Cautionary notice against illegal online forex trading/dealing | Disclosures on Risk Based Capital (Basel-III)
 
OBL Protect - Personal Loan
OBL Protect - Personal Loan is an unsecured and terminating loan facilities (EMI based) for any legitimate purpose with Life Insurance coverage and competitive interest rate.
 
Features:
Loan amount ranges from Tk.50,000 to Tk.20,00,000 and maximum loan limit is Tk. 3,00,000/- for Business Person
Death Coverage: 100 % of Outstanding Balance (Maximum BDT 20,00,000 per life)
Permanent Total Disability Coverage: 100% of Outstanding Balance (Maximum BDT 20,00,000 per life)
Loan tenor ranges from 12 to 60 months
Interest rate:
 
 
Salaried - 9.00%
Businessman - 9.00%
Landlord - 9.00%
Minimal documentation
 
Eligibility:
Any credit worthy individual having age between 21 to 59 years.
 
Professional Experience:
Salaried Executives: Minimum 2 years of experience with 6 months permanent employment with present employer
Professionals: Minimum 3 years of practice in the profession and business
Business Person & Land Lord: Minimum 3 years in present line of business
 
Minimum Gross Monthly Income:
Salaried Executives: Minimum Tk 25,000 per month
Professionals, Business Person & Land Lord: Minimum Tk 50,000 per month
 
 
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