NRBC Bank Home Loan
Do you want to take home loan on easy terms? Then NRBC Bank Home Loan is for you. NRBC Bank covers a wide range of home loan facilities.
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| NRBC Bank Home Loan |
NRBC Bank Home Loan Features
- NRBC Bank offers home loans against the purchase of completed or under-construction apartments.
- Home loans are provided for construction of owned houses.
- Home loans are also given against house extension, decoration, renovation etc.
- NRBC Bank also provides home loans against unsecured institutions.
- NRBC Bank also offers home loans against balance transfer of existing home loans with NRBC Bank. That is, NRBC Bank provides home loans for purchase, construction, renovation of houses.
Amount of NRBC Bank Home Loan
NRBC Bank provides home loan for 70% of total assets.
NRBC Bank provides maximum home loan of Tk 1 Crore 20 Lakhs.
NRBC Bank Home Loan Tenure
NRBC Bank's home loan tenure ranges from 1 year to a maximum of 20 years. That is, you can repay the home loan within 1 to 20 years.
NRBC Bank Home Loan Application Criteria
To take home loan in NRBC Bank you have to apply jointly. That is, two members of your family should apply jointly.
You need to show a monthly income of Rs 70,000 to get a home loan from NRBC Bank.
NRBC Bank Home Loan Processing Fee
- NRBC Bank deducts 1% of the loan amount for home loan purpose processing fee and also deducts VAT and stamp charges.
- NRBC Bank deducts 24% penalty fee. If you miss an installment then a penalty fee of 24% is levied on that installment.
- If you wish to pre-pay you can pay pre-payment fee of 1% of the settlement amount along with VAT. That is, if you want to close the loan before your scheduled time or pay two installments together, then you have to make prepayment with 1% settlement fee for prepayment fee.
NRBC Bank Home Loan requirements
- NRBC Bank Home Loan provides this loan to salaried persons i.e. salaried persons, traders, professionals, landlords, landlords and other professionals.
- Salary person should be working in any reputed organization.
- If you are a businessman, you should have 3 years of experience in the same business.
- If you are practicing somewhere i.e. if you are a doctor, engineer or lawyer then you have to submit the information and data of 3 years experience of that practice.
- If you are a landlord or landlord, you must show rental income.
NRBC Bank Home Loan Required Documents
- Duly completed and signed application form.
- Photocopy of valid photo ID. ie, photocopy of NID or passport.
- Recent passport size photograph.
- Photocopy of latest Teen Certificate.
- Photocopy of utility bill for residential address verification.
- All other loan approvals if any. That is, if the loan has been taken from any other bank, its approval letter.
- Property ownership documents.
- Allotment or deed.
- Price quotation must be submitted.
Documents for salaried person
- Letter of introduction must be submitted.
- Salary certificate or pay slip should be submitted.
- Bank statement of last 6 months of salary account should be submitted.
For traders or businessmen
- Last 3 years trade license. Means 3 years trade license has to be filed for traders.
- Last 12 months bank statement should be submitted.
- A registered partnership deed has to be filed for a partnership firm.
- Certificate of incorporation must be submitted.
- Memorandum and Association Registration to be filed for limited liability companies.
- Copy of utility bill must be submitted for business address verification.
Documents for Private Practitioners, Doctors Engineers and Lawyers
- Photocopy of professional degree certificate to be submitted.
- Photocopy of membership certificate of concerned professional association should be submitted.
- Last 12 months bank statement should be submitted.
Read more about - Bank Asia personal loan
Documents for Landlords
- A rental agreement must be submitted.
- Proof of property ownership must be submitted.
- Last 12 months bank statement should be submitted.
If all these documents are properly with you, you will get home loan from NRBC Bank on easy terms. Contact any branch of NRBC Bank to get this attractive home loan of NRBC Bank.