MDB Secured Loan

DESCRIPTION

MDB Secured Loan delivers a fast and hassle free solution to your quick finance needs.

Title Details
Features  
  • Loan Amount ranges from BDT 50,000 to maximum 90% of Fixed Deposits/ Other Cash Securities
  • 100% cash secured loan
  • Repayment tenure of 12 months to 60 months
  • Competitive interest rate
  • Early full settlement allowed
  • No hidden charges
  • Quick loan processing
Eligibility  
  • Any individual (aged between 21 to 70 years) having an Fixed Deposit or other securities like Wage Earner's Bond, Monthly Savings Scheme etc. are eligible to apply.

Tenure :
  • Maximum 5 (five) years
Purpose :
  • Finance against Fixed Deposits/ Other Cash Securities
Benefit :
  • Early full settlement allowed
Taxes, Duty, Surcharges :
  • As per NBR circular
Highest Amount :
  • Bank will finance from BDT 50,000 to maximum 90% of Fixed Deposits/ Other Cash Securities

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