Offered by
Modhumoti Bank
Modhumoti Thikana
- Conventional
- Home loan
Key figures
- Interest rate from
- 14.00% per annum
- Amount
- BDT 5,00,000–BDT 2,00,00,000
- Tenor
- 60–300 months
Lowest published rate across 1 applicant type — see rates below
Rates
- All customers
- 15.00% (14.00–16.00%) per annum
- All customers
- 0.50% per annum
Eligibility
These are the criteria the institution publishes for this product. Meeting them is not an approval — the institution alone decides who it lends to, on information it collects itself.
- Maximum age
- 65 years
- at loan maturity
- Minimum age
- 21 years
- Minimum work experience
- 36 months
- Minimum monthly income
- BDT 50,000
- For: Business owners
- Minimum rental income
- BDT 50,000
- Institution’s notes
- Not published
Required documents
Not published by the institution.
Loan details
- Minimum amount
- BDT 5,00,000
- Maximum amount
- BDT 2,00,00,000
- Minimum tenor
- 60 months
- Maximum tenor
- 300 months
- VAT
- Applies, as per government rate
- Grace period, up to
- 12 months
- Tenor includes the grace period
- Yes
- Amount includes interest during the grace period
- Yes
- Security
- Registered mortgage with rigpa of the property to be financed
- Full early settlement allowed
- Yes
- Partial early settlement allowed
- Yes
- Loan takeover allowed
- Yes
- Repayment method
- Various home loan repayment options and ability to set up automatic repayments
5 more items Modhumoti Bank has not published
- Maximum loan-to-value
- Not published
- Vehicle condition
- Not published
- Eligible purposes
- Not published
- Automatic debit
- Not published
- Guarantors required
- Not published
Fees, charges, and limits
Every charge this institution publishes for this product is listed below. Interest and profit rates are shown separately in the Rates section above. Where a row reads “not published”, the institution has not published a figure for it — that is not the same as there being no such charge. Confirm with the institution.
- Advance income tax (AIT) certificate fee
- BDT 300
- Loan balance certificate fee
- BDT 300
- No-objection certificate (NOC) fee
- BDT 300
- Commitment fee on undisbursed amount
- BDT 1,000
- Documentation charge
- At Actual
- Early settlement fee
- 0.5%
- Processing fee
- Free
- Loan rescheduling fee
- 0.25%, up to BDT 10,000
Benefits
Not published by the institution.
Verification and links
- This product on the bank’s website (opens the institution’s own site in a new tab)
- All products from Modhumoti Bank
You’re about to leave sherabankerkhoj.com for Modhumoti Bank. They alone decide whether you are approved, the rate and charges you finally pay, and when any funds are released.
Other products of this type
Other products of the same type from other institutions, in no particular order. This is not a ranking and nothing here is recommended.
No other products of this type are published yet.