Professional’s Loan

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Professional’s Loan

Professional Loan is a loan facility for the different professionals like Doctors, Engineers, Teachers to support their small scale purchase of different equipment, tools and small machineries for installation at their business sites/offices.

 

 

Basic Information

Target Customer Loan Limit Tenor Interest Rate
Doctors

Engineers

Teachers

CA

Law practitioners

Or any other professionals

From BDT 50,000 to BDT 500,000

(may differ from bank to bank)

12 to 48 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 23 years, Max 60 years

(may differ from bank to bank)

Tk. 20,000

(may differ from bank to bank)

1 year of total practice in the profession

(may differ from bank to bank)

 

 

List of some banks which have Personal Loan product

Bank Name Product Name
 Bank Asia Ltd.  Loan for Professionals
 Bangladesh Commerce Bank  BCB Teachers’ Loan
 Dutch-Bangla Bank Ltd.  Professional Line
 IFIC bank Ltd.  IFIC Peshajeebi Loan
 Meghna Bank Ltd.  Meghna Loan for Professionals
 Mutual Trust Bank Ltd.  MTB Professional’s Loan
 NRB Global Bank Ltd  NGB Professionals
 One Bank Ltd.  Professional 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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