Trust Bank Apon Nibash Loan
A home/housing loan is an amount of money borrowed by an individual for the sole purpose of buying or building a home, also known as a mortgage. Usually, from banks and lending institutions, the borrower has to pay back the loan amount in simple monthly installments or EMIs with interest which can vary between 10-30 years depending on the nature of the loan.
What is Trust Bank Apon Niash Loan?
Trust Bank offers a House Finance Loan (HBL) facility through “Apan Nibash”, which offers attractive and competitive features to buy, construct or renovate a customer’s dream home.
Features of the Apon Niash Loan
- Purchasing a residential property
- Construction of new residential house(s)
- Taking over House Building Loans from other Banks/ Non-Banking Investment Institutions
- Entitled to Extension, Renovation/ Modification, and Finishing Work of residential property
- Loan Limit: Maximum BDT 2 crore.
- Tenure: 1 year – 25 Years.
Charges and Fees
| Loan processing Fees for General Customers: All existing Unsecured 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 · No Charge for TBL Employees |
| Loan processing Fees for General Customers: Apon Nibash ( Home Finance) & Ihsan Apartment Purchase Scheme, Barakat Home Construction Scheme. | · 0.50% for Loan Amount up to 50 Lac, Maximum. Tk15000 · 0.30 % for Loan Amounts above Tk. 50 Lac, Maximum Tk. 20000 · 50 % Waiver for Pay Roll Clients, No Charge for TBL Employees |
| Penalty Compensation for General Customers: Apon Nibash (Home Finance) & Ihsan Apartment Purchase Scheme, Barakat Home Construction Scheme and TPA | 1% Penalty / Compensation (on outstanding amount) from the HBL facilities under TPA if mortgage formalities are not completed within 3 (Three) years from date of disbursement. |
Eligibility for the Apon Niash Loan
- Customer Segments:
- Salaried Personnel, Self-employed Professional, Business Person, Landlord/ Landlady
- Age:
- Minimum 25 Years
- Max. 65 years or Up to retirement age at the end of Loan Tenure.
- Age of the property:
- Max. 20 years old at the time of underwriting. Age of the property should not be more than 40 years at the end of the loan tenure
- Minimum Down Payment:
- 30% (House/ apartment Purchase)
- 30% (Construction of New House)
Required documents
- Copy of National ID Card/ Valid Passport
- Latest TIN Certificate or Income Tax Return Acknowledgement Slip Colored Photo (2 Copy)
- Recent Photograph Passport Size
- Registered mortgaged of the concerned property
- 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 Landlord / Landlady
- Up-to-date more than 30 days old) Bank Statement
- Registered IGPA to sell/ foreclosure of the mortgaged property without the intervention of
- the court; One undated Cheque for the full Loan Amount & Postdated Cheque
- covering each installment for the number of Total Installments
- Charge Documents (as per Bank’s policy)
- Other documents necessary/applicable.
Frequently Asked Questions (FAQs) on Trust Bank Apon Nibash Loan
Q1: How much is the maximum loan amount for the Trust Bank Apon Nibash Loan?
A: The maximum loan amount for the Trust Bank Apon Nibash Loan is BDT 2 crore.
Q2: What is the maximum time allowed for loan repayment?
A: The maximum repayment period for the Apon Nibash Loan is 25 years.
Q3: What is the interest rate for Apon Nibash Loan?
A: The interest rate for Apon Nibash Loan is 9.00%.
Q4: Who is eligible to apply for this loan?
A: Citizens in Bangladesh are eligible to apply for the Apon Nibash Loan.
Q5: Is there any fee for applying for the loan?
A: Yes, there is a fee for applying for the loan.
Q6: What is the contact address of Trust Bank Head Office?
A: Trust Bank Head Office is located at Shadhinata Tower, Bir Srestha Shaheed Jahangir Gate, Dhaka Cantonment, Dhaka-1206. Tel: +88-02-44870060-9 Email: info@tblbd.com Website: https://www.tblbd.com/ Call Center No: 16201