City Express Loan from City Bank

City Express Loan from City Bank. City Bank is one of the oldest private Commercial Banks operating in Bangladesh. It is a top bank among the oldest five Commercial Banks in the country which started their operations in 1983. City Bank started its journey on 27th March 1983 through opening its first branch at B. B. Avenue Branch in the capital, Dhaka city. It was the visionary entrepreneurship of around 13 local businessmen who braved the immense uncertainties and risks with courage and zeal that made the establishment & forward march of the bank possible. City Bank is among the very few local banks which do not follow the traditional, decentralized, geographically managed, branch based business or profit model. Instead the bank manages its business and operation vertically from the head office through 4 distinct business divisions namely. City Express Loan from City Bank.

● Corporate & Investment Banking;

● Retail banking (including Cards);

● SME Banking; &

● Treasury & Market Risks

City Express Loan from City Bank

City Express Loan from City Bank:

City bank currently has 90 online branches and 1 SME service centers and 11 SME/Agri branch spread across the length & breadth of the country that include a full-fledged Islami Banking branch. Besides these traditional delivery points, City bank is also very active in the alternative delivery area. It currently has 140 ATMs of its own; and ATM sharing arrangement with a partner bank that has more than 550 ATMs in place; SMS Banking; Interest Banking and so on. It already started its Customer Call Center operation. City bank has a plan to end the current year with 200 own ATMs.

City Express Loan from City Bank

City Express Loan from City Bank:

City Express Cash is a fully secured and revolving facility for any legitimate purpose. The security for the loan should be ideally CBL FDR. Bank would finance against clients CBL FDR or other banks/NBFIs security.

City Express Loan is a fully secured and terminating (EMI Based) loan facility for any legitimate purpose. Bank would finance against clients CBL FDR or other bank FDR/NBFIs security. City Express Loan from City Bank

This is an any purpose secured loan for any legitimate purpose. So City Express Loan is easy to get from City Bank

Features of City Express Loan from City Bank:

● Minimum loan amount Tk. 50,000 & Maximum 90% of the Present Value of CBL FDR or any other security

● Quick processing

● Minimum documentation

● Loan tenor 12 to 60 months

● No guarantor required

● No hidden charges

City Express Loan from City Bank:

Processing fees of City Express Loan from City Bank:

● For express cash, 0.5% of approved limit

● For Express Loan, following slab wise fee will be applicable

● Up to Tk. 5 lac -Tk. 1000

● Up to Tk. 10 lac -Tk. 1500

● Above Tk. 10 lac -Tk. 2000

Eligibility of City Express Loan from City Bank:

● Age: 18 +

● Must be Bangladeshi

● Any eligible individual, who will provide the cash security

Reference by: City Bank City Express Loan