Customers having sufficient net cash flow to deposit the installments regularly of the following segment:

Customer Segment:

For permanent/confirmed service holders of Govt., Semi-Govt., Autonomous organizations, Banks, Insurance Companies, Public Limited Companies, Multinational Companies, NGOs, Employees of Private Limited Companies, acceptable to the bank, covered by guarantee of another employee of equal or higher grade. Teachers of Universities, Colleges & Schools (Affiliated). Professional persons like Doctors, Engineers, Chartered Accountants, and Architects.

Purpose:

• Any lawful purpose.

Nationality & Age Limit:

• Bangladeshi by birth.
• Minimum age 21 years / Maximum age 55 years.
• But loan tenor shall not exceed 60 years of age.

Minimum Income:

• Net Income should be at least Tk. 15,000/- per month.

Rate of Interest:

• As determined by the bank from to time.

Maximum Term of Loan:

• 5 year

Loan Size:

• Minimum 1.00 lac and Maximum Tk. 8.00 lac Or 12 times of gross salary, which ever is lower.

Security/ Collateral:

• Lien on Salary and service benefit of the customers and consent to pay to JBL on demand to adjust the loan from his employer on JBL standard format.
• Personal guarantee of the applicant & applicant’s spouse.
• Third party guarantor shall be equal to or more creditworthy than the Principal applicant.