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Friday, May 18, 2018

Education Loan (for executive) by AB Bank

Name

Education Loan (for executive)

Description
To assist Executives pursue Higher Studies/professional qualification at local/overseas institutions
Loan Amount
Tk. 50,000/- to Tk. 5,00,000/-
(upto Tk.Ten lac covered by tangible security acceptable to the bank)
Tenure
12 to 48 months
Interest Rate
14.50% p.a. – 17.50% p.a.
Conditions
Guarantee Personal guarantee of spouse/parents
Details
Charges Application fee: Tk. 500/-
Processing fee: 1% on the approved loan amount or Tk. 1000.00 whichever is higher

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