The people who want to go to Malaysia on work visa can have financial assistance from a bank to meet their cost of migration.

The state-owned banks and Expatriate Welfare Bank already made arrangement to provide the potential migrants with easy loan to cover their all expenses including air passages, visa fee, training fee, medical bill, travel taxes and other related expenditure.

The bank initially estimated that the cost of migration for a person would be around Taka 40,000 and the bank would offer people the entire amount as loan at only 9 percent annual rate of interest.

The bank will recover the loan on installments from the salary or wages of the migrants under agreements with their employers. The persons, authorized by the migrants, can also pay back the loans on installments.

“A total of 5,00,000 workers from Bangladesh will get jobs in Malaysia in the next five years. Each of the migrants can have loan from the Expatriate Welfare Bank,” the Bank’s Managing Director CM Koyes Sami told BSS.

News: The Daily Sun/Bangladesh/25-Nov-12