Meghna Bank

Meghna Bank Limited

Phone: +88 02 9856881
Fax: +(880 2) 9857124, 9857128
Email: info@meghnabank.com.bd
Name

Meghna Express Loan

Description
Meghna Express Loan is a secured loan (EMI based/overdraft) which is allowed against cash securities.
Tenure
-For Overdraft – 12 months (renewable)
-For EMI based Loan – upto 36 months for loan amount upto 2 lacs
-For EMI based Loan – upto 60 months for loan amount above 2 lacs
Eligibility
Any individual or company can avail this facility.
Conditions
-MEGHNA Regular Fixed Deposits
-All MEGHNA Deposit Schemes
Details
You will have quick loan processing & disbursement facility.
You don't need to pay any processing fees/charges.
You will be earning interest on the securities deposited (under lien) while enjoying credit facilities.
You can avail Loan/Overdraft Limit up to 90% of face value / deposited amount of the instrument / account.
Minimum loan/overdraft limit is BDT 50,000.00.

SECURITY DOCUMENTATION

DP Note
Letter of Continuity
Letter of Disbursement
Letter of Lien & Off-set
Memorandum of Deposit of Securities
Letter of Authority to encash securities
Personal Guaranty (in case of third party security)
Duly discharged instrument (where applicable)
Any other securities (as required).
Featured
Yes
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