Jamuna Bank Personal Loan
Loan Features
- Purpose: Any lawful purpose acceptable to the Bank.
- Loan Size: Minimum Tk. 1 lac and Maximum Tk. 20 Lac.
- Loan Tenor: Maximum 5 years.
Jamuna Bank Personal Loan Eligibility
- Age: Minimum age 21 years, Maximum age 60 years.
- Minimum Monthly Net Income:
- Salaried Person: Tk. 40,000/- per month.
- Landlord: Tk. 50,000/- per month.
- Professional: Tk. 60,000/- per month.
- Businessman: Tk. 80,000/- per month.
- Length of Experience:
- Salaried Person: Regular/Permanent employee with minimum 1 year of total experience and minimum 6 months with the present employer.
- Professional/Self-employed person: Minimum 2 years of practice in the respective profession.
- Businessman: Minimum 2 years of business establishment with a valid Trade license.
- Landlord/House Owners: Minimum 1 year in house renting and taxpayer.
Required Documents
- National ID Card.
- Passport Size Photographs.
- Bank Account Statements (Minimum 06 Months).
- Income and Professional Proof:
- For Service holder: Letter of introduction from employer/Salary Certificate/Pay Slip/Employment ID Card.
- For Professional: Copy of professional certificate.
- Landlord: Copy of Rental Agreement/Rent Receipts/Title/ownership documents of rented property.
- Businessman: Trade License.
- Others Income: Proof of income.
- Personal Guarantee.
- ETIN Certificate with Up to date Tax return submission receipt (if applicable).
- Copy of a utility bill of contact address/permanent address.
- Supplier’s/Seller’s quotation.
FAQs on Personal Loan
Q: Who can avail Personal Loan?
A: Salaried Individuals, Professionals (Doctor, Engineer, Architect, FCA, CA, etc.), Businesspersons, Self-employed individuals, Landlords/Landladies/House Owners.
Q: What is the minimum and maximum loan amount for Personal Loan?
A: Minimum BDT 1,00,000 and Maximum BDT 20,00,000 only.
Q: What is the minimum and maximum loan tenor for Personal Loan?
A: Minimum 12 months to Maximum 60 months.
Q: What is the minimum and maximum age to apply for Personal Loan?
A: Minimum 21 years and Maximum 60 years or retirement age (for salaried person) whichever comes first at the time of loan expiry.
Q: What is the minimum service length with the current organization for salaried individuals to apply for Personal Loan?
A: At least 6 months.
Q: What is the total service/business length of the applicant to apply for Personal Loan?
A: – Salaried Person: Regular/Permanent employee having minimum 1 year of total experience and minimum 6 months with the present employer.
- Professional/Self-employed person: Minimum 2 years of practice in the respective profession.
- Businessman: Minimum 2 years of business establishment and having a valid Trade license.
- Landlord/Landlady/House Owners: Minimum 1 year in house renting and taxpayer.
Q: What is the minimum income of the applicant to be eligible for Personal Loan?
A: – For Salaried Individuals: BDT 40,000/-
- For Professionals: BDT 60,000/-
- For Business Individuals: BDT 80,000/-
- For Landlords/Landladies/House Owners: BDT 50,000/-
Q: I am already a loan payer. Am I eligible for Personal Loan?
A: Yes, but it depends completely on your existing EMI’s regularity and if the proposed/new loan’s EMI matched with your present income.
Q: Can partial payment/early settlement be made anytime in Personal Loan?
A: Yes. Partial payment/early settlement can be made anytime. *Conditions Apply.
Q: What is the Interest Rate of Personal Loan?
A: As prescribed by the bank as per Bangladesh Bank’s Circular issued from time to time.
Q: What is the Fee & Charges of Personal Loan?
A: As per the prevailing schedule of charges of the bank.