Rupali Bank General House Building Loan
We offer a house building/flat loan to help you turn your dreams into reality and become the owner of the building or flat you desire. This home loan is a term loan facility designed for constructing a building or purchasing a ready flat. We provide this Home Loan with a flexible interest rate and tenor, all with the aim of making your life more comfortable and prosperous.
Rupali Bank General House Building Loan
- Loan Amount: Up to a maximum of BDT 120.00 lac.
- Loan Tenure: A maximum of 15 years.
- Repayment: Monthly installments (IDCP will be calculated after starting the repayment).
- Partial & Full Settlement: Facility available with no extra charge.
- Grace Period: 06 (Six) Months to a maximum of 24 (twenty-four) months.
- Debt Equity: 60:40.
- Security: The land and the proposed building/structure/flat will be mortgaged in favor of the bank.
Rupali Bank General House Building Loan Customer Segments
- Any citizen (above 18 years old) of Bangladesh can apply for a House building loan/Flat loan.
- Individuals, partnership companies, private & public limited companies are eligible for this loan facility.
- House building loan (Residential/commercial) for single applicants, group loans (family members), and Ready Flat purchase loans (Single).
Loan Interest Rate: 9%.
The maximum installment of disbursement for House Building loan (Residential/commercial) will be 04 (four).
Charges and Fees
- Charges: Legal fees, Mortgage deed, irrevocable power deed fees, and other documentation fees/charges are to be paid by the Applicant (Actual).
- Loan processing Fees: Loan Processing Fee is not required.
FAQs to the General House Building Loan
Q1: What is the maximum loan amount available for the General House Building Loan?
A1: The maximum loan amount for the General House Building Loan is up to BDT 120.00 lac.
Q2: What is the maximum loan tenure for this loan?
A2: The maximum loan tenure is 15 years.
Q3: Is there a grace period for loan repayment, and if so, how long is it?
A3: Yes, there is a grace period of 06 (Six) months, which can extend to a maximum of 24 (twenty-four) months.
Q4: Who is eligible to apply for the House building loan/Flat loan?
A4: Any citizen above 18 years old in Bangladesh can apply for this loan. It is also available to individuals, partnership companies, and private & public limited companies.
Q5: What is the interest rate for the General House Building Loan?
A5: The interest rate for this loan is 9%.
Q6: Are there any additional charges or fees associated with this loan?
A6: Charges such as legal fees, Mortgage deed fees, irrevocable power deed fees, and other documentation fees/charges are to be paid by the applicant. However, no loan processing fee is required.
Q7: Can I make partial or full settlements of the loan, and are there any charges for doing so?
A7: You can make partial or full settlements of the loan, and no extra charges are applied for this facility.
Q8: What is the debt equity ratio for this loan?
A8: The debt equity ratio for the General House Building Loan is 60:40.
Q9: How many installments are provided for the disbursement of House Building loans for residential/commercial purposes?
A9: The maximum installment for disbursement of House Building loans for residential/commercial purposes is 04 (four).