BRAC Bank Dishari Personal Loan

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Teaching is not just a profession; it’s a noble calling that shapes the future. Recognizing the significant role teachers play in building good citizens, BRAC Bank proudly presents ‘Dishari,’ a unique personal loan tailored exclusively for Bangladeshi educators.

Special Features

Dishari is an unsecured personal loan designed for teachers in government, non-government, and MPO-listed schools and colleges, as well as those from BRAC Bank-listed universities and English Medium Schools. Here are some key features:

Maximum Loan Amount: BDT 20 lacs, repayable in up to 5 years.
Consideration of verified cash salary, tuition income, and salary income.

Eligibility

To qualify for Dishari, teachers need to meet the following criteria:

Age: Minimum 18 years and maximum 65 years.
Minimum Monthly Income: BDT 17000.
Minimum Total Work Experience: 6 months.

Interest Rate and Fees

Stay informed about the financial aspects:

Interest Rate: Aligned with Bangladesh Bank’s guidelines and BRAC Bank’s prevailing interest rate.
Processing Fee: Up to 0.50% of the loan amount.
Supervision Charge: 1% annually.
Other Fees: Applicable as per the retail loan Schedule of Charges.

Required Documents

For a seamless loan application process, ensure you have the following documents ready:

Photocopy of NID for both the loan applicant and guarantor.
One passport-size photograph each of the loan applicant and guarantor.
Latest Tax Clearance Certificate or Tax Return Receipt.
Proof of Employment: Letter of Introduction with Employment or Appointment Letter.
Pay slip/salary statement and/or cash voucher for the last 6 months.
Visiting Card/Office ID copy for both the loan applicant and guarantor (if applicable).
Utility bill copy as required.
Declaration mentioning approval for private tuition, if applicable.

Empower your financial journey with Dishari, an exclusive offering from BRAC Bank crafted to support and appreciate the invaluable contributions of our dedicated teachers.

FAQs: BRAC Bank Dishari Personal Loan

Q1: Who is eligible for the Dishari Personal Loan?
A: Dishari Personal Loan is exclusively available to teachers working in government, non-government, and MPO-listed schools and colleges, as well as teachers from BRAC Bank-listed universities and English Medium Schools.

Q2: What is the maximum loan amount and tenure for Dishari Personal Loan?
A: The maximum loan amount is BDT 20 lacs, and it can be repaid in up to 5 years.

Q3: What income sources are considered for Dishari Personal Loan?
A: Dishari considers verified cash salary, tuition income, and salary income for loan approval.

Q4: What are the eligibility criteria for Dishari Personal Loan?
A: Applicants need to be between 18 and 65 years old, with a minimum monthly income of BDT 17000 and a minimum total work experience of 6 months.

Q5: How is the interest rate determined for Dishari Personal Loan?
A: The interest rate is aligned with Bangladesh Bank’s guidelines and the prevailing BRAC Bank interest rate.

Q6: Are there any additional charges for Dishari Personal Loan?
A6: Yes, there is a processing fee of up to 0.50% of the loan amount, a supervision charge of 1% annually, and other applicable fees as per the retail loan Schedule of Charges

Q7: What documents are required for Dishari Personal Loan application?
A: Required documents include photocopies of NID for the loan applicant and guarantor, passport-size photographs, Tax Clearance Certificate, proof of employment, salary statements, office ID copies, utility bills, and a declaration for private tuition approval, if applicable.