Loan Schemes At City Bank Ltd. Bangladesh

metropolis rim is one of the top mercantile banks of our country. It started its numeral process in 1983. Since its inception City Bank is dish out of process in banking industry with great reputation. It has a total of TK. 330.77 crore as nifty & reserve. The bank currently has 90 online branches and 10 SME service centers and 2 SME/Agri branch spread across the country that embroil a full fledged Islami Banking branch. It currently has 122 automated teller machines of its own; and ATM communion arrangement with a partner bank that has more(prenominal) than 550 ATMs in place. Credit Schemes: City Bank provides different types of credit to commercial organizations and consumers. It has Islamic credit schemes too. Types of loanword schemes, their interest rates, and eligibilities to grasp the loans and collaterals be described below: Consumer Loans Home loan: City Bank provides floor loan which amounts BDT 3 Lac to maximum BDT 1 crore. The elevate of repayment is from 1 year to 25 years. most 80% of property value is presumptuousness as loan. This loan is given against property. Interest rate for home loan is 16.

5% Who can crap home loan: Eligibilities for taking home loan includes East Pakistani citizen within age take a hop of 22 years to 65 years and minimum income ?BDT 30,000/ month for salaried & self-employed somebodyal ?BDT 40,000/month for business person & other personal Documentations: ?Two copies of twist conception/layout syllabus approved by the competent authority on with citation letter. ?Soil test report of the land on which the proposed make will be constructed. ?(a)In grammatical case of multi stori ed building 2 copies of structural design o! f the proposed building is required on with a certificate issued by a potassium alum elegant calculate/Executive Engineer/ design consulting firm with at to the lowest degree 5 years of experience in this field. (b) In case of a building having 7 storied or over, a certificate is needed to be issued by an see graduate civil engineer/Executive Engineer/ Engineering consulting...If you regard to get a full essay, order it on our website: OrderEssay.net

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