BRAC Bank

BRAC Bank Limited

Phone: +880-2-885 9202, +88 01819 230000 (Call Center)
Fax: +880-2-986 0395
Email: enquiry@bracbank.com
Name

Salary loan

Description
Keep an extra 15 month's salary in your pocket! You can get BRAC Bank Salary loan, Loan against your salary. If you are a salaried individual working in Bangladesh, Please read on. Because Salary Loan from BRAC Bank has been designed with just you in our minds.
Loan Amount
- 1 lac to 10 lac
- Loan up to 15 times of your Salary *
Tenure
1 year to 5 years
Interest Rate
19% (effective)
Eligibility
- Employed as a regular salaried staff
- Have minimum age of 23 years, max 60 years (at the time of maturity)
- If you earn a monthly salary of BDT 12,000 *
Supporting Documents
- Last 6 month's bank statement
- Last salary slip/Letter of introduction
- Proof of identity
- Proof of employment of minimum 1 year
Details
Schedule of Charges
Processing fee: 1.5% +VAT of the loan amount.
Early Settlement Fees:
- 2%+ VAT on the outstanding amount if settled within 1st 2 years,
- 1%+ VAT for 2 years & above.
View All Loans By BRAC Bank View All Loans By All Banks

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