Are you in need of a home loan?

Are you in need of a home loan

Are you in need of a home loan? Do you want some information regarding loan facilities for the home? This article will help you gather necessary information about getting loans for new home purposes.

There are a number of private banks providing easy loan facilities for the home. Home loan product the most convenient & practical Loan that suits your all home financing needs. Let it be for apartment purchase, home construction, extension or renovation – any Bank of Bangladesh is here with the ultimate solution for you. With so many attractive features in it – the home you wanted to buy or to extend the existing one or renovate the same is no longer a distant dream. Are you in need of a home loan?

Are you in need of a home loan

Are you in need of a home loan?

A home for you and your loved ones must be one of the most treasured dreams in your life. With competitive rates, convenient features and simple procedures, Home Loan from HSBC will enable you to turn your dream into reality. HSBC Home Loan provides attractive financing for a new house or an apartment.

Loan Providing Institutions/ Banks

● Corporate & Investment Banking;

● Retail banking (including Cards);

● SME Banking; &

● Treasury & Market Risks

Home Loan from City Bank

City Bank currently has 90 online branches and 1 SME service centers and 11 SME/Agri branches spread across the length & breadth of the country that includes a full-fledged Islami Banking branch. Besides these traditional delivery points, City bank is also very active in the alternative delivery area. It currently has 140 ATMs of its own; and ATM sharing arrangement with a partner bank that has more than 550 ATMs in place; SMS Banking; Interest Banking and so on. It already started its Customer Call Center operation. City bank has a plan to end the current year with 200 own ATMs.

Home Loan from City Bank

Your dream to build your own house is only a matter of choice. And when you do decide, City bank will help you make your dream come true. Introducing bank Home Loan from City Bank. City Bank Home Loan provides attractive financing for a new house or an apartment.

Home Loan in Bangladesh

You can also avail of City Bank Home Loan for renovation, facelift, extension and furnishing work in your existing house or apartment. Building profitable and socially responsible financial institutions focused on Market and Business with Growth potential, thereby assisting of City Bank so Home Loan is built of life to any person. Home Loan from City Bank.

Features of Home Loan from City Bank

● Loan amount BDT 3 Lac maximum BDT 1 crore

● Repayment tenor 1 year t25 years

● Financing up to 80% of the property value

● Early settlement facility

● Faster processing of the loan

● Loan against property

● No hidden cost

Home Loan from City Bank

Eligibility for Home Loan from City Bank

● Bangladeshi citizen within the age limit of 22 years to 65 years

● Minimum income for the primary applicant

● BDT 30,000/month for salaried & self-employed personal

● BDT 40,000/month for the business person & other personal

●Minimum requirement of 2 (Two) years of experience for all professionals

● Salaried employee – Minimum 6 months permanent with current employer

●Contractual employee – Minimum 1 year of the existing contract with the current employer

Home Loan From BRAC Bank Limited

Home loan product the most convenient & practical Loan that suits your all home financing needs. Let it be for apartment purchase, home construction, extension or renovation – any Bank of Bangladesh is here with the ultimate solution for you. With so many attractive features in it – the home you wanted to buy or to extend the existing one or renovate the same is no longer a distant dream. Your personal bank provides the representative for information search till moving into helps find a home suitable for your taste, budget, and area. Home Loan From BRAC Bank Limited.

Home Loan From BRAC Bank Limited

Home Loan for the purpose of

● Flat/Apartment Purchase

● House construction / Extension / Renovation / Up-gradation/ Face uplifting / finishing work

● The takeover of existing home loan from any bank / financial institution

● Interior

● Furniture & Soft Furnishing

● Home Appliance

● Color & Window Treatment

● Light & Floor

Customer Segment & Eligibility to get Home Loan

Salaried Individuals

● Total Job Experience is a minimum of 3 years & must be permanent in the current job

● Minimum income is BDT 25,000/-

Businessmen / Self Employed Individuals / Landlords:

● Owner / Director of Proprietorship / Partnership / Private Limited Company

● Total Business Experience is a minimum of 3 years

● Minimum income is BDT 30,000

Product Features of Apon Ghor of Brac Bank

Owner of the property must be the main borrower

Mortgaged property must be located within the metropolitan area of Dhaka, Greater Dhaka where RAJUK Plan is available, Chittagong & Sylhet

Applicants must be the permanent resident of Bangladesh

Minimum age 25 years & maximum age 65 years at the time of maturity

Competitive Interest Rate

Maximum loan tenor is 25 years

Processing Fees & Other Charges for the Home loan of Brac bank:

Loan up to BDT 15 Lac is @ 2% on loan amount + VAT

Loan above BDT 15 Lac is @ 1.5% on loan amount + VAT

For Taking Over come Home Credit loan 1% on loan amount + VAT

In case of Takeover, the processing fee is 0.50% of loan amount +VAT

Valuation charge @ 3500 + VAT in addition to the processing fee

Security replacement Fee – BDT 10,000 + VAT

Quotation change Fee – BDT 1,000 + VAT

Early Settlement & Rescheduling Fees of Home loan Brac bank

Early settlement Fee:

2% of outstanding if settled within first 2 years + VAT

From 3rd to 4th year 1.5%+VAT on outstanding

From 5th year 1%+VAT on outstanding

Rescheduling fee due to Interest Rate change / Tenor change – 0.25% + VAT of outstanding or maximum Tk 10,000 + VAT whichever is lower.

