Home loan Bangladesh

Home loan, Home Equity Loan, Home Improvement Loan, Home Equity Line of Credit

Home loan

Home loan, Home Equity Loan, Home Improvement Loan, Home Equity Line of Credit, Home Loan, Housing Loan, Real Estate Leasing, Real Estate Loan

Home loan, Home Equity Loan, Home Improvement Loan, Home Equity Line of Credit

A Home loan is the generally term for a loan. A home loan uses your home as security. It uses the net value of your property as security for the loan.
Home loan program could of different types you have choose the right Home Loan. Home Loan Includes Home equity Loan, Home Improvement Loan, Home equity Line of credit.

Home loan rates are variable, depending on status. Monthly repayments will depend on the amount borrowed and term. For many billions of People, the single greatest achievement in life was to own a home, and thanks to a range of banking services now available, home loans are a simple affair now. In fact, home loans are now sold as a product and the applicant is treated like a consumer. Gone are the days when ordinary folk depended on a lifetime of savings and resorted to the local moneylender to build or buy a house. Home loans make it possible to move into your own home, almost as soon as you can afford the down-payment and keep paying for it while you also live in it. But the home loan is actually a mortgage and you could lose the home in case of repeated default.

Most banks have standard guidelines for applying for a home loan and a set of rules, which may vary, from one finance institution to the other.

The term of the loan may range from one year to thirty years, with varying interest rates. The longer the term, the higher the interest charged, usually. However, having decided on a longer term, a pre-payment of the loan also leads to pre-payment penalty - which usually ranges from one to two percent.

For instance, most home loan applicants have to be between twenty-one and fifty-eight years of age, or at least the guarantor has to be. There may be age limit extensions of government employees or self-employed people who will not be forced to retire at sixty.

Applicants for home loans must prove to be credit-worthy before a loan is sanctioned by the bank or the finance institution concerned. For one, they will demand to see proof of income or some proof that the applicant - now referred to as a consumer - has the resources to repay the loan. The EMI, or the monthly installments, will be a certain percentage of your income.

Taking a home loan also has tax advantages, which makes it a doubly good investment, as compared to other conventional forms of savings.

Bangladesh Bank Motijheel C/A, Dhaka Bangladesh Phone: 7126101-20 Fax: 9566212 http://www.bangladesh-bank.org

Nationalized Banks
Agrani Bank 90, Motijheel C/A, Dhaka Bangladesh Phone: 9563674 Fax: 880-2-9563662 http://www.agranibank.org	Janata Bank 110, Motijheel C/A, Dhaka Bangladesh Phone: 9564640 Fax: 880-2-9564644 http://www.agranibank.org

Rupali Bank Limited 34, Dilkusha C/A, Dhaka Bangladesh Phone: 9552481 Fax: 880-2-9564148 http://www.rupali-bank.com	Sonali Bank Motijheel C/A, Dhaka Bangladesh Phone: 9565944 Fax: 9561410 http://www.sonalibank.com.bd

Foreign Commercial Banks American Express Bank Ltd. Alico Building, Motijheel Dhaka Bangladesh Phone: 9561805, 9561751 Fax: 9561722	Citibank N.A Chamber Building, Motijheel C/A. Dhaka Bangladesh Phone: 9550060 / 223 Fax: 9562236, 9666742

Commercial Bank of Ceylon Ltd 47, Motijheel C/A. Dhaka Bangladesh Phone: 9561820 Fax: 9565707	Habib Bank Ltd. 53, Motijheel C/A. Dhaka Bangladesh Phone: 9561783 Fax: 9561784 http://www.habibbankltd.com

National Bank of Pakistan 79, Motijheel C/A.Dhaka Bangladesh Phone: 9560249 Fax: 9560247 http://www.nbp.com.pk	Shamil Bank of Bahrain E.C. 5, Rajuk Avenue, Dhaka Bangladesh Phone: 9666701

Standard Chartered Grindlays Bank Ltd. 2, Dilkusha C/A., Dhaka Bangladesh Phone: 9562337, 9550181 Fax: 9550191 http://www.standardchartered.com/bd	State Bank of India 24-25, Dilkusha C/A. Dhaka Bangladesh Phone: 9563992 Fax: 9563991 http://www.statebankofindia.com

The Hong Kong and Shanghai Banking Cor. Ltd.(HSBC) 1/1B, Sonargaon Road, Dhaka Bangladesh Phone: 9660544 Fax: 9660554 http://www.hsbc.com	Woori Bank 16, Kamal Ataturk Avenue, Banani, Dhaka Bangladesh Phone: 8813270 - 3 Fax: 8813274

Private Commercial Banks
Al-Arafa Islami Bank Limited 161, Motijheel C/A, Dhaka Bangladesh Phone: 9569352 Fax: 9569351	Arab Bangladesh Bank Ltd 30-31, Dilkusha C/A, Dhaka Bangladesh Phone: 9564125 Fax: 9564123, 9564122 http://www.abbankonline.com

