Earn aboard, Grow at home and Care your families with Jamuna Bank’s Remittance Fighter’s Loan.

Features:

Purpose: Home Repair/Renovation/Purchase, Education expenses for children, Medical treatment, Livelihood development or Any lawful purpose.

Loan Size: Minimum Tk.1.00-Lac -Maximum Tk.5.00-Lac only

Loan Tenor: Maximum -5 years

Eligibility:

Remittance Senders and Remittance Receivers/Beneficiaries (spouse, parents, siblings or children only of the remittance sender)

Age Limit: Minimum – 21 years, Maximum -65 years

Minimum Monthly Net Income: Tk.40,000

Length of Experience: Minimum 12 months remittance history in Banking/legitimate Channel (including at least 3 months in Jamuna Bank).

Required Documents:

– Copy of valid identification documents (Passport, NID, EID etc.) of the applicant.

– Copy of valid passport, visa, work permit and employment proof of the remittance sender.

– Passport Size Photographs

– Proof of income (Remittance transaction history/Advice/ Bank Statement and other income).

– Recent utility bills or proof of residence (contact address /permanent address) of the applicants.

– Relationship proof of Remittance receivers/beneficiary.

– Valid identification documents (Passport, NID, EID etc.) of guarantors;

FAQ’s – Remittance Fighter’s Loan

1. What is Remittance Fighter’s Loan?

Remittance Fighter’s Loan is an EMI based credit facility (Term Loan) for Non-Resident Bangladeshi (NRBs) working aboard and their family members.

2. What is the purpose of Remittance Fighter’s Loan?

Home Repair/Renovation/Purchase, Education expenses for children, Medical treatment, Livelihood development or Any lawful purpose.

3. Who can avail Remittance Fighter’s Loan?

Remittance Senders and Remittance Receivers/Beneficiaries (spouse, parents, siblings or children only of the remittance sender) individually  

or Jointly can apply for the Remittance Fighter’s Loan.

4. What is the minimum and maximum loan amount for Remittance Fighter’s Loan?

Minimum BDT 1,00,000.00 and Maximum BDT 5,00,000.00 only.

5. What is the minimum and maximum loan tenor for Remittance Fighter’s Loan?

Minimum 12 months to Maximum 60 months.

6. What is the minimum and maximum age to apply for Remittance Fighter’s Loan?

Minimum age 21 years but loan tenure shall not exceed 65 years of age of the applicant.

7. What is the length of experience of the applicant is required to apply for Remittance Fighter’s Loan?

– Remittance Receivers/Beneficiaries: Having consistence remittance receiving history of 12 months in Banking/legitimate Channel (including at least 3 months in Jamuna Bank).

– For Remittance Senders: Having consistence remittance sending history of 12 months through Banking/legitimate Channel (including at least  

3 months through Jamuna Bank).

8. What is the minimum income of the applicant to be eligible for Remittance Fighter’s Loan?

Remittance Receivers/Beneficiaries: Minimum monthly receives remittance of BDT 30,000 while total monthly income of BDT 40,000

For Remittance Senders: Minimum remittance of BDT 30,000 per month.

However, aggregate monthly minimum net income of the applicant(s) would be BDT 40,000

9.What are the required documents to apply for a Remittance Fighter’s Loan?

– Copy of valid identification documents (Passport, NID, EID etc.) of the applicant.

– Copy of valid passport, visa, work permit and employment proof of the remittance sender.

– Passport Size Photographs

– Proof of income (Remittance transaction history/Advice/ Bank Statement and other income).

– Recent utility bills or proof of residence (contact address /permanent address) of the applicants.

– Relationship proof of Remittance receivers/beneficiary.

– Valid identification documents (Passport, NID, EID etc.) of guarantors;

– Supplier’s/ Seller’s quotation/Self declaration of the applicant in support of purpose of the loan

10. How to repay Remittance Fighter’s Loan?

By equated monthly installments (EMI) via:

• Standing instruction from the remittance account.
• Cheques or online transfers/ RTGS/BEFTN or JBPLC’s Mobile App/Wallet.

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

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

12. Can the applicant apply for the Remittance Fighter’s Loan jointly?

Yes. Remittance Receivers/Beneficiaries (spouse, parents, siblings, or children only of the remittance sender) individually or Jointly with

Remittance Senders can apply for the Remittance Fighter’s Loan.

13. I am already a loan payer. Am I eligible for Remittance Fighter’s Loan?

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

14. Can partial payment/early settlement is made anytime in Remittance Fighter’s Loan?

Yes. Partial payment/ early settlement can be made after 3 month of disbursement. *Conditions Apply

15. What is the Interest Rate of Remittance Fighter’s Loan?

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

16. What is the Fee & Charges of Remittance Fighter’s Loan?

As per prevailing schedule of charges of the bank’s