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Shimanto Abashon

Shimanto Abashon: To introduce “Shimanto Abashon” facility for all type of general banking clients with exclusive benefits. Customer can take loan for buying or construction of Sami Pacca Building on his/her own property and transfer their existing house loan liabilities under this facility from other banks/FI too.

• Loan Tenure: Up to 15 years.
• Loan Amount: Up to 70% of the property value, with a maximum of BDT 40 Lac.
• Early Payment Options: Full or partial early payment of the loan before expiry.
• No Hidden Charges.
• Salaried individuals, businesspersons, self-employed professionals, landlords.

• Interest rate: 12.99% (New) and 12.25% for Take Over.

• Age criteria: Minimum 21 years, maximum 60 years at loan maturity.
• Minimum monthly income:
• Salaried: BDT 30,000.00/- Gross Salary
• Self-employed Professional: BDT 40,000.00/-
• Business/Landlords/others: BDT 50,000.00/-
• Work/Business experience:
• Salaried: Confirmed employment with at least 3 year of total work experience.
• Self-employed professionals: 3 years
• Businessperson: Minimum 3 years in operation.

• Common Documents:
• Latest 1-year personal bank statement.
• E-tin certificate/ Latest tax clearance certificate/return receipt of tax.
• Photocopy of National ID Card of applicant and Guarantor.
• Sanction letter and repayment statement of existing loans (if any).
• Visiting card or office ID
• Copy of utility bills (Electricity/Water/Gas, only for Landlords).
• For Salaried Individuals:
• Proof of Employment: Letter of Introduction (LOI).
• Salary details: Pay slip/salary certificate or cash vouchers for the last 3 months.
• For Businessperson:
• Trade license (up to date for the last 3 years).
• Rental/ownership deed of trading/factory premises.
• Registered partnership deed (for partnership concerns).
• MOA, AOA, Form- X & XII and Certificate of Incorporation (for limited companies).
• Latest offer letter of OD/CC/TR/Hypo etc.
• Latest Tax certificate of the company.
• Latest 1-year bank statement of the company
• Related license from concerned authority based on the business category.
• Additional Documents for Self-Employed Professionals:
• Professional certificate issued by respective authorized institution.
• Income declaration on individual chamber pad signed by applicant.
• Certificate of membership in a professional association
• Additional Documents for Landlords:
• Registered title deed with mutation copy
• Updated land tax receipt
• Rent receipts or rental deeds.
• Updated utility Bills
• Property Documents:
• Documents and agreements related to property ownership
• Approved plan copies from concerned authority
• Any other documents (if required)

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