Date rescheduling fee Tk 2000+VAT each time

Partial pre-payment & fees

Minimum partial pre-payment amount is BDT 1,00, 000

2%+VAT on pre-payment amount within the first 5 years

1%+VAT on pre-payment amount after 4 years

1.5% + VAT on pre-payment amount between 3rd to 4th years

Common Docomeents

Latest 01year personal bank statement

Latest Tax Clearance Certificate (where applicable)

Photocopy of National ID card / Passport

Allotment Letter/ Allotment Agreement/ Byna Deed for Home Loan

Registered ownership deed for Home Credit / Take over Loan

Price quotation for Home Credit Loan

Salaried Individuals

Letter of Introduction (LOI)

Latest 01-year salary account statement

Businessmen:

Trade License for the last 3 years

Latest 1-year bank statement of the company

Registered partnership deed for Partnership Company

MOA+ Certificate of Incorporation+ Latest Schedule X for Private Limited Company

Self-Employed Land Lord

Certificate of membership of the respective professional association

Declaration on self-pad along with the seal

Certificate of Professional degree

Registered ownership deed

Rental deed

Copy of any utility bill (Electricity/ Water/Gas)

How to Get Home Loan from HSBC

A home for you and your loved ones must be one of the most treasured dreams in your life. With competitive rates, convenient features and simple procedures, Home Loan from HSBC will enable you to turn your dream into reality. HSBC Home Loan provides attractive financing for a new house or an apartment.

Features of Home Loan from HSBC

● Loan amount of BDT 750,000 – BDT 10,000,000

● Maximum loan amount of 70% of the property valuation, inclusive of registration cost

● Financing for the registration cost

● Clubbing of income amongst spouse, father and son/daughter, mother and son/daughter is possible

● Competitive interest rates on a monthly reducing balance

● Loan tenure of 5 – 25 years (prior to borrowers age reaching 60 years)

● The age of the property must not exceed 20 years of age

● Apartments under construction are also applicable for Home Loan facility

● As a customer, you also have the flexibility to buy an apartment under construction subject to the terms and conditions as applied by the Bank

● Partial or early settlement facilities

● No personal guarantee or cash security

How to Get Home Loan from HSBC

Eligibility for Home Loan from HSBC

● Age: At least 23 years

● Professional Experience:

– Salaried: Employed for at least 2 years by a well-reputed organization

– Self-employed: Professional experience or business establishment for at least 2 years (with adequate proof)

● Minimum Monthly Income:

– Salaried: BDT 40,000

– Self Employed: BDT 50,000

What security docomeentation do you require?

● Mortgage and original title deed

● Property insurance covering fire, earthquake, flood, and cyclone

● Irrevocable General Power of Attorney (IGPA)

How do you repay of Home Loan from HSBC?

Loan repayment can be made in the form of monthly installments. You have the flexibility of choosing a convenient repayment period between 5 and 25 years. Your monthly installment will be automatically debited from your personal account with HSBC. Interest is calculated on a monthly reducing balance as opposed to an annual reducing balance, giving you a lower monthly installment amount with HSBC. 

How do you apply for Home Loan from HSBC?

● Just drop by at your nearest HSBC branch or customer service center or contact our Call Centre for more information. We will be happy to help you with your queries.

●Talk to HSBC and turn your dream into reality!

*Notes: Terms and conditions apply

Applications are approved at the sole discretion of HSBC

You can also avail of HSBC Home Loan for renovation, facelift extension and furnishing work in your existing house or apartment. Building a profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting of HSBC so Home Loan is built of life to any person.

Home Loan Standard Chartered Bank

Standard Chartered Home Loan provides attractive financing for a new house or an apartment. You can also avail Standard Chartered Bank  Home Loan for renovation, facelift extension and furnishing work in your existing house or apartment. Building a profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting of Standard Chartered Bank so Home Loan is built of life to any person. Are you in need of a home loan?

Home Lone for Special Benefits

● The fast loan approval process

● No personal guarantee or cash security required

● Early settlement and partial prepayment options

● Option to avail home loan in installments, based on the amount of down payment arranged at every step

Eligibility for Home Loan from Standard Chartered Bank

● Professional Experience: At least three years of service/ professional/ business track records

● Income: Minimum monthly income of BDT 25,000

● Minimum Age: 25 years

● Maximum Age: 65 years at the end of the loan tenure or retirement age for service holders (whichever is earlier).

Flexible of Home Loan Features

● Loan tenure of up to 25 years

● Loan amount up to BDT 10,000,000

● Financing available for up to 70% of the property value

● Loan takeover facility available; no processing fee is charged on takeover loans

Repayment of Home Loan

● Repayment by Equated Monthly Installments’ (EMI)

● Interest calculated on the monthly reducing-balance basis

Security of Home Loan

● A registered mortgage in favor of Standard Chartered Bank, or equivalent securitization under Tripartite Agreement or Four party agreement.

Mortgage Reducing Term Assurance (MRTA) of Home Loan

Standard Chartered Bank  Home Loan comes with a very attractive credit-life insurance bundle scheme called Mortgage Reducing Term Assurance (MRTA). The insurance coverage is provided by one of the best life insurance companies around. Moreover, we can finance the insurance premium along with your home loan.

MRTA insures your Home Loan against your death or permanent total disability, relieving you and your family of the burden of the loan in the event of any such unforeseen circomestances. Your dream home will be there for your family, forever.

Processing Fees for Home Loan

● Loan Processing Fee: 1.5% of the loan amount + 15% VAT on processing fee

Accessible of Home Loan from Standard Chartered Bank

● For more information on Home Loans, please call out 24-hour contact center, SMS ”HOME” to 2727 or visit your nearest Branch or Kiosk of Standard Chartered Bank. Home Loan Standard Chartered Bank.

Standard Chartered Bank  Home Loan comes with a very attractive credit-life insurance bundle scheme called Mortgage Reducing Term Assurance (MRTA). The insurance coverage is provided by one of the best life insurance companies around. Moreover, we can finance the insurance premium along with your home loan.

 

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