Eastern Bank Limited is a second-generation bank incorporated on 08, August 1992 with a vision to deliver service excellence to all customers, both internal and external. Along with deposit products and other loan products, EBL provides home loan facilities to its customers. EBL Home Loan is a Term Loan facility (EMI based) for creditworthy individuals for meeting the purpose of a sweet home. Bank would finance against monthly income of any creditworthy individual to meet accommodation needs. EBL is here with the ultimate solution for you. With so many attractive features in it – the home you wanted to buy is no longer a distant dream.
Features of EBL Home Credit
1. Home Loan for the purpose of
- Flat/Apartment Purchase / House for residence purpose
- Takeover of existing home loan from any bank / Financial institution
2. Loan amount: BDT 500,000 to BDT 20,000,000
3. Repayment tenure of up to 25 years
4. Loan to value:70% of the property value
5. Competitive interest rate
6. Early full and partial settlement allowed
7. Shortest loan processing time
8. Minimal documentations
9. No hidden charges
Read Also: Pubali Bank Limited-Pubali Abashon
Eligibility for EBL Home Credit
Age:
- Minimum: 25 Years
- Maximum: 65 years
Minimum Gross Monthly Income:
- Salaried Executives: BDT 30,000
- Professionals: BDT 40,000
- Businessman/Land Lords: BDT 50,000
Length of Experience:
- Salaried executives: Minimum 2 years experience with 6 months employment with present employer
- Professionals: Minimum 3 years experience
- Businessperson: Minimum 3 years involvement in the business as per trade license.
Other lands/flat-related documents may be required by the banks for their satisfaction.
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