Since the the first, One to lender has been a switch player regarding the private banking market off Bangladesh
The main one lender education loan actually used on the new pupil. As an alternative a father otherwise an eligible guardian must submit an application for the borrowed funds on behalf of the newest scholar. The minimum qualifications to possess an excellent salaried protector was 25000 BDT so you’re able to 50000 BDT month-to-month income with regards to the field of one’s protector.
The loan ranges away from 50000 BDT to 20 Lac BDT depending on need of the beginner. The interest rate is determined in the nine% per year. You’re given up to sixty weeks tenure to repay the mortgage. The borrowed funds applies for use when you look at the degree-related intentions both yourself and you can overseas. But not, the minimum income cover for the guardian is an additional constraint for many aspiring pupils that have economic demands. To learn more about the mortgage and its own standards, you might refer right here.
East Financial Student loan
East lender has long been one of the management about personal financial market out-of Bangladesh. Whether it’s the newest high turnover price from inside the for every FY otherwise its excellent support service and easy banking, the lending company could have been a leading option for regional and you may around the world financial.
The brand new education loan design of Eastern financial is a lot like One to bank and you will Mercantile financial. In lieu of You to definitely bank, there is absolutely no guardianship limit on financing strategy. The loan number ranges in one Lac BDT to 20 Lac BDT according to local or worldwide need of the college student. The product quality 9% rate per annum is even applied to the mortgage. You’ll get a several to help you 60 weeks installment months which have the latest student loan scheme. Yet not, there was a catch.
EBL charge a-1% control percentage for your loan. […]