Dhaka Bank Limited
Personal Loan
As part of establishing a Retail Banking franchise of Dhaka Bank Limited, the bank has successfully launched Personal Loan. The product is a term financing facility to individuals to aid them in their purchases of consumer durables or services. The facility becomes affordable to the clients as the repayment is done through fixed installment s commonly known as EMI (equated monthly installment) across the facility period. Depending on the size and purpose of the loan, the number of installments varies from 12 to 48 months.
The target market for personal loan will mainly comprise of following category –
- Salaried employees of institutions in the Dhaka, Chittagong and Sylhet markets.
- Professionals who are self employed and have at-least 3 years of independent practice in the area of profession.
- Businessmen who are permanent residents of Dhaka, Chittagong and Sylhet metropolis with at least 3 years of continued operation in the line of business.
Restrictions and client eligibility
- Loans are restricted to Bangladeshi nationals falling in the categories mentioned below The minimum age for any borrower will be 21 years and the maximum age 57 years with a minimum verified Gross Family Monthly Income of BDT 10,000.
| Salaried employees |
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| Professionals |
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| Businessmen |
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| Loan amount limits under the program | Type of Loan | Minimum loan amount | Maximum loan amount |
| Personal | BDT 25,000 | BDT 500,000 |
| Particular | Processing Fee | Interest Rate | Loan Amount |
| For Businessman | 2% | Up to 2 Lac: 20% Above 2 Lac: 20.5% |
Max 5 Lac |
| For Salaried (General) & Professional | 1.5% | Up to 2 Lac: 18.5% Above 2 Lac: 18% |
Max 5 Lac |
| Amount | EMI in months | |||
| 12 | 24 | 36 | 48 | |
| 25,000 | 2,292 | 1,249 | – | – |
| 50,000 | 4,584 | 2,497 | – | – |
| 75,000 | 6,876 | 3,745 | – | – |
| 100,000 | 9,168 | 4,993 | 3,616 | – |
| 150,000 | 13,752 | 7,489 | 5,423 | – |
| 200,000 | 18,336 | 9,985 | 7,231 | – |
| 300,000 | 27,504 | 14,978 | 10,846 | – |
| 400,000 | 36,672 | 19,970 | 14,461 | 11,750 |
| 500,000 | 45,840 | 24,963 | 18,077 | 14,688 |
Car Loan
Car Loan is a term financing facility to individuals to aid them in their pursuit of have a car of their dream. The facility becomes affordable to the clients as the repayment is done through fixed installment s commonly known as EMI (equal monthly installment) across the facility period. Depending on the size and purpose of the loan, the number of installments varies from 12 to 60 months. In case of brand new cars the loan tenure will be maximum 72 months. Targeted market The target market for personal loan will mainly comprise of following category
- Salaried employees of institutions in cities where Dhaka Bank Operates.
- Professionals who are self employed and have at-least 3 years of independent practice in the area of profession.
- Businessmen who are permanent residents of Dhaka, Chittagong, Sylhet metropolis and where Dhaka Bank Operates with at least 3 years of continued operation in the line of business.
Restrictions and client eligibility
- Loans are restricted to Bangladeshi nationals falling in the categories mentioned below. The minimum age for any borrower is 21 years and the maximum age is 57 years with a minimum verified Gross Family Monthly Income of BDT 10,000.
