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Either it is marriage expenses, overseas vacations or any other expenses for the advancement of living and lifestyle or emergency need – Jamuna Bank’s Personal Loan will be one-stop-solution for all.

Features

Purpose: Any lawful purpose acceptable to the Bank.
Loan Size: Minimum Tk. 1 lac and Maximum Tk. 20 Lac.
Loan Tenor: Maximum 5 years.

Eligibility

Age:Minimum age 21 years, Maximum age 60 years

Minimum Monthly Net Income

Salaried Person -Tk.40,000/-per month
Landlord -Tk.50,000/-per month
Professional -Tk.60,000/-per month
Businessman – Tk.80,000/-per month

Length of Experience:

Salaried Person: Regular/Permanent employee having minimum 1 year of total experience and minimum 6 months with the present employer.

Professional/Self employed person: Minimum 2 years of practice in the respective profession.

Businessmen: Minimum 2 years of business establishment and having valid Trade license.

Land Lord/ House Owners: Minimum 1 year in house renting and taxpayer.

Required Documents

National ID Card

Passport Size Photographs

Bank Account Statements (Minimum 06 Months).

Income and Professional Proof-

– For Service holder-Letter of introduction from employer/Salary Certificate/Pay Slip / Employment ID Card.

– For Professional-Copy of professional certificate .

– Landlord-Copy of Rental Agreement/Rent Receipts/Title/ownership documents of rented property.

– Businessman-Trade License .

– Others Income-Proof of income .

Personal Guarantee .

ETIN Certificate with Up to date Tax return submission receipt (if applicable) .

Copy of a utility bill of contact address /permanent address .

Supplier’s/ Seller’s quotation.

FAQ’s

1. What is the purpose of Personal Loan?

To meet the expenses of Travelling, Marriage, Education, Festival, Vacation, House Construction or Renovation, Transport Purchase, various consumers Durables/Equipments/Electronics Purchase, Medical/treatment emergencies, financing to professionals’ for purchasing equipment, tools, machineries, office decorations items, any other lawful purpose of the customer, acceptable to the bank.

2. Who can avail Personal Loan?

• Salaried Individuals
• Professionals (Doctor, Engineer, Architect, FCA, CA etc)
• Businessperson
• Self employed person
• Landlord/Landlady/House Owners

3. What is the minimum and maximum loan amount for Personal Loan?

Minimum BDT 1, 00,000 and Maximum BDT 20, 00,000 only.

4. What is the minimum and maximum loan tenor for Personal Loan?

Minimum 12 months to Maximum 60 months.

5. What is the minimum and maximum age to apply for Personal Loan?

Minimum 21 years and Maximum 60 years or retirement age (for salaried person) whichever comes first at the time of loan expiry.

6. What is the minimum service length with current organization for salaried individuals to apply for Personal Loan?

At least 6 months.

7. What is the total service/business length of the applicant to apply for Personal Loan?

• Salaried Person: Regular/Permanent employee having minimum 1 year of total experience and minimum 6 months with the present employer.
• Professional/Self employed person: Minimum 2 years of practice in the respective profession.
• Businessmen: Minimum 2 years of business establishment and having valid Trade license.
• Land Lord/ House Owners: Minimum 1 year in house renting and taxpayer.

8. What is the minimum income of the applicant to be eligible for Personal Loan?

• For Salaried Individuals BDT 40,000/-
• For Professionals BDT 60,000/-
• For Business Individuals BDT 80,000/-
• For Landlord/Landlady/House Owners BDT 50,000/-

9. What are the required documents to apply for a Personal Loan?

• National ID Card/Smart ID/Birth Certificate/ Passport
• Passport Size Colored Photographs
• Bank Account Statements (Minimum 06 Months)
• Income and Professional Proof-

-For Service Holder- Letter of introduction from Employer/Salary Certificate/Pay Slip / Employment ID Card
-For Professional -Copy of professional certificate
-Landlord- Copy of Rental Agreement/Rent Receipts/Title/ownership documents of rented property.
-Businessman- Trade License
-Others Income- proof of income

• Personal Guarantee.
• ETIN Certificate with Up to date Tax return submission receipt (if applicable)
• Copy of a utility bill of contact address /permanent address
• Supplier’s/ Seller’s quotation

11. Can a contractual employee be eligible for Personal Loan?

No.

12. How to repay Personal Loan?

Through Equated Monthly Installment (EMI). EMI amount can be deposited through debiting applicant’s Savings/Current A/C or cheque or RTGS/BEFTN or JBPLC’s Mobile App/Wallet.

13. What options do I have to pay my EMI?

Automatic/Manual Debit from the saving accounts, through cheques, RTGS, BEFTN, Transfer from JBPLC’s Mobile App/Wallet.

14. Can the applicant apply for the Personal Loan jointly?

No.

15. I am already a loan payer. Am I eligible for Personal Loan?

Yes, but it depends completely on you existing EMI’s regularity and if proposed/new loan’s EMI matched with your present income.

16. Can partial payment/early settlement is made anytime in Personal Loan?

Yes. Partial payment/ early settlement can be made anytime. *Conditions Apply.

17. What is the Interest Rate of Personal Loan?

As prescribed by the bank as per Bangladesh Bank’s Circular issued from time to time.

18. What is the Fee & Charges of Personal Loan?

As per prevailing schedule of charges of the bank.