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» Retail Secured EMI » Loan Against Gold
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Retail Secured EMI
Retail Secured EMI denotes initial one-time limit creation & it is repayable on Equal Monthly Installment (EMI) basis.
Purpose
Any legitimate purpose for personal use
Features
Option of multiple financing facilities for single customer
More flexible security instrument criteria.
Early settlement facility (Full/Partial)
Early settlement fee of 2% (along with VAT) is applicable.
Minimal documentation.
Minimum age (At the time of application): 18 years
Maximum age: 70 years at the time of applying for facility
Loan Amount
Minimum: BDT 50,000
Maximum: Any amount but within the range of allowed LTSIV
Tenure
12-36 months
Security
FDR/Scheme/ Bond (WEDB, USDPB & USDIB) maintained with Prime Bank
*Conditions Apply
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