| Salaried employees |
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| Professionals |
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| Businessmen |
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| Loan amount limits under the program | Type of Loan | Minimum loan amount | Maximum loan amount |
| Car | Not specified | Tk 50,00,000 |
| Particular | Processing Fee | Interest Rate | Loan to Value Ratio & Tenure (For Sedan Car, SUV & Micro Bus up to 10 Seat) |
| For MOU, Professionals & Corporate Customers (MC, Bank & LRC) | 1% | Up to 74% LTV – 15.5 % 75% to 85% LTV – 16% |
Vehicles age: Up to 4 Yrs: Repayment Tenure Max 5Yrs -Professionals/ Salaried Executive Max LTV 85% -Businessman & Land Lord /Lady Max LTV 75% Vehicles age: Above 4 to 6 Yrs: |
| For General Customer | 1% | Up to 74%: LTV – 16% 75% to 85%: LTV- 17% |
| Dhaka Bank Car Loan EMI Schedule | ||||||
| All Reconditioned Cars including Indian & Chinese Cars | All Reconditioned Cars Except Indian & Chinese Cars | |||||
| Loan Amt | 12 M | 24 M | 36 M | 48 M | 60 M | 72 M |
| 1,00,000 | 9,073 | 4,896 | 3,516 | 2,834 | 2,432 | 2,169 |
| 2,00,000 | 18,146 | 9,793 | 7,031 | 5,668 | 4,864 | 4,338 |
| 3,00,000 | 27,219 | 14,689 | 10,547 | 8,502 | 7,295 | 6,508 |
| 4,00,000 | 36,292 | 19,585 | 14,063 | 11,336 | 9,727 | 8,677 |
| 5,00,000 | 45,365 | 24,482 | 17,579 | 14,170 | 12,159 | 10,846 |
| 6,00,000 | 54,439 | 29,378 | 21,094 | 17,004 | 14,591 | 13,015 |
| 7,00,000 | 63,512 | 34,274 | 24,610 | 19,838 | 17,023 | 15,184 |
| 8,00,000 | 72,585 | 39,170 | 28,126 | 22,672 | 19,454 | 17,353 |
| 9,00,000 | 81,658 | 44,067 | 31,641 | 25,506 | 21,886 | 19,523 |
| 10,00,000 | 90,731 | 48,963 | 35,157 | 28,340 | 24,318 | 21,692 |
| 11,00,000 | 99,804 | 53,859 | 38,673 | 31,174 | 26,750 | 23,861 |
| 12,00,000 | 1,08,877 | 58,756 | 42,188 | 34,008 | 29,182 | 26,030 |
| 13,00,000 | 1,17,950 | 63,652 | 45,704 | 36,842 | 31,613 | 28,199 |
| 14,00,000 | 1,27,023 | 68,548 | 49,220 | 39,676 | 34,045 | 30,369 |
| 15,00,000 | 1,36,096 | 73,445 | 52,736 | 42,510 | 36,477 | 32,538 |
| 16,00,000 | 1,45,169 | 78,341 | 56,251 | 45,344 | 38,909 | 34,707 |
| 17,00,000 | 1,54,242 | 83,237 | 59,767 | 48,178 | 41,341 | 36,876 |
| 18,00,000 | 1,63,316 | 88,134 | 63,283 | 51,013 | 43,773 | 39,045 |
| 19,00,000 | 1,72,389 | 93,030 | 66,798 | 53,847 | 46,204 | 41,215 |
| 20,00,000 | 1,81,462 | 97,926 | 70,314 | 56,681 | 48,636 | 43,384 |
Vacation Loan
Like the Car Loan, Vacation Loan of Dhaka Bank Limited is a term financing facility to individuals to aid them in their pursuit of spending a vacation in the country or abroad. The facility becomes affordable to the clients as the repayment is done through fixed installment s commonly known as EMI (equal monthly installment) across the facility period. Depending on the size and purpose of the loan, the number of installments varies from 12 to 48 months.
Targeted Market
The target market for personal loan mainly comprises of the following categories –
- Salaried employees of institutions in the Dhaka, Chittagong , Sylhet markets and where Dhaka Bank operates.
- Professionals who are self employed and have at-least 3 years of independent practice in the area of profession.
- Businessmen who are permanent residents of cities where Dhaka Bank operates with at least 3 years of continued operation in the line of business.
