City Bank

City Bank

Phone: +880-2-8813483, 8814375, 8813126
Fax: +88-02-9884446

City Scholar

City scholar is a unique education loan offered to fund higher studies not only in Bangladesh but also abroad. It offers up to 95% of you fixed deposit value as student loan or up to tk.10 lac on purely collateral-free basis. Now is the time to excel and outshine your peers. you too can be a city scholar.
- Secured overdraft facility –value can be up to 95% of the security deposit.
- Unsecured facility – loan amount up to Tk. 10 Lac
- Secured Equal Monthly Installments Facility – loan amount up to 95% of the security deposit
- Quick processing time
- Interest rate lower than other competitive products
- Student file service facility
Loan Amount
* Secured - up to 95% of the security deposit.
* Unsecured – loan amount up to Tk. 10 Lac
This education loan is designed to meet any type of educational financial need of a student. Any creditworthy individual can avail this loan facility for his/her offspring or for himself/herself.
Supporting Documents
- One valid Passpor copy of applicant and student (for study abroad)/ Driving License/ Voter ID
- Copy of College / University admission paper and proof of formal acceptance by student along with other documents (for abroad)
- 2 copies of photograph of the applicant and 1 copy photograph of the guarantor (if availing unsecured loan portion)
- Business card (if any)
- Copy of Tin related documents (TIN certificate in not mandatory)
- Letter of Introduction (in case of salaried executives) as per City Bank’s format or salary slip if that covers the major information of LOI
- Bank Statement for last 3 months for salaried persons and 6 months for professionals/businessmen for unsecured loans


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