Dutch-Bangla Bank Personal Loan

Dutch-Bangla Bank Personal Loan is a single loan amount that you can use for any purpose. For example, you can use this personal loan to buy furniture, jewelry, medical treatment, wedding, or home renovation. Personal loans can be offered by banks, financial institutions, or online lenders. The money you borrow must be repaid over time with interest and principal.

What is DBBL Personal Loan?

A personal loan is a single loan amount that you can use for any purpose. These loans can be offered by banks, financial institutions, or online lenders.

Features of the Dutch Bangla Bank Personal Loan

• Interest rate: 8.50%
• Loan amount: 20 lac
• Take over interest rate: 8.00%
• Equated Monthly Installment (EMI) facility
• Early settlement facility
• Tenure: Up to 5 Years
• Easy monthly installment payment facility through DBBL’s Fast Track, ATM, and Mobile Banking.

Fee and Charge

Loan processing Fees for General Customers: All existing Personal Loans

• 0.50% for Loan Amount up to 50 Lac, Maximum. Tk15000
• 0.30 % for Loan Amounts above Tk. 50 Lac, Maximum Tk. 20000

Eligibility for the Dutch Bangla Bank Personal Loan

• Customer Segments:
  • Salaried Personnel, Self-employed Professional, Business Person, Landlord/ Landlady
• Age:
  • Minimum 18 Years
  • Max. 70 years or up to retirement age at the end of Loan Tenure.
• Experience:
  • Salaried Individuals: 1-2 years
  • Government, Semi-Government and Autonomous Bodies: 6 months
  • Businessmen: 2 years
  • Professionals: 6 months of service/ practice in the profession

Required documents

• Copy of National ID Card/ Valid Passport
• Latest TIN Certificate or Income Tax Return Acknowledgement Slip
• One copy recent photograph of passport size
• Last 6 months’ bank statement
• Copy of valid photo ID visiting card/ driving license
• Letter of Introduction (Original Copy) as per TBL Format (for Salaried Personnel)
• Certificates of Professional Expertise/ Qualification (such as MBBS & BMDC Certificate for Doctors) from concerned institution/ authority for Self Employed Professionals
• Trade License, MOA, Certified Copy of Form XII (Particulars of Directors) from RJSC, Certified Copy of Schedule X (List of Share Holders) of the Public / Private Limited Company for Business Person
• Ownership of the rented Property in the name of the Owner of the rented property for the Landlord / Landlady
• Personal guarantor
• Other documents necessary/applicable.

Frequently Asked Questions (FAQs) on Dutch Bangla Bank Personal Loan

Q: What is the purpose of the Dutch Bangla Bank Personal Loan?
A: The Dutch Bangla Bank Personal Loan serves various purposes including purchasing consumer durables, meeting medical, education, marriage, travel, festival expenses, house decoration or renovation, financing for professionals’ equipment/tools/machineries, office decoration items, or any other personal requirement.

Q: What is the maximum time for loan repayment?
A: The maximum time for loan repayment is 5 years.

Q: What is the interest rate for DBBL Personal Loan?
A: The interest rate for DBBL Personal Loan is 8.50%.

Q: What is the minimum loan amount?
A: The minimum loan amount is BDT 50,000.00.

Q: What is the maximum loan amount?
A: The maximum loan amount is BDT 20,00,000.00.

Q: What is the minimum age to apply for a Personal Loan?
A: The minimum age to apply for a Personal Loan is 18 years.

Q: What is the maximum age of the primary applicant?
A: The maximum age of the primary applicant is 70 years or retirement age, whichever comes first at the time of loan completion.

Q: What is the processing fee for the personal loan?
A: The processing fee for the personal loan is a maximum of 0.50% as per the schedule of charges of DBBL.

Q: What is the Early Settlement Charge in a personal loan?
A: The Early Settlement Charge in a personal loan is 0.50% of the settled amount.

Q: Can I apply online?
A: Yes, you can apply online. Click here for the online application.