Restrictions and client eligibility
Loans are restricted to Bangladeshi nationals falling in the categories mentioned below The minimum age for any borrower will be 21 years and the maximum age 57 years with a minimum verified Gross Family Monthly Income of BDT 10,000.
| Salaried employees |
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| Professionals |
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| Businessmen |
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| Loan amount limits under the program | Type of Loan | Minimum loan amount | Maximum loan amount |
| Vacation | BDT 25,000 | BDT 5,00,000 |
| Particular | Processing Fee | Interest Rate | Loan Amount |
| For Businessman | 2% | Up to 2 Lac: 20% Above 2 Lac: 20.5% |
Max 5 Lac |
| For Salaried (General) & Professional | 1.5% | Up to 2 Lac: 18.5% Above 2 Lac: 18% |
Max 5 Lac |
| Amount | EMI in months | |||
| 12 | 24 | 36 | 48 | |
| 25,000 | 2,292 | 1,249 | – | – |
| 50,000 | 4,584 | 2,497 | – | – |
| 75,000 | 6,876 | 3,745 | – | – |
| 1,00,000 | 9,168 | 4,993 | 3,616 | – |
| 1,50,000 | 13,752 | 7,489 | 5,423 | – |
| 2,00,000 | 18,336 | 9,985 | 7,231 | – |
| 3,00,000 | 27,504 | 14,978 | 10,846 | – |
| 4,00,000 | 36,672 | 19,970 | 14,461 | 11,750 |
| 5,00,000 | 45,840 | 24,963 | 18,077 | 14,688 |
Home Loan
The product is a term financing facility to individuals to aid them in their purchases of apartment or house or construction of house. The facility will become affordable to the clients as the repayment is done through fixed installment as commonly known as EMI (equal monthly installment) across the facility period. Depending on the size of the loan, the maximum period of the loan would be 180 months (15 years). Targeted Market The target market for Home Loan will be mainly focused in Dhaka and Chittagong . However, strong recommendation from branches operating in other areas will also be facilitated with the major concentration on the following category –
- Salaried employees of institutions with minimum 3 years continuous service
- Self-employed Professionals who are self employed and have at-least 5 years of independent practice in the area of profession. (Example: Doctors, Dentists, Engineers, Chartered Accountants, Architects who are members of their professional institutes.)
- Businessmen who are permanent residents of Dhaka, Narayangonj, Chittagong and Sylhet with at least 5 years of continued operation in the line of business.
Product Details
| Particulars | Parameters | |
| Maximum Loan Amount | 70% of Asset Value, up to Tk. 75.0 Lac | |
| Loan Tenure | Min: 5 Years Max: 15 Years |
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| Rate of Interest | General & Business Persons | Professionals & Salaried * |
| Up to 25 Lac :14.00% Above 25lac – 40Lac :14.25% Above 40 Lac :14.50% |
Up to 25 Lac : 13.75% Above 25lac – 40Lac :14.00% Above 40 Lac :14.25% |
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| Processing Fee | Professionals & Salaried* : 1.25% General & Business persons :1.50% |
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| Maximum Permitted EMI | Not more than 50% of FMDI of the borrower per month | |
| Age | Min: 21 Years Max age: Up to 65 years at the time maturity |
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| Partial & Early Repayment | Within 5 Years – 2.5% of Adjusted Amount 5 Years & after – 1.5% of Adjusted amount |
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| Insurance Premium | The insurance premium will be borne and arrange for by the borrower and copy of up-to-date insurance policy will be submitted to the Bank on regular basis. | |
Any Purpose Loan
Any Purpose Loan is a term financing facility to individuals to meet their immediate requirements. The facility becomes affordable to the clients as the repayment is done through fixed installments commonly known as EMI (Equal Monthly Installment) across the facility period. Depending on the size and purpose of the loan, the number of installments varies from 12 to 48 months.This facility is available for Salaried Employees, Self Employed / Professionals or Businessmen. Loans are restricted to Bangladeshi Nationals within 21 years to 57 years age limit with a minimum verified Gross Family Monthly Income of BDT 10,000. The amount of loan may vary from BDT 25,000 to 5,00,000 depending on the applicants requirement and repayment capability.
| Particular | Processing Fee | Interest Rate | Loan Amount |
| For Businessman | 2% | Up to 2 Lac: 20% Above 2 Lac: 20.5% |
Max 5 Lac |
| For Salaried (General) & Professional | 1.5% | Up to 2 Lac: 18.5% Above 2 Lac: 18% |
Max 5 Lac |
SME Loan…
INTEREST & EXPERIENCE IN SME FINANCING – DHAKA BANK LIMITED Since inception, the Dhaka Bank has held socio-economic development in high esteem and was among the first to recognize the potentials of SMEs. Dhaka Bank’s Involvement:
Recognizing the SME segment’s value additions and employment generation capabilities quite early, the Bank has pioneered SME financing in Bangladesh in 2003, focusing on stimulating the manufacturing sector and actively promoting trading and service businesses.
