City Double Loan
Name
|
City Double Loan |
Category |
Secured Loan |
Description |
City Double is a unique loan facility where your fixed deposit in City Bank or in any other financial institution will now allow you to avail two loans at the same time from us – one as overdraft (up to 95% of FD value) and other as an EMI loan (up to Tk. 10 Lacs). |
Benefit |
Fully secured loan in the for up to 95% of FD value – Unsecured loan for up to Tk. 10 Lac payable in Equal Monthly Installments (tenor ranging from 12 to 60 months). – Zero processing fee for the overdraft facility – Interest rate lower than other competitive products Loan Amount -Fully secured loan in the for up to 95% of FD value -Unsecured loan for up to Tk. 10 Lac payable in Equal Monthly Installments |
Tenure |
Tenor ranging from 12 to 60 months |
Eligibility |
Any credit worthy individuals like: salaried executives, professionals like doctors, architects, engineers, chartered accountants, consultants, IT professionals and businesspersons etc. can apply for this loan. |
Required Documents |
– City Bank fixed deposits – City Bank’s deposit scheme of minimum 2 years maturity attained – Wage Earner Development Bond/FDR of other eligible banks and financial institutions – Passport/National Identity/Driver’s License/Ward Commissioner’s Certificate with photo attached – 2 copies photograph of the applicant and 1 copy photograph of the guarantor (if availing unsecured loan portion) – Business card (if any) – Bank statement for last 6 months – Any document showing TIN – Trade license/Memorandum of Association/ Partnership deed for businessmen – Letter of Introduction (LOI) for salaried executives or pay slip if that covers major information of LOI – Copy of house ownership and rent agreement for landlord and landlady View All Loans By City Bank View All Loans By All Banks |