Being a Teacher is one of the highest privileges one could have. PBPLC is pleased to introduce Teachers Loan Scheme for teachers of Primary School, High School, College & University can have easy access to loans for their personal/ family needs.

We understand teachers requirement better and can process the loan faster.

Features:

• Any purpose loan to improve the lifestyle of the Teachers.
• Loan amount maximum BDT 40.00 Lac. For above BDT 20.00 lac, appropriate collateral security to be provided.
• Flexible repayment (EMI) upto 60 months.
• Competitive Interest Rate.
• Processing Fee: @0.50% but maximum BDT 1,000/- plus VAT.
• No Hidden Charge.
• Easy documentation & quick processing.
• Option for early & partial settlement.
• Partial Settlement Fee: @0.25% but maximum BDT 10,000/- plus VAT.
• Early Settlement Fee: @0.50% on outstanding amount plus VAT

Eligibility:

• Teachers of Government, Semi Govt., Autonomous Educational Institutions i.e. Primary School, High School, College & University whose salary account are maintained with PBPLC.
• DBR: upto 90% of Take Home Salary who has others income i.e. Agricultural Income, House Rent, Tuition Income etc.
• Maximum age 59 years at the time of maturity of the loan.

Required Documents:

• Copy of National ID of Applicant & Guarantor(s).
• 2 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 (for loan amount exceeding Tk.5.00 lac).
• Bank Statement of at least 06 months.
• Salary Certificate & Letter of Introduction from competent authority.

Security:

• Personal Guarantee(s).
• 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.

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