Recognizing the SME segment’s value additions and employment generation capabilities quite early, the Bank has pioneered SME financing in Bangladesh in 2003, focusing on stimulating the manufacturing sector and actively promoting trading and service businesses.
Story of a successful Branch in SME Financing:
The Bank started branch operations at Belkuchi Sirajgonj in April 2003. Prior to the Bank’s intervention, the weaving community did not have the financial strength to stock their products till “Eid ul Fitr” when the annual sale takes place. Traders were taking advantage to the situation by buying up entire productions at low prices and liquidating stocks just before “Eid”. With financial services from Dhaka Bank Limited, the weavers have converted to power looms, significantly increased profitability and reduced the involvement of middlemen.
We are now working on institutionalizing the learnings and applying them in other areas across Bangladesh, particularly in textiles, light engineering and other manufacturing clusters. Already we have identified several clusters and are working on improving access to finance within these clusters.
Experience & Learnings
In our opinion, the single largest problem of the lower end of the SME sector is that they are unable to fully understand their needs. Even if these needs are understood, they are seldom met with the right product mix.
Small business owners are unable to provide banks with required information of the right type and quality. This has created a gap between the borrower and the banks and has served to limit the outreach of SME financial products.
In order to overcome this obstacle, Dhaka Bank SME Unit provides comprehensive support to prospective clients in evaluating their business and preparing the required documents in acceptable formats.
In this regard, the Dhaka Bank SME Unit has been working in close collaboration with the USAID, the SouthAsia Enterprise Development Facility (SEDF) an International Finance Corporation (IFC) managed multidonor facility and the World Bank.
We have recently been provided technical assistance by the World Bank and are also working with other development agencies and donors for continuous improvements in the products and services we offer.
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| Product | Cash Credit |
| Eligibility | All SME businesses where the Key personnel have 2 years experience in the line of business. Satisfactory credit report |
| Method of Appraisal | The clients business experience, expertise, business volumes and monthly cash flow are used in the assessment process. |
| Margins (indicative) | The quality of receivables would be of importance in fixing margins up to which working capital is made available. |
| Tenor | Maximum 12 months (renewable) |
| Pricing | Risk based pricing strategy, in line with the market rates. |
| Security | Primary: • Charge on the inventory and receivables. • Charge on other current assets • Personal guarantee of proprietor /partners/ directors. • Charge on fixed assets.Secondary: • Collateral security on a case-to-case basis. |
| Interest | Fixed Rate, typically for 12 months. |
| Review | Facility terms & pricing are both reviewed at least annually |
| Processing fee | Processing fee of 1% is generally charged on small loans. Actual fee charged is determined on a case-to-case basis. |
| Product | Overdraft |
| Eligibility | All SME businesses where the Key personnel have 2 years experience in the line of business. Satisfactory credit report |
| Method of Appraisal | The clients business experience, expertise, business volumes and monthly cash flow are used in the assessment process. |
| Margins (indicative) | The quality of receivables would be of importance in fixing margins up to which working capital is made available. |
| Tenor | Maximum 12 months (renewable) |
| Pricing | Risk based pricing strategy, in line with the market rates. |
| Security | Primary:• Charge on the inventory and receivables. • Charge on other current assets • Personal guarantee of proprietor /partners/ directors. • Charge on fixed assets. Secondary: |
| Interest | Fixed Rate, typically for 12 months. |
| Review | Facility terms & pricing are both reviewed at least annually |
| Processing fee | Processing fee of 1% is generally charged on small loans. Actual fee charged is determined on a case-to-case basis. |
Loan for You 