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OBL Personal Loan
OBL Personal Loan has come to change and meet your lifestyle needs. It is an any purpose terminating loan facility with minimal documentation and competitive interest rate
 
Features:
Loan amount ranges from BDT 50,000/- to BDT 20,00,000/-
Repayment tenure: Up to 60 months
Interest rate:
 
Customer Segment Regular Takeover
Premium Payroll Segment (PPS) 9.00% 9.00%
Executive Plus Segment (EPS) 9.00%
Professional/ Other Salaried Executive* 9.00% 9.00%
Landlord* 9.00% 9.00%
Businessman/General/ Others* 9.00% 9.00%
Minimal documentation
No processing fee for loan takeover from other bank/financial institution
 
Eligibility:
Any credit worthy individual having age between 21 to 65 years or retirement age whichever is earlier at loan maturity
 
Professional Experience:
Salaried Executives: Regular/Permanent employee with minimum 1 year of total experience and minimum 6 months’ with present employer
Professionals: Minimum 2 years of practice in the respective profession
Business Individuals & Land Lord: Minimum 2 years in present line of business
 
Minimum Gross Monthly Income:
Salaried Executives: Minimum BDT 25,000/-
Professionals, Business Individuals & Land Lord: Minimum BDT 50,000/-
 
Note:
Interest rate for OBL Protect-Personal loan will be 0.5% lower from respective interest rate of personal loan for all segments.
In case of cash back security (50% & above), respective rate will be 0.5% less from regular rate for all loan segments but not lower than 9.99%. If the entire loan amount is 90% of cash back security, respective rate will be 1% less from regular rate for all loan segments but not lower than 9.99%. Cash back security refers to OBL FDs, DPS schemes and OBL issued Govt. Bond (i.e. WEDB, USD PB, etc.) as declared by Bangladesh Bank from time to time.
* In case of appropriate security, respective rate will be 0.5% less for regular loan for the specific segments. Appropriate security may be considered as MDTD (Memorandum deposition of title deed)/ RM (Registered Mortgage) of land/ flat/ floor space/ building, etc. and hypothecation of vehicle.
 
Loan Products