Before requesting bKash with City Bank Loan, make sure you:
✅Must be a selected bKash app user, per Bangladesh Bank regulations
✅Must meet the City Bank’s eligibility criteria for digital loans
✅Age 22 to 60 years
For this loan, no additional documents are requested. It’s enough that you are already a registered bKash user. It’s important to have a good credit history and not have any other active loans with City Bank.
A tip for your wallet
Efficiently managing the installments of your bKash with City Bank loan not only keeps your financial health in check but can also amplify the benefits you reap. Leveraging the automatic payment feature ensures your installments are timely settled without the hassle of remembering due dates.
This practice not only wards off late fees but also maintains a positive credit history, paving the way for future financial prospects. Furthermore, making advance payments can lead to considerable savings on accumulated interest, thanks to daily interest calculation, ultimately putting more money back into your pocket over time.
Fees and Costs
The bKash with City Bank Loan comes with a nominal bank processing fee of 0.575% on the loan amount. Additionally, an annual interest rate of 9% is applied. Should you fail to repay the loan by the due date, a late penalty fee of 2% per annum is incurred, emphasizing the importance of timely payments.
Applying for the bKash with City Bank Digital Loan
The process to apply for your bKash with City Bank Digital Loan is hassle-free and entirely digital. Eligible users can explore this option directly through their bKash app. Without the need for any paperwork, you can quickly fill in your application and submit it for processing.
This streamlined approach not only simplifies the application process but also ensures that you can maximize the benefits associated with the loan. Keep in mind that loan approval is subject to the bank’s discretion. Should your application be initially declined, you have the opportunity to reapply after a specified period.
Take the next step
Don’t miss out on the opportunity to streamline your financial journey. Visit the official bKash with City Bank website today to explore the full details of the Digital Loan, check your eligibility, and apply directly. This is your moment to take control of your finances with ease and confidence.