Salary loan of IFIC Bank is only for salaried person of reputed MNCs/ LLCs/ Govt. Employees/ Semi Govt. Employees/ Banks/ Insurance Companies/ Educational Institutions/ Financial Institutions where bank has its own branch network. To meet any personal urgency like education, vacation, marriage, medical expenses, furnishing of home or any unexpected financial urgency salary loan designed for salaried customers.
Salary loan facility for the salaried segments.
Loan Amount Ranges from BDT 50,000 to BDT 1,000,000. Up to 15 times of Net Salary/ take home salary.
Flexible repayment Equal Monthly Installments (EMIs) over a period of 12 months to 60 months.
Competitive interest rate.
Early Full and partial settlement allowed.
Shortest Loan Processing Time.
Minimum age: 24 years.
Maximum age: Maximum 60 years at the time of maturity of the loan.
Minimum Service Length:
For salaried executives (other than govt.): started from minimum 6 months of service and must be permanent & confirmed employees at the time of application.
For govt. employees: minimum 1 years from the date of joining and must be permanent & confirmed employees at the time of application.
Minimum Income (Net BDT):
Minimum monthly income of BDT 10,000 for teachers/ educational services.
Minimum monthly income of BDT 15,000 for govt. employees.
Minimum monthly income of BDT 20,000 for other service holders.
Photocopy of National ID Card.
2 copy Photograph of the customer.
Visiting card of the customer (can be waived with proper clarification).
Self declaration of income by the professionals.
Copy of passport/ driving license/ telephone (T&T) if any
Guarantor: National ID card copy, 1 copy photo, visiting card.
IFIC Bank offers a wide variety of deposit products to meet your financial needs. From current and savings accounts to Fixed Deposits and Pension Schemes each account is designed to give you the best value for your money.