EBL Home Credit
EBL Home Credit is a Term loan facility (EMI based) for credit worthy individuals for meeting the purpose of Renovation/Extension/Construction/Purchasing of new property.
- Home Loan for the purpose of
- House/flat/apartment renovation
- House construction
- Purchase of new property.
- Finishing work etc.
- Loan amount: BDT 500,000 to BDT 20,000,000
- Repayment tenure of up to 25 years
- Loan to value:70% of the property value
- Competitive interest rate
- No Processing fee for Take over home loans from other Banks/ Financial Institutions
- Early full and partial settlement allowed
- Shortest Loan Processing Time
- Minimal documentations
- No hidden charges
- Min (at the time of application) : 25 Years
- Max (at the end of loan tenure):
- Salaried Segment: 65 years or retirement age whichever is earlier
- Businessman/Professional Segment: 65 Years
Length of experience:
- Salaried Executives: Minimum 2 years of experience (including probation period) with 6 months employment with present employer. Applicant must have to be confirmed permanent employee at the time of application.
- Professionals: Minimum 3 years of practice in the profession as per BMDC/ Professional Certification
- Businessman: Minimum 3 years of involvement in business as per Trade License
Minimum Gross Monthly Income:
- Minimum BDT 30,000/- Gross Monthly Salary/Income
- Professionals: BDT 40,000/- Per Month.
- Businessman : Minimum BDT 50,000/- Per Month