Standard Chartered

Standard Chartered Bank

Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151
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Name

Home Loan

Category
Description
Standard Chartered Home Loan provides attractive financing for a new house or an apartment. You can also avail our Home Loan for renovation, facelift, extension and furnishing work in your existing house or apartment.
Benefit
* Very attractive variable interest rates
* No personal guarantee or cash security required
* No prior account relationship required with Standard Chartered
* Early settlement and partial prepayment options
* Loans against land value if building plan is approved by Rajuk or similar authorities
* Option to avail home loan in installments, based on the amount of down payment arranged at every step
* Option to pay only interest during construction period
Loan Amount
Up to BDT 10,000,000
Tenure
Up to 20 years
Interest Rate
Variable Interest Rate
Eligibility
* Professional Experience: At least three years of service/ professional/ business track records
* Income: Minimum monthly income of BDT 25,000
* Minimum Age: 25 years
* Maximum Age: 65 years at the end of the loan tenure or retirement ag
Conditions

* Financing available for up to 80% of property value
* Refinancing / loan takeover facility available
Supporting Documents
Registered mortgage in favor of Standard Chartered Bank, or equivalent securitization under Tripartite Agreement or Four party agreement
Details
Loan Processing Fee: 1.5% of the loan amount + 15% VAT on processing fee

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