Home loans for BB staff raised

Posted by BankInfo on Wed, Dec 29 2010 05:13 am

Home loans for members of the central bank staff have been raised by 92 percent in view of an increase in the prices of land and construction materials.

Bangladesh Bank (BB) approved the proposal yesterday.

Such loans for officials on the highest salary scale has been raised by 87 percent to Tk 60 lakh. The present ceiling is Tk 32 lakh.

For the lowest tier, the ceiling has been increased by 92 percent to Tk 25 lakh. The present ceiling for the staff of this level is Tk 13 lakh.

The Home loans are given to the central bank staff in five categories.

Source: The Daily Star

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