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Professional’s Loan
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Professional’s Loan
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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