Bangladesh Commerce Bank Limited 19, Rajuk Avenue, Dhaka Bangladesh Phone: 9571582 9568218 http://www.bcbl-bd.com	Bank Asia Limited Rangs Bhaban(8 th.Floor)Old Airport Road, Tejgaon, Dhaka.-1215 Bangladesh Phone: 8127496 Fax: 8127568 http://www.bankasia-bd.com

BRAC Bank Road no.1,House no.1,Gulshan-1,Dhaka-1212 Bangladesh Phone: 8824051 Fax: 8813543	Dhaka Bank Limited 115-118, Motijheel C/A (Adamjee Court), Dhaka Bangladesh Phone: 9556585 Fax: 9556584, 9571013

Dutch-Bangla Bank Limited Sena Kalyan Bhaban,195, Motijheel C/A. Dhaka Bangladesh Phone: 9666238, 7115756 Fax: 9561889 http://www.dutchbanglabank.com	Eastern Bank Limited Jiban Bima Bhaban, 10 Dilkusha C/A, Dhaka Bangladesh Phone: 9558391 Fax: 9554610,9562364 http://www.ebl-bd.com

EXIM Bank Limited Printers Building, 5, Rajuk Avenue, Dhaka Bangladesh Phone: 9558004 Fax: 9556988	First Security Bank Ltd. 23, Dilkusha C/A, Dhaka Bangladesh Phone: 9553870 Fax: 9561637

IFIC Bank Limited BSBB Building, 8, Rajuk Avenue, Dhaka Bangladesh Phone: 9559647 Fax: 9562015 http://www.ificbankbd.com	Islami Bank Bangladesh Ltd 71, Dilkusha C/A, Dhaka Bangladesh Phone: 9567173,9569416 Fax: 9564532 http://www.islamibankbd.com

Jamuna Bank Limited 5, Rajuk Avenue, Dhaka Bangladesh Phone: 9560806 Fax: 9565762	Mercantile Bank Limited 61, Dilkusha C/A, Dhaka Bangladesh Phone: 9555863 Fax: 9554410, 9561213 http://www.mblbd.com

Mutual Trust Bank Ltd. 14-15,Motijheel C/A, Dhaka Bangladesh Phone: 9570114 Fax: 9569762	National Bank Limited 18, Dilkusha C/A, Dhaka Bangladesh Phone: 9561201 Fax: 9563953,9554314 http://www.nblbd.com

National Credit & Commerce Bank Ltd 7-8, Motijheel C/A, Dhaka Bangladesh Phone: 9558882 Fax: 9566290 http://www.nccbank-bd.com	One Bank Limited 45, Dilkusha C/A, Dhaka Bangladesh Phone: 9564869 Fax: 9561960

Premier Bank Limited 42, Kamal Ataturk Avenue, Banani, Dhaka Bangladesh Phone: 8811417 Fax: 8815393 http://www.premierbankltd.com	Prime Bank Ltd 119-120, Motijheel C/A, Dhaka Bangladesh Phone: 9564677 Fax: 9567230 http://www.prime-bank.com

Pubali Bank Ltd 26, Dilkusha C/A, Dhaka Bangladesh Phone: 9562166,9563094 Fax: 9564009 http://www.pubalibangla.com	Shahjalal Bank Limited 10, Dilkusha C/A, Dhaka Bangladesh Phone: 9561407 Fax: 9553562 http://www.shahjalalbank.com.bd

Social Investment Bank Ltd. 15, Dilkusha C/A,Dhaka Bangladesh Phone: 9554855 Fax: 9559013 http://www.siblbd.com	SouthEast Bank Limited 1, Dilkusha C/A, Dhaka Bangladesh Phone: 9550091 Fax: 9563102 http://www.southeastbank-bangladesh.com

Standard Bank Limited Metropoliton Chamber Building, 122-124 Motijheel C/A, Dhaka Bangladesh Phone: 9550579 Fax: 9667137	The City Bank Ltd. 10, Dilkusha C/A, Dhaka Bangladesh Phone: 9565916 Fax: 9562347 http://www.thecitybank.com

The Oriental Bank Limited T.K. Bhaban (14-16 floor), 13 Karwan Bazar, Dhaka Bangladesh Phone: 9144111 Fax: 9562768 http://www.oriental-bank.com	Trust Bank Ltd. 98 Moin Road, Dhaka Cantt. Dhaka Bangladesh Phone: 9871095 Fax: 9871094

United Commercial Bank Ltd. (UCBL) Fedaration Bulding, 60, Motijheel C/A, Dhaka Bangladesh Phone: 9560270 Fax: 9560587 http://www.ucbl.com	Uttara Bank Limited 90, Motijheel C/A, Dhaka Bangladesh Phone: 9556104 Fax: 9563081,8613529

Home loan, Home Equity Loan, Home Improvement Loan, Home Equity Line of Credit