Investment Scheme for Executives (ISE)
Special Features:
- To purchase household appliances, house renovation & interior decoration items permissible by Islamic Shariah;
- Maximum investment amounts up to Tk.20.00 lac;
- Flexibility in repayment up to 05 years;
- Competitive profit rate;
- Shortest turn around time in the industry;
- Early settlement (Fully & Partially) is allowed;
- Minimum documentation and formalities;
- No collateral security required;
- No hidden charge;
FAQ (Frequently Asked Questions)
Q. Who are the eligible Customers for Investment Scheme for Executives?
Q. Who are the eligible Customers for Investment Scheme for Executives?
- Any Bangladeshi salaried executives of Corporate Houses, Banks, NBFI, Multi National Company(s), Government Office & Semi-Government Office having at least 6 months’ experience after confirmation of the job can avail this facility.
Q. Is there any age limit to avail facilities under Investment Scheme for Executives?
- Yes, Minimum age 25 years and Maximum age 60 years/up to retirement age, but expiry date of the Investment Facility must not exceed that age.
Q. What is the minimum monthly income to avail the facility?
- Minimum Tk.25,000/-.
Q. What is the maximum investment limit for Investment Scheme for Executives?
- Maximum Tk.20.00 Lac or upto 20 times of Monthly Gross Salary, whichever is lower.
Q. What is Tenor for Investment Scheme for Executives?
- Maximum 05 years.
Q. What is the profit rate?
- Most competitive profit rate in the industry.
Q. How many guarantors are required?
- Two personal guarantees acceptable to the bank.
Q. What is the application procedure for Investment Scheme for Executives?
- Applicant have to contact with any Branch of SJIBPLC near to his/her present address.
Q. What are the necessary/required documents for Investment Scheme for Executives?
- Documents related to income/Profession
- NID, TIN, Passport Size photographs of the applicants
- guarantors' information with documents.