07/08/2022
13h08
This is a program that will help you order a loan for your future home or help you renovate and expand your current home
What is this loan/program?
Social Islami Bank Bangladesh (SIBL) offers and supports you in:
- Construction/purchase of residential and commercial/commercial-residential houses/buildings/apartments/spaces etc.
- Extension/renovation of house/flat.
- Installation of lifts, generators, sub-stations, air-conditioners etc. for commercial and residential purposes.
Maximum Investment Amount:
- Residential Building: Maximum BDT 20.00 million
- Commercial buildings: Any amount but not exceeding 10% of the bank’s equity.
- If you fit into the following groups: Landlord(s), Service Holder(s), Traders, Professional(s), Expatriate(s), or if you can show us that you have a secure job, then this loan is right for you
Duration of Investment:
Maximum 15 years but maximum 10 years for commercial buildings.
Why we recommend this bank:
It is one of the most reputable institutions in Bangladesh, and our job as financial advisors is to provide our users with the highest quality loans with the lowest fees in the market!
If getting a brand new home or renovating your current home is what you need, be sure to continue!