| OBPLC Protect - Personal Loan is an unsecured and terminating loan facilities (EMI based) for any legitimate purpose with Life Insurance coverage and competitive interest rate. |
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| Features: |
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Loan amount ranges from Tk.50,000 to Tk.20,00,000 |
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Death Coverage: 100 % of Outstanding Balance (Maximum BDT 20,00,000 per life) |
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Permanent Total Disability Coverage: 100% of Outstanding Balance (Maximum BDT 20,00,000 per life) |
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Loan tenor ranges from 12 to 60 months |
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Interest rate: |
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| Salaried - 9.00% |
| Businessman - 9.00% |
| Landlord - 9.00% |
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Minimal documentation |
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| Eligibility: |
| Any credit worthy individual having age between 21 to 59 years. |
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| Professional Experience: |
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Salaried Executives: Minimum 2 years of experience with 6 months permanent employment with present employer |
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Professionals: Minimum 2 years of practice in the profession and business |
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Business Individuals: Minimum 2 years in present line of business |
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| Minimum Gross Monthly Income: |
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Salaried Executives: Minimum Tk 25,000 per month |
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Professionals, Business Person & Land Lord: Minimum Tk 50,000 per month |
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