Housing Investment Scheme

Special Features:
  •   For purchasing/ construction/ renovation/ extension/ interior works of House/ Apartment and takeover of existing Housing Investment from any Bank / Financial Institution;
  •   Maximum investment amounts up to Tk.200.00 lac;
  •   Flexibility in repayment up to 20 years;
  •   Competitive profit rate;
  •   Shortest turn around time in the industry;
  •   Early settlement (Fully & Partially) is allowed;
  •   Minimum documentation and formalities;
  •   No hidden charge;

FAQ (Frequently Asked Questions)
Q. Who are the eligible Customers for Housing Investment Scheme?
  •   Employees of Government, Semi-Government, Autonomous Organizations, Banks, Financial Institutions, multinational, corporate bodies, any reputed Private & Non-governmental Organizations. Senior teachers of School, Madrassa College & Universities;
  •   Businessmen having valid trade license, TIN and sufficient income;
  •   Self-employed professionals like Doctors, Engineers, Architects, and Accountants. Landlord/ Landlady having sufficient cash flow from rental / other income, Wage Earners from abroad;

Q. Is any age limit for Housing Investment Scheme?
  •   Yes, allowable age limit should be from 20 years to 60 years, but expiry date of the Investment Facility must not exceed 65 year of the age.

Q. What is the investment limit for Housing Investment Scheme?
  •   Maximum Tk.200.00 lac.

Q. What is Tenor for Housing Investment Scheme?
  •   Maximum 20 years for purchasing and construction of New House / Apartment;
  •   Maximum 15 years for purchasing Old House / Apartment;
  •   Maximum 07 years for renovation / extension / interior works of House / Apartment.

Q. Is any Grace Period allowed?
  •   Yes, maximum 18 months may be allowed for construction.

Q. What is the profit rate?
  •   Most competitive in the market.

Q. What is the security for Housing Investment Scheme?
  •   Registered Mortgage with Registered IGPA of the property against which the investment will be sanctioned.
  •   Personal guarantee of applicant and his/her spouse.

Q. What is the application procedure for Housing Investment Scheme?
  •   Applicant have to contact with any Branch near to his/her project address.

Q. What are the necessary/required documents for Housing Investment Scheme?
  •   Documents related to property.
  •   Documents related to income.
  •   NID, Latest Tax Return Slip/Certificate, Passport Size photographs of the applicants.