Home Webmail     Products & Services   Site Shortcuts Branch Locations   ATM Locations   Forms Center     Site Tools Bookmark This Page   Print This Page   Send to Friend       Retail Banking Unsecured Loans Product Name Personal Loan Target Customer Employees of reputed Local Corporate, MNCs, NGOs, Airlines, Private Universities, Schools and Colleges, International Aid Agencies and UN bodies, Government Employees, Self-employed Professionals (Doctors, Engineers, Chartered Accountants, Architects, Consultants), Businessmen. Purpose Marriages in the family, Purchase of office equipment / accessories, Purchase of miscellaneous household appliances, Purchase of Personal Computers, Purchase of audio-video equipment, Purchase of furniture. Loan Amount Minimum Tk. 25,000.00 Maximum Tk. 5,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 2000.00 whichever is higher Tenor Min 12 months Max 36 months Rate of Interest 14.50% p.a. - 17.50% p.a. Security Hypothecation of the product to be purchased. Two personal guarantees (as per our list of eligible guarantors) Product Name Auto Loan Target Customer Employees of reputed Local Corporate, MNCs, NGOs, Airlines, Private Universities, Schools and Colleges, International Aid Agencies and UN bodies, Government Employees, Self-employed Professionals (Doctors, Engineers, Chartered Accountants, Architects, Consultants), Businessmen Purpose To purchase Brand new vehicle, non-registered reconditioned vehicle Loan Amount 70% for the brand new car 60% for the reconditioned car but must not exceed BDT 10,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 5000.00 whichever is higher Tenor For Reconditioned Car: Max 36 months For Brand new Car: Max 60 months Rate of Interest 14.50% p.a. - 17.50% p.a. Security Hypothecation of the vehicle to be purchased. Two personal guarantees (as per our list of eligible guarantors) Product Name Easy Loan (For Executives) Target Customer The loan is specially designed for salaried people who are employed in different reputed companies Purpose Marriages in the family, Purchase of office equipment / accessories, Purchase of miscellaneous household appliances, Purchase of Personal Computers, Purchase of audio-video equipment, Purchase of furniture, Advance rental payment, Trips abroad, Admission/Education fee of Children etc. Loan Amount Minimum Tk. 50,000.00 Maximum Tk. 3,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 1000.00 whichever is higher Tenor Min 12 months Max 36 months Rate of Interest 16.00% p.a. Security Letter of confirmation from the employer. One personal guarantee (as per our list of eligible guarantors) Product Name Gold Grace - Jewellery Loan Target Customer Both female & male employees may apply viz. employees of reputed Banks & Leasing companies, reputed Local Corporate, MNCs, NGOs, Airlines, Private Universities, Schools and Colleges, International Aid Agencies and UN bodies. Government Employees. Self-employed Professionals (Doctors, Engineers, Chartered Accountants, Architects, Consultants). Businessmen with a reliable regular source of income. Purpose To purchase ornaments/Jewellery for personal use Loan Amount Minimum Tk. 50,000.00 Maximum Tk. 3,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 1000.00 whichever is higher Tenor Min 12 months Max 36 months Rate of Interest 16.00% p.a. Security Letter of confirmation from the employer. Personal guarantee from the parents and spouse (if married) Product Name House/Office Furnishing/Renovation Loan Target Customer Expatriate Bangladeshi nationals who are in business or service holders. Employees of reputed Banks & Leasing companies, reputed Local Corporate, MNCs, NGOs, Airlines, Private Universities, Schools and Colleges, International Aid Agencies and UN bodies. Government Employees. Self-employed Professionals (Doctors, Engineers, Chartered Accountants, Architects, Consultants). Reputed and highly respectable Businessmen with a reliable source of income Purpose House/Office Furnishing/ Renovation, For interior decoration / Titles Stones, Electrical fittings, wooden