Loan Amount up to 90% of Face Value of your fixed deposits (FDRs with BRAC Bank Ltd & WEDB)
Minimum Spread
Early settlement facilities available
Enhancement Facilities available
Cross collateralization allowed
Documents Required
Copy of National ID
Schedule of Charges
Processing Fee
1.0% of the loan amount
Maximum BDT 10,000
Minimum BDT 1000.
Early Settlement Fee
Secured Loan 1% of outstanding amount at any time before maturity; Maximum BDT 10,000
Secured Overdraft - 2% of outstanding or BDT 2,000, which ever is lower.
Other Charges
Overdraft renewal charge: 0.25% of the limit/Maximum 5,000
Overdraft enhancement charge: 0.25% of the limit/Maximum 5,000
For any banking needs please call 24 hour Phone Banking: 01819 230000 or e-mail us at enquiry@bracbank.com