retail banking products @ asset

NCC Bank Limited Retail Banking

Retail Asset Products


NCC Bank Car Loan


NCC Bank Car Loan

EligibilitySalaried Individual, