HOME LOAN SCHEME

BD Finance Home Loan available for:

  • Purchase of Apartment/House;
  • Self-construction;
  • Renovation of existing House/Apartment;
  • Purchase of commercial space and chamber for professionals.
  • Project Finance for Developer Company

Advantages of BD Finance Flexible Home Loans:

  • Maximum Funding;
  • Attractive rate of interest;
  • EMI on monthly reducing balance;
  • Personalized doorstep service;
  • Simple documentation;
  • Legal and technical assistance;
  • Balance transfer facility.
  • No hidden charge.

Features of BD Finance Home Loan:

  • Tenor of a home loan can be up to 15 years for a resident individual (salaried &self employed professional) whereas for self employed subject to maximum age of 70 years at termination of loan.
  • Normally, loan can be applied for a maximum of 70% of the property value. However, the loan limit is determined based on the repayment capacity of the customer, as assessed by BD Finance.
  • Registered mortgage of the property treated as collateral security against the finance. It may be mention here that BD Finance will keep the title deeds and other related documents of the mortgage property.
  • Title deeds and other documents of the property should be cleared and free from all encumbrances, i.e. without any pending legal litigation adversely affecting the ownership of the property.

Eligible Home Loan Borrower of BD Finance:

Home Loans can be availed by Resident of Bangladeshi whether salaried or self-employed. The following are the eligibility norms:

  • You must be at least 21 years of age when the loan is sanctioned.
  • The loan must terminate before or when you turn 65 years of age or before retirement, whichever is earlier.
  • You must be employed or self-employed with a regular source of income.

How to apply in BD Finance:

One can collect an application form from BD Finance as free of cost. You have to fill up the application form with the relevant information of yourself and your co-applicant (If any). Usually the spouse of the applicant is become a guarantor of the loan. You can process your loan with the help of our skilled loan promotion team.