This loan is designed by the banks for the financial support to the people during their different religious or social festivals like eid, puja, marriage or others.
Basic Information
| Target Customer | Loan Limit | Tenor | Interest Rate |
| Any individuals of regular income who need financial support during their festival time. | From BDT 50,000 to BDT 300,000 (may differ from bank to bank) |
12 to 36 months (may differ from bank to bank) |
Maximum 9% Yearly (may differ from bank to bank & time to time) |
Eligibility
| Age Limit | Minimum Monthly Income | Employment Duration |
| Min 21 years, Max 65 years (may differ from bank to bank) |
For Salaried Tk. 20,000 For Businessmen and Self-employed Tk. 30,000 |
Salaried: Minimum 1 year of working experience & min 6 months of continuous employment with present employer Professionals: Minimum 1 year of total practice in the profession Businessman: Minimum 2 year of involvement in business. (may differ from bank to bank) |
List of some banks which have Festival Loan product
| Bank | Product Name By Bank |
| BRAC Bank Ltd. | Lifestyle Plus Loan |
| Commercial Bank of Ceylon PLC. | Festival Loan |
| Dutch-Bangla Bank Ltd. | Festival Line |
| Eastern Bank Ltd. | EBL Utshab Loan |
| Modhumoti Bank Ltd. | Festival Loan |
| NRB Global Bank Ltd. | NGB Festivals |
| Prime Bank Ltd. | Carnival Loan |
| Standard Bank Ltd. | Festival Loan |
Required Documents
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