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HIGH LIMIT
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LOW INTEREST
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EASY PURPOSE
What are the features of Meghna Bank Home Loan?
Meghna Bank offers a wide range of Home Loan options that gives you a complete solution for your Dream Home. Meghna Bank ensures easy & quick process to make your dream come true.
- Purpose:
- Purchase/Construction of residential apartments.
- Purchase/Construction of residential buildings.
- Renovation of apartment.
- Renovation and extension of residential building.
- Construction/Renovation of Semi-Pacca House.
- Maximum Loan Amount: BDT 75 Lac (Construction/Renovation of Semi-Pacca House) BDT 1 Crore (Renovation of Apartment/Building) BDT 2 Crore (in all other cases)
- Maximum Age: 65 years or retirement age (whichever is earlier)
- Processing Fee: 1% on loan amount for new loans.
- 0.5% on Top up amount only for Top up/ Enhancement of existing MGBL Home Loan.
- Loan facility upto 60% of Property Value.
Who are eligible for Meghna Bank Home Loan?
- Salaried Individuals, Professionals, Land Lord/ Land Ladies, Self-employed Professionals, Businessmen, Mariners, Land Lard and Wage Earners are allowed to apply.
- Minimum Income:
| Customer Segment | Minimum Income (Metropolitan) | Minimum Income (Outside of Metropolitan) |
| Permanent employees of MNC, Large Local Companies, BCS Cadre, Foreign NGOs, UN bodies, Embassies, Bank, FI, High Officials of Insurance, Faculties of Government owned Universities, Medical Colleges, Salary account with MGBL. | BDT 30,000 | BDT 25,000 |
| Other Salaried Employees | BDT 40,000 | BDT 35,000 |
| Doctors | BDT 30,000 | BDT 25,000 |
| Other Professionals | BDT 40,000 | BDT 35,000 |
| Businessmen | BDT 50,000 | BDT 45,000 |
| Landlord | BDT 40,000 | BDT 35,000 |
| Mariners | BDT 50,000 | BDT 45,000 |
| Wage-Earners | BDT 50,000 | BDT 45,000 |
What is the Maximum Tenor of the Loan?
Minimum Loan Tenor 12 months
| Type of Loan | Segment | Tenor in Year(Max) |
| Purchase of Apartment/Building | Salaried | 25 |
| Professional & Others | 20 | |
| Businessman & Mariners | 15 | |
| Land Lord | 20 | |
| Wage Earners | 10 | |
| Construction and Extension of Apartment/Building | Salaried | 20 |
| Professional & Others | 20 | |
| Businessman & Mariners | 15 | |
| Land Lord | 20 | |
| Wage Earners | 10 | |
| Renovation of Apartment/Building | All segment | 10 |
| Takeover | All segment | 20 |
| Construction/Renovation of Semi-Pacca House | All segment | 15 |
- Grace Period:Maximum 12 Months (For Apartment Purchase or Construction/Renovation of Building) Maximum 06 months (For Construction or Renovation of Semi-Pacca House)
What is about Co-Applicant/Guarantor and Reference?
- For all loan cases, co applicant is mandatory. Co applicant will be spouse, Father/Mother. Siblings are not allowed as Co-applicant/Joint Applicant.
- Property owner must be applicant/co-applicant/vice-versa.
- Single application may be allowed with justified reason. In case of single application personal guarantee is mandatory. Personal guarantor’s criteria will be similar to borrower’s criteria.
- Two references are mandatory (One from relative and one from friend or professional friend).
Required Documents:
- Two copies of recent size photographs.
- Photocopy of National ID.
- Copy of Latest Tax Clearance Certificate or E-TIN Certificate.
- Bank Statement for last 12 months with reflection of salary/Professional Income/Business Turnover/Rental Income.
- Copy of latest utility bill.
- Loan statement and Loan Sanction Letter (if any)
- Latest Salary Certificate
- Copy of Office ID/Business Card (if any)
- Valid Trade License (Current & Previous years)
- Partnership deed for partnership business/MoA, AoA, up to date schedule X and Form XII for Limited Company.
- Copy of Professional and/or Registration Certificate.
- Copy of ownership deed with rental agreement from where rent is generated.
- Ownership/Lease Deed.
- Bia deed for last 25 years.
- Mutation Khatian with DCR (Duplicate Carbon Receipt).
- Up to date Land Tax Receipt.
- UP to date Non Encumbrance Certificate (NEC)
- CS/RS/SA/PS/BS Khatians
- Recent Survey Report/Math Parcha/City Jorip
- Municipal Holding Tax Payment Receipt
- Approved Layout Plan with approval letter from concerned authority.
- Agreement & IGPA between Landowner and developer (in case of flat purchase)
- Agreement & IGPA between Landowner and developer (in case of flat purchase)
- In case of lease holding property mortgage permission from concerned authority to be obtained before disbursement.
Monthly E-Statement
Keep track of your finances with monthly e-statement that is accessible 24/7 via E Statement .
Easy Access
Access and manage your account through Internet Banking Web App or Internet Banking Mobile App, ATMs and branches
* Terms & Conditions applied
Meghna Bank may ask for any other documents if necessary
- Minimum processing fee
- No hidden charges
* To know the updated fee and charges, please visit your nearest Meghna Bank Branch or call to our 24 hours call center
