BRAC Bank Limited Home Loan (Apon Ghar) is different from other banks. BRAC Bank Limited Home Loan is easy to get from this bank. BRAC Bank Limited’s home loan to this service is very good so in this purpose. Then I can suggest the Home Loan (Apon Ghar) of BRAC Bank Limited is an attractive loan in Bangladesh.
BRAC Bank Auto Loan is different from other banks. BRAC Bank Auto Loan is easy to get from this bank, BRAC Bank auto loan to this service is very good so for this purpose I suggest the Home Loan of BRAC Bank Ltd. is attractive. BRAC Bank Home Loan provides your personal bank representative for information search till moving into the home.
BRAC Bank Limited Home Loan
BRAC Bank building a profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting BRAC and stakeholders to build a just, enlightened, healthy democratic, and poverty-free Bangladesh”. Home Loan from BRAC Bank life is changed because after getting a Home Loan maybe you purchase a new car, BRAC Bank Home Loan is built for maximum speed and efficiency. If you want to know Home Loan from BRAC Bank then you 24 hours banking facilities.
BRAC Bank to support continued business growth is currently looking for ambitious, smart, goal-oriented, and enthusiastic individuals for its infrastructure Development and Management. BRAC Bank Limited is one of the fastest-growing and modern banks in Bangladesh. BRAC Bank Limited is playing a vital role as a financial intermediary linking the economic policies of the government with the rest of the economy.
BRAC Bank Limited Home Loan
BRAC Bank Limited Apon Ghar Home Loan provides your personal bank representative for information search till moving into the home. BRAC Bank Limited also finances for the purpose of under-construction / semi-completed / completed/secondhand Apartment of any house. BRAC Bank Limited provides 24-hour banking facilities. BRAC Bank Limited Home Loan.
BRAC Bank Limited Home Loan
The home loan product is the most convenient and practical Loan that suits your all home financing needs. This home alone is for apartment purchase, home construction, extension, or renovation. Home Lone is from any Bank of Bangladesh and is here with the ultimate solution for you.
BRAC Bank Limited Home Loan
With so many attractive features in it, the home you wanted to buy to extend the existing one or renovate the same is no longer a distant dream. Your personal bank provides a representative for information search till moving into helps find a home suitable for your taste, budget, and area.
Product Type and Purpose
BRAC Bank Home Loan for the purpose
- Flat/Apartment Purchase
- House construction / Extension / Renovation / Up-gradation/ Face uplifting / finishing work
- The takeover of an existing home loan from any bank / financial institution
- Interior
- Furniture & Soft Furnishing
- Home Appliance
- Color & Window Treatment
- Light & Floor
BRAC Bank Limited Home Loan
Customer Segment & Eligibility
Salaried Individuals
- Total Job Experience is a minimum of 3 years & must be permanent in the current job
- The 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
- The minimum income is BDT 30,000
Product Features
The owner of the property must be the main borrower
Mortgaged property must be located within the metropolitan area of Dhaka, Greater Dhaka where the RAJUK Plan is available, Chittagong & Sylhet
Applicants must be permanent residents of Bangladesh
Minimum age 25 years & maximum age 65 years at the time of maturity
Competitive Interest Rate
The maximum loan tenor is 25 years
Processing Fees & Other Charges:
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 Take Over cum Home Credit loan 1% on loan amount + VAT
In the case of a Takeover, the processing fee is 0.50% of the 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
BRAC Bank Limited Home Loan
Early Settlement & Rescheduling Fees
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. BRAC Bank Official Website https://www.bracbank.com/.
Date rescheduling fee Tk 2000+VAT each time.
Partial pre-payment & fees
The minimum partial pre-payment amount is BDT 1,00,000
2%+VAT on the pre-payment amount within the first 5 years
1%+VAT on the pre-payment amount after 4 years
1.5% + VAT on pre-payment amount between 3rd to 4th year
Common Documents
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 01year salary account statement
BRAC Bank Limited Home Loan
Businessmen
Trade License for last 3 years
Latest 1-year bank statement of the company
Registered partnership deed for a partnership company
MOA+ Certificate of Incorporation+ Latest Schedule X for Private Limited Company
Self-Employed
Certificate of membership of the respective professional association
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 is one of the fastest-growing and modern banks in Bangladesh. BRAC Bank Limited is playing a vital role as a financial intermediary linking the economic policies of the government with the rest of the economy. BRAC Bank Limited Home Loan.
BRAC Bank Limited began with the vision to provide banking solutions to the ‘unbanked’ Small and Medium Entrepreneurs. Taking inspiration from its parent organization BRAC, the largest NGO in the world, BRAC Bank introduced small-ticket loans to the small and medium enterprises (SMEs), to specifically bring the grassroots entrepreneurs under the umbrella of formal banking service. Approximately half of BRAC Bank’s lending portfolio comprises of small and medium enterprises – popularly known as the ‘SMEs’. BRAC Bank Official Website https://www.bracbank.com/.
