FACILITY TYPES:Secured Overdraft: Renewable overdraft facilitySecured Term Loan: EMI based loan facility up to 5 yearsSecured Loan Bullet Payment: Terminating bullet payment facility (Customer only have to pay interest against the availing facility through round the facility tenor) for 1 year.FEATURES
  • Loan is available against other bank’s FDR
  • 90% of loan amount against Community Bank’s FDR and/or DPS’s current face value
  • Repayment mode: EMI based and Bullet Payment mode for term loans
  • Minimum age of the borrower is 18 years
  • Competitive interest rate
  • Loan processing fee is BDT 1,000 only (Loan against Community Bank deposits)