One Bank Personal Loan
A type of loan used to fund household expenses as well as purchase personal or household assets for the purpose of improving our basic living conditions and becoming financially sound. Generally, a personal loan is a loan from a bank, credit union, or online lender that you have to pay back in fixed monthly installments that last between two and seven years.
What is a personal loan?
A personal loan is usually a loan where a person borrows money for personal needs or to help the family.
Personal loans have three general components:
- An amount borrowed (principal)
- Evidence of the debt (promissory note)
- The cost of borrowing (interest rate).
When the customer meets a repayment condition and the loan is not repaid as agreed, the lender can use legal action to recover the money.
- An amount borrowed (principal)
- Evidence of the debt (promissory note)
- The cost of borrowing (interest rate).
Two types of personal loan information here which are given below:
One Bank OBL Personal Loan
It is any purpose a loan to change and meet your lifestyle needs.
Key Features of One Bank Personal Loan
- Loan amount: BDT 50,000 to BDT 20,00,000
- Loan Tenor: Up to 60
- Interest Rates: 9.00% for all customer segments of regular or takeover
- No processing fee for loan takeover from other banks/financial institutions.
Eligibility:
- Any Citizens of Bangladesh
- Customer segment:
- Premium Payroll Segment (PPS)
- Executive Plus Segment (EPS)
- Professional/ Other Salaried Executive
- Landlord
- Businessman/General/ Others.
- Applicants’ age: 21 to 65 years.
- Professional Experience:
- Salaried: Regular/Permanent employee with minimum 1 year of total experience and minimum 6 months with present employer
- Professionals: At least 2 years of practice in the respective profession
- Business Individuals & Land Lord: Minimum 2 years in the present line of business.
- Minimum Gross Monthly Income:
- Salaried Executives: Minimum BDT 25,000
- Professionals, Business Individuals & Land Lord: Minimum BDT 50,000.
Read: One Bank OBL Protect Personal Loan
Key Features of One Bank Protect Personal Loan
- Loan amount: BDT 50,000 to BDT 20,00,000
- Death Coverage: 100 % of Outstanding Balance
- Permanent Disability Coverage: 100% of Outstanding Balance
- Loan Tenor: Up to 60
- Interest Rates: 9.00% for all customer segments of regular or takeover
- No processing fee for loan takeover from other banks/financial institutions.
Eligibility:
- Any Citizens of Bangladesh
- Customer segment:
- Salaried Executive
- Landlord
- Businessman.
- Applicants’ age: 21 to 59 years.
- Professional Experience:
- Salaried: Regular/Permanent employee with minimum 1 year of total experience and minimum 6 months with present employer
- Professionals: At least 2 years of practice in the profession and business
- Business Individuals & Land Lord: Minimum 2 years in the present line of business.
- Minimum Gross Monthly Income:
- Salaried Executives: Minimum BDT 25,000
- Professionals, Business Individuals & Land Lord: Minimum BDT 50,000.
Documents required for One Bank OBL Personal Loan
- National ID card
- Recent photographs of the applicants
- Trade License current and 02 years old
- Copy of photo ID business card, passport/National ID/driving license of the applicant
- Current utility bill of business house and residence of the applicant
- TIN certificate of the applicant
- Bank account statement if any
- Sanction Letter or statement of loan account of active loans
- Stock, Receivables and sales statement, etc
- Any other valid document reflects stability in the business.
They will ask the bank if they need the necessary documents for manufacturing or cottage loans.
FAQs on One Bank OBL Personal Loan
Q: What is the maximum loan amount of One Bank OBL Personal Loan?
A: The maximum loan amount for One Bank OBL Personal Loan is BDT 20 lac.
Q: What is the maximum time for loan repayment?
A: The maximum repayment period for One Bank OBL Personal Loan is 60 months.
Q: Who can take this loan?
A: Any eligible citizen of Bangladesh can avail of this loan.
Q: Is there any fee to apply for the loan?
A: Yes, there is a fee applicable for loan application.
Q: What are the general components of an OBL Personal Loan?
A: The general components include the amount borrowed (principal), evidence of the debt (promissory note), and the cost of borrowing (interest rate).
Q: What is the customer segment for OBL Personal Loan?
A: The customer segment includes salaried executives, landlords, and businessmen.
Q: Where can I apply for the One Bank OBL Personal Loan?
A: You can apply for the One Bank OBL Personal Loan at any branch of One Bank. The application will be approved at the nearest branch to the loan recipient.
Q: What is the contact address for retail banking of One Bank Office?
A: Retail Banking Division
Jalalabad Bhaban (4th Floor)
22, Kawran Bazar C/A
Dhaka-1215, Bangladesh