PUBALI BANK PLC.

If you have dream to live in your own house/ flat/ apartment, Flat Purchase Loan is the perfect solution with convenient features and simple procedure to turn your dream into reality.

Features:

The loan may be taken for the following purposes:

To purchase Flat/Apartment for residential purpose.
To purchase completed House (land plus building).
To purchase Chamber/Office Space/ Commercial Space/ Godown/ Shop etc. in personal name.

To takeover of existing personal home loan from any other Bank / Financial Institution.

Maximum 70% of the flat / home value or Tk.2.00 crore whichever is lower depending on repayment capability of the client.

Flexible repayment of maximum 25 years including upto 18 months Grace period.

Competitive Interest Rate.

Processing Fee: 0.50% of the loan amount but not more than Tk.15,000/- plus VAT for loan amount upto Tk.50 lac. 0.30% of loan amount but not more than Tk.20,000/- plus VAT for loan amount above Tk.50 lac.

No Hidden Charge.

Easy documentation & quick processing.

Option for early & partial settlement.

Partial Settlement Fee: @0.25% but maximum Tk.10,000/- plus VAT.

Early Settlement Fee: @0.50% on outstanding amount plus VAT.

Eligibility:

Bangladeshi Tax paying individual (salaried / professional / business person) who has the means and capacity to deposit the equity & repay the loan.

Non-resident Bangladeshi subject to rules and regulations of Bangladesh Bank and Bangladesh Government.

The property must be constructed as per approved plan of the competent authority.

The applicant should have a fixed sources of income.

DBR: upto 60%.

Age: 21 years – 65 years. The client shall not be over 70 years old at maturity of the loan.

Required Documents:

Copy of National ID of Applicant & Guarantor.

3 Copies of recent lab printed passport size photograph of applicant and guarantor(s).

Copy of latest Income Tax Clearance Certificate/ Tax Return/ Tax Acknowledgement Receipt of the applicant.

Bank Statement.

Property related documents for legal & technical assessment of the property.

For salaried person, Salary Certificate from competent authority.

For businessman/ self-employed person, trade license & other related papers for last 03 years.

Security:

Registered mortgage & RIGPA.

Personal Guarantee.

Authorization for debiting client's deposit account for collection of EMI.

Required No's of fully prepared post dated & valid signed MICR cheques with Memorandum of Deposit of cheques.

Flat Purchase Loan (through authorized CLS Agent)

Please contact your nearest PB PLC. Branch/ Sub-Branch/ IBW countrywide, or directly contact Tel.02-223381614 Ext. 380, 490, 47118710, 47118827; IP +88 09666821816 or e-mail us at retail@pubalibankbd.com

Flat Purchase Loan (through authorized CLS Agent)

Features:

Eligibility:

Required Documents:

Security:

Contact

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