cabinets / Overall furnishing and all types of House/Office Renovation, purchase/furnishing of apartments etc. Loan Amount Minimum Tk. 1,00,000.00 Maximum Tk. 10,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 2000.00 whichever is higher Tenor Min 12 months Max 48 months Rate of Interest 16.50% p.a. Security Title deed of the House/Office to be furnished/renovated along with memorandum of deposit of title deed duly supported by a notarized power of attorney to be kept by the bank as a matter of comfort. Two personal guarantees (as per our list of eligible guarantors). Registered mortgaged of the property if the loan amount is more than Tk. 5.00 lac Product Name Staff Loan Target Customer All permanent employees of ABBL Purpose Marriages in the family, Purchase of office equipment / accessories, Purchase of miscellaneous household appliances, Purchase of Personal Computers, Purchase of audio-video equipment, Purchase of furniture Loan Amount According to the debt burden ration and other criteria Charges Processing fee: 1% on the approved loan amount Tenor Min 12 months Max 36 months Rate of Interest 15.50% p.a. Security Hypothecation of the product to be purchased Product Name Education Loan Target Customer Students Criteria:   • Students of reputed Educational Institutes, such as Public & Private Universities, Medical Colleges & Engineering Institute.   • Undergraduate & Post graduate Level   • Professionals degrees (Chartered Accountants (CA), Cost & management Accountants (CMA), Marine, MBM, MBA)   • Doctorate degree (PhD), FCPS etc.   • Occupation: Student   • Minimum Age: 17 years   • Maximum Age: 40 years   • Educational Qualification: Minimum HSC/A-Level Pass. Parents Criteria:   Service Holder:      • Individuals with ranks equivalent to Senior Assistant Secretary or higher would qualify guarantor      • Bank officials (Equivalent to Senior Principal Officer of NCBs, AVP / Branch Manager of Local and Foreign banks) and Department Head of Multinational Company or established Local Corporate. Guarantors must be accepted by the Branch Manager / Head Office.   Businessman:      • Well reputed and widely respected Self-employed professionals Purpose To Financially Assist The Parents: Admission/Education Fees, Semester Fees, Study abroad Loan Amount Minimum Tk. 50,000.00 Maximum Tk. 3,00,000.00 Charges Application fee: Tk. 500.00 Processing fee: 1% on the approved loan amount or Tk. 1000.00 whichever is higher Tenor Min 12 months Max 36 months Rate of Interest 14.50% p.a. - 16.00% p.a. Security One personal guarantees (as per our list of eligible guarantors) Secured Loans Product Name Personal Loan Target Customer All Clients of ABBL Purpose To meet personal requirement of fund Loan Amount Maximum 95% of the present value of the security Charges Processing fee: Tk. 1000.00 Tenor Min 12 months Max 36 months Rate of Interest 13.50% p.a. - 16.50% p.a. (subject to type of the security). 2% spread must be maintained in case of own bank FDR Security Lien over FDR, BSP, ICB Unit Certificate, RFCD, NFCD, CD account(s) etc. One personal guarantee in case of third party cash collateral (as per our list of eligible guarantors) Product Name Personal Overdraft Target Customer All Clients of ABBL Purpose To meet personal requirement of fund Loan Amount Maximum 95% of the present value of the security Charges Processing fee: Tk. 1000.00 Tenor Revolving with annual review Rate of Interest 13.50% p.a. - 16.50% p.a. (subject to type of the security). 2% spread must be maintained in case of own bank FDR Security Lien over FDR, BSP, ICB Unit Certificate, RFCD, NFCD, CD account(s) etc. One personal guarantee in case of third party cash collateral (as per our list of eligible guarantors)   Home | About Us | Products & Services | Performance | Customer Services | Contact Us   AB Bank Limited, BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000 Phone: +880-2-9560312 Fax: +880-2-9555098 Email: info@abbank.com.bd Disclaimer | Privacy Policy | Terms & Conditions © Copyright AB Bank Limited. All rights reserved.