Home 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 and 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. Home Loan from City Bank.

Home Loan from City Bank

Home Loan from City Bank:

● Corporate & Investment Banking;

● Retail banking (including Cards);

● SME Banking; &

● Treasury & Market Risks

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.

Home Loan from City Bank

Home Loan from City Bank:

Your dream to build your own house is only a matter of choice. And when you do decide, City bank will help you make your dream come true. Introducing bank Home Loan from City Bank. City Bank Home Loan provides attractive financing for a new house or an apartment. You can also avail our Home Loan for renovation, facelift, extension and furnishing work in your existing house or apartment. Building profitable and socially responsible financial institution focused on Market and Business with Growth potential, thereby assisting of City Bank so Home Loan is built of life to any person. Home Loan from City Bank..

Features of Home Loan from City Bank:

● Loan amount BDT 3 Lac tmaximum BDT 1 crore

● Repayment tenor 1 year t25 years

● Financing upto 80% of property value

● Early settlement facility

● Faster processing of loan

● Loan against property

● No hidden cost

Home Loan from City Bank:

Eligibility of Home Loan from City Bank:

● Bangladeshi citizen within age limit of 22 years to 65 years

● Minimum income for primary applicant

● BDT 30,000/month for salaried & self-employed personal

● BDT 40,000/month for business person & other personal

●Minimum requirement of 2 (Two) years of experience for all professionals

● Salaried employee – Minimum 6 months permanent with current employer

●Contractual employee – Minimum 1 year of existing contract with current employer

Reference by: City Bank Home Loan