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Overseas Employment Loan
To support for the overseas employment of the unemployed youths of our country & to save them & their families from borrowing money at higher rate of interest from the mohajon.
Basic Information
Target Customer |
Loan Limit |
Tenor |
Interest Rate |
People who are interested to go abroad for employment. |
Maximum Tk. 250,000
(may differ from bank to bank) |
Max 03 years with 01 month’s grace period
(may differ from bank to bank) |
Maximum 9% Yearly
(may differ from bank to bank & time to time) |
Eligibility
Any Bangladeshi National intends to go abroad for employment. Minimum age 21 & Maximum age 50.
List of some banks which have Overseas Employment Loan product
Bank Name |
Product Name |
Jamuna Bank Ltd. |
Overseas Job Loan |
NCC Bank Ltd. |
NCC Bank Overseas Employment Loan Scheme (OELS) |
Mercantile Bank Ltd. |
Overseas Employment Loan |
Required Documents
- National identity/passport/driver license/nationality/ward commissioner’s certificate with photo attachment
- Clear studio Photograph and business card
- Bank statement for last 6 months
- Copy of TIN related document
- Letter of Introduction (LOI) for salaried executives or salary slip
- Trade license/MOA for businessmen
- Copy of house ownership and rent agreement for landlord and land lady
- Other document as per loan category
- Other documents as per bank requirement
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