Home Loan From BRAC Bank Limited

Home Loan From BRAC Bank Limited. BRAC Bank Home Loan (Apon Ghar) is different to other bank. This loan is easy to get from this bank. Brac Bank home loan to this service is very good so in this purpose I suggest Home Loan (Apon Ghar) of BRAC Bank Ltd. BRAC Bank Apon Ghar provides your personal bank representative for information search till moving into the home. This Bank also financing for the purpose of under-construction / semi-completed / completed / secondhand Apartment of any house. 24 hours banking facilities. Home Loan From BRAC Bank Limited.

Home Loan From BRAC Bank Limited

Home Loan From BRAC Bank Limited:

Home loan product the most convenient & practical Loan that suits your all home financing needs. Let it be for apartment purchase, home construction, extension or renovation – any Bank of Bangladesh is here with the ultimate solution for you. With so many attractive features in it – the home you wanted to buy, or to extend the existing one or renovate the same is no longer a distant dream. You personal bank provide representative for information search till moving into helps find a home suitable for you taste, budget and area. Home Loan From BRAC Bank Limited.

Home Loan From BRAC Bank Limited:

Home Loan for the purpose of

● Flat/Apartment Purchase

● House construction / Extension / Renovation / Up-gradation/ Face uplifting / finishing work

● Takeover of existing home loan from any bank / financial institution

● Interior

● Furniture & Soft Furnishing

● Home Appliance

● Color & Window Treatment

● Light & Floor

Customer Segment & Eligibility to get Home Loan:

Salaried Individuals

● Total Job Experience is minimum 3 years & must be permanent in current job

● Minimum income is BDT 25,000/-

Businessmen / Self Employed Individuals / Landlords:

● Owner / Director of Proprietorship / Partnership / Private Limited Company

● Total Business Experience is minimum 3 years

● Minimum income is BDT 30,000

Product Features of Apon Ghor of Brac Bank:

Owner of the property must be the main borrower

Mortgaged property must be located within the metropolitan area of Dhaka, Greater Dhaka where RAJUK Plan is available, Chittagong & Sylhet

Applicants must be permanent resident of Bangladesh

Minimum age 25 years & maximum age 65 years at the time of maturity

Competitive Interest Rate

Maximum loan tenor is 25 years

Processing Fees & Other Charges for Home loan of Brac bank: 

■ Loan up to BDT 15 Lac is @ 2% on loan amount + VAT

■ Loan above BDT 15 Lac is @ 1.5% on loan amount + VAT

■ For Take Over cum Home Credit loan 1% on loan amount + VAT

■ In case of Takeover, processing fee is 0.50% of loan amount +VAT

■ Valuation charge @ 3500 + VAT in addition to the processing fee

■ Security replacement Fee – BDT 10,000 + VAT

■ Quotation change Fee – BDT 1,000 + VAT

Early Settlement & Rescheduling Fees of Home loan Brac bank:

Early settlement Fee:

■ 2% of outstanding if settled within first 2 year + VAT

■ From 3rd to 4th year 1.5%+VAT on outstanding

■ From 5th year 1%+VAT on outstanding

■ Rescheduling fee due to Interest Rate change / Tenor change – 0.25% + VAT of outstanding or maximum Tk 10,000 + VAT whichever is lower.

■ Date rescheduling fee Tk 2000+VAT each time

Partial pre-payment & fees:

■ Minimum partial pre-payment amount is BDT 1,00, 000

■ 2%+VAT on pre-payment amount within first 5 years

■ 1%+VAT on pre-payment amount after 4 years

■ 1.5% + VAT on pre-payment amount between 3rd to 4th years

Common Documents:

■ Latest 01year personal bank statement

■ Latest Tax Clearance Certificate (where applicable)

■ Photocopy of National ID card / Passport

■ Allotment Letter/ Allotment Agreement/ Byna Deed for Home Loan

■ Registered ownership deed for Home Credit / Take over Loan

■ Price quotation for Home Credit Loan

Salaried Individuals:

■ Letter of Introduction (LOI)

■ Latest 01 year salary account statement

Home Loan From BRAC Bank Limited:


Trade License for last 3 years

Latest 1 year bank statement of the company

Registered partnership deed for Partnership Company

MOA+ Certificate of Incorporation+ Latest Schedule X for Private Limited Company

Self-Employed:Land Lord:

■ Certificate of membership of respective professional association

■ Declaration on self-pad along with seal

■ Certificate of Professional degree

■ Registered ownership deed

■ Rental deed

■ Copy of any utility bill (Electricity/ Water/Gas)

Reference : Brac Bank Apon Ghor