NRB Bank Loans
A retail loan is generally granted by a certified commercial bank, financial institution for the purchase of property, residence, personal vehicle or other assets such as essential electronics etc. Details of NRB Bank’s retail loan products are as follows:
NRB Bank’s Quick Loan
An EMI-Based secured credit facility for Resident & Non-Resident Bangladeshi. This is a Quick, Convenience, and easy way to meet financial needs in an emergency.
Loan Features
| Title | Details |
|---|---|
| Interest Rate | Competitive interest rate |
| Loan Amount | Loan ranges from BDT 50K to BDT 5 Crore |
| Loan tenure | 12 to 60 months |
| Payment Option | Equal Monthly Installment (EMI) |
| Settlement Option | Partial Payment & Early settlement option |
Eligibility Criteria
- Only Bangladeshi National
- Minimum Age: 18 Years
- Any individual having a Term Deposit or other securities is eligible to apply
NRB Bank’s My Loan
Loan Features
| Title | Details |
|---|---|
| Loan amount | Amount will be BDT 50,000 to maximum BDT 2,000,000 |
| Loan tenure | Tenure will be 12 to 60 months |
| Payment Option | Equal Monthly Installment (EMI) |
| Facility | Insurance facility |
Eligibility Criteria
- Minimum Age: 21 Years
- Any Citizen of Bangladesh
NRB Bank’s My Study Loan
Education is the backbone of the nation, so to achieve higher education in nation-building requires economic prosperity along with talent. Maybe most of the students have financial well-being but those who live in a poor families can easily continue their education if they want. Generally, various scholarships are given by the government, but they are not enough. That’s why one can complete academic or professional courses through loan schemes from banking institutions.
Loan Features
| Title | Details |
|---|---|
| Interest Rate | Attractive Interest Rate |
| Loan facility | EMI-based loan facility |
| Loan amount | Minimum BDT 50,000 to maximum BDT 10,00,000 |
| Processing fees | Fees as per SOC. |
| Early Settlement | Early Settlement / Partial Pre Payment is allowed |
| Student file service | Student File Services available |
Eligibility Criteria
- Parents or legal guardians of Bangladeshi students who intend to pursue higher education abroad
My Car – Auto Loan
A car loan or auto loan is money a consumer borrows from a bank to buy a car. A bank loan is generally an amount of money that is lent to an individual, a business, or another entity.
Loan Features
| Title | Details |
|---|---|
| Interest Rate | Attractive Interest Rate |
| Loan facility | EMI-based loan facility |
| Loan amount | Minimum BDT 300,000 to maximum BDT 400,0000 |
| Car loan value | Loan available up to 50% of car value |
| Processing fees | Processing fees as per SOC. |
| Early Settlement | Early Settlement / Partial Pre Payment is allowed |
Eligibility Criteria
- Any Citizen of Bangladesh
- Minimum Age: 22
Quick Loan Single Payment
Quick Loan Single Payment (QLSP) can help to the customer for any Purpose Lifestyle, and Secured Loan To Meet the Customer’s Emergency Fund requirements.
Loan Features
| Title | Details |
|---|---|
| Interest rate | Competitive interest rate. |
| Loan amount | Ranges from BDT 50 K to BDT 5 Crore |
| Loan tenure | Tenure up to 12 months |
| Installment Option | Monthly in the form of EMI & principal amount to be paid at the end of the loan tenure. |
| Early settlement | Partial Payment & Early settlement option |
Eligibility Criteria
- Minimum Age: 18 Years
- Any Citizen of Bangladesh
Required Documents
- Please check the attached file of the retails loan products.
- Download file to download
Finally, NRB Bank Limited is working with financial solvency for individuals and small businessmen through their retail loan products to create a prosperous Bangladesh.
Frequently Asked Questions (FAQs) on NRB Bank Limited Car Loan
Q: What is a retail loan product?
A: A retail loan product, as granted by a bank, refers to a loan provided to an individual for a specific purpose, typically secured or designated. This excludes credit card facilities, current account overdrafts, or business loans for individuals.
Q: Who is eligible for the Quick Cash loan?
A: Both resident and non-resident Bangladeshis are eligible for the Quick Cash loan.
Q: What is the minimum age requirement to obtain a quick loan?
A: The minimum age requirement to obtain a quick loan is 18 years.
Q: What is the range of amounts offered by NRB Bank for auto loans?
A: NRB Bank offers auto loans ranging from a minimum of BDT 300,000 to a maximum of BDT 4,000,000.
Q: Where can I find the account opening form?
A: You can download the account opening form by clicking here.