Salary Loan from Brac Bank in Bangladesh

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Brac Bank

Brac Bank

Phone: +880-2-885 9202

E-mail: enquiry@bracbank.com

Web Site: http://www.bracbank.com/

Name: Salary Loan

Description: Keep an extra 18 month’s salary in your pocket! You can get BRAC Bank Salary loan, Loan against your salary. If you are a salaried individual working in Bangladesh, Please read on. Because Salary Loan from BRAC Bank has been designed with just you in our minds.

Loan Amount: Maximum BDT 1000,000 Taka

Loan Tenor: 1 year upto 5 years (EMIs- Equal Monthly Installments).

Eligibility: An appilcant must be salaried person

Age- Minimum 23 to maximum 60 years

Salaried person must be earned BDT 12,000

Documents: Last 3 month’s bank statement, last salary slip, proof of identity, proof of employment of minimum 1 year

Charges: Processing fee: 2% +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.