorporation, Latest Schedule X for Private Limited Company

Self employed person

Professional Certificate issued by authorized institution
Declaration on self-pad along with seal
Certificate of Professional degree

Land Lord

Registered ownership deed
Rental deed
Copy of any utility bill (Electricity/ Water/Gas)

BRAC Bank Home Loan

Product Type & Purpose
Home Loan

Financing against purchase of your under-construction / semi-completed / completed / secondhand Apartment of house
Home Credit Financing against renovation / extension / construction of your own home. Takeover
Financing against transfer of the current balance of your existing housing loan to BRACBank.

Interest Rate and Fees

Interest Rate: The interest rate will be applied in accordance with the Bangladesh Bank’s interest rate guideline and the prevailing BRAC Bank interest rate.
Processing Fee:
Up to BDT 50 Lac: 0.50% of the loan amount or BDT 15,000.00, whichever is lower.
More than BDT 50 Lac: 0.30% of the loan amount or BDT 20,000.00, whichever is lower.
Other fees and charges – Applicable in accordance with the retail loan Schedule of Charges.
Schedule of Charges

DOCUMENTS : home loan in bangladesh
Latest 1 year personal bank statement
Latest Tax clearance certificate /return receipt of tax*
Photocopy of National ID Card
Letter/ Allotment Agreement/ Byna Deed for Home Loan
Registered ownership deed for Home Credit / Take Over Loan
Price quotation for Home Credit Loan
Letter of introduction (LOl)
Latest 01 year salary account statement
Businessmen / Self Employed individuals / Landlords
Owner / Director of Proprietorship / Partnership / Private Limited Company
Total business experience is minimum 3 years
Minimum income is BDT 30000
Common Documents home loan in bangladesh
Latest 1 year personal bank statement
Latest Tax clearance certificate /return receipt of tax*
Photocopy of National ID Card
Letter/ Allotment Agreement/ Byna Deed for Home Loan
Registered ownership deed for Home Credit / Take Over Loan
Price quotation for Home Credit Loan
Trade License for last 3 years (Only for Businessmen)
Latest 01 year bank statement of the company (Only for Businessmen)
Registered partnership deed for Partnership Company (Only for Businessmen)
IMOA+ Certificate of incorporation+ Latest Schedule X for Private Limited Company (Only for Businessmen)
Certificate of membership of respective professional association (Only for Self-Employed)
Declaration on self-pad along with seal (Only for Self-Employed)
Certificate of a professional degree (Only for Self-Employed)
Registered ownership deed (Only for Landlords)
Rental deed (Only for Landlords) home loan in bangladesh
Copy of any utility bill (Electricity/ Water/Gas) (Only for Landlords)

home loan in bangladesh