BRAC Bank Limited » Retail Banking » Loan Products

Schedule of Charges

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Retail Banking

	Loan Products

	Salary Loan

	Quick Loan

	Auto Loan

	Home Loan

	Secured Loan/Overdraft


	Schedule of Charges for Retail Lending

Quick Loan

For needs that arise quickly the solution needs to be Quicker!
If you are a businessman or self employed personnel, Quick loan is specially designed just to cater your needs.

Eligibility

	Businessman & Self Employed Personnel (Doctors, Engineers, Architects, Accountants etc.)

	Minimum age of 23 Years; Maximum 65 Years (At Maturity).

	Having minimum income of BDT 20,000*

Features

	Loan amount up to BDT 1000,000

	Attractive Interest Rate

	No collateral of cash securities

	Flexible repayment Equal Monthly Installments (EMIs) over a period of 12 months to 60 months *

Documents required

	Last 1 Year bank statement

	Valid Trade License

	TIN Certificate

	Proof of identity

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.

* Standard Condition Apply

For any banking needs please call 24 hour Phone Banking: 01819 230000 or e-mail us at enquiry@bracbank.com

We will soon be in touch with you

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24 Hour Phone Banking
+88 01819 230000