Features

• Securing loan throughout the tenure, paying nominal premium at one time

• Premium can be paid by adding it with loan amount 

• Two types of coverage benefit for Death (due to sickness, normal death & accidental death) and Permanent Total Disability (PTD)

- Group Life: 100% of the Loan Amount (LA). After paying the outstanding, beneficiary/nominee of the loan applicant will receive the remaining. 

- Credit Life: 200% of the Loan Outstanding Balance (OB). 100% of the OB will be payable to the Bank and other 100% will be received by beneficiary/nominee.

• Discount in rate of interest X (to eliminate)

• Maximum coverage up to BDT 20,00,000 per individual till 65 years

• Minimum 183 days waiting period for PTD claims 

• Special premium rate for TARA

Required Documents

• No additional documents

• Only consent and nominee information are required 

• Relevant insurance shield sections in Personal Loan application form to fill up

Features

• Securing loan throughout the tenure, paying nominal premium at one time

• Premium can be paid by adding it with loan amount 

• Two types of coverage benefit for Death (due to sickness, normal death & accidental death) and Permanent Total Disability (PTD)

- Group Life: 100% of the Loan Amount (LA). After paying the outstanding, beneficiary/nominee of the loan applicant will receive the remaining. 

- Credit Life: 200% of the Loan Outstanding Balance (OB). 100% of the OB will be payable to the Bank and other 100% will be received by beneficiary/nominee.

• Discount in rate of interest X (to eliminate)

• Maximum coverage up to BDT 20,00,000 per individual till 65 years

• Minimum 183 days waiting period for PTD claims 

• Special premium rate for TARA

Required Documents

• No additional documents

• Only consent and nominee information are required 

• Relevant insurance shield sections in Personal Loan application form to fill up

Features

• Securing loan throughout the tenure, paying nominal premium at one time

• Premium can be paid by adding it with loan amount 

• Two types of coverage benefit for Death (due to sickness, normal death & accidental death) and Permanent Total Disability (PTD)

- Group Life: 100% of the Loan Amount (LA). After paying the outstanding, beneficiary/nominee of the loan applicant will receive the remaining. 

- Credit Life: 200% of the Loan Outstanding Balance (OB). 100% of the OB will be payable to the Bank and other 100% will be received by beneficiary/nominee.

• Discount in rate of interest X (to eliminate)

• Maximum coverage up to BDT 20,00,000 per individual till 65 years

• Minimum 183 days waiting period for PTD claims 

• Special premium rate for TARA

Required Documents

• No additional documents

• Only consent and nominee information are required 

• Relevant insurance shield sections in Personal Loan application form to fill up

Features

• Securing loan throughout the tenure, paying nominal premium at one time

• Premium can be paid by adding it with loan amount 

• Two types of coverage benefit for Death (due to sickness, normal death & accidental death) and Permanent Total Disability (PTD)

- Group Life: 100% of the Loan Amount (LA). After paying the outstanding, beneficiary/nominee of the loan applicant will receive the remaining. 

- Credit Life: 200% of the Loan Outstanding Balance (OB). 100% of the OB will be payable to the Bank and other 100% will be received by beneficiary/nominee.

• Discount in rate of interest X (to eliminate)

• Maximum coverage up to BDT 20,00,000 per individual till 65 years

• Minimum 183 days waiting period for PTD claims 

• Special premium rate for TARA

Required Documents

• No additional documents

• Only consent and nominee information are required 

• Relevant insurance shield sections in Personal Loan application form to fill up

Features

• Securing loan throughout the tenure, paying nominal premium at one time

• Premium can be paid by adding it with loan amount 

• Two types of coverage benefit for Death (due to sickness, normal death & accidental death) and Permanent Total Disability (PTD)

- Group Life: 100% of the Loan Amount (LA). After paying the outstanding, beneficiary/nominee of the loan applicant will receive the remaining. 

- Credit Life: 200% of the Loan Outstanding Balance (OB). 100% of the OB will be payable to the Bank and other 100% will be received by beneficiary/nominee.

• Discount in rate of interest X (to eliminate)

• Maximum coverage up to BDT 20,00,000 per individual till 65 years

• Minimum 183 days waiting period for PTD claims 

• Special premium rate for TARA

Required Documents

• No additional documents

• Only consent and nominee information are required 

• Relevant insurance shield sections in Personal Loan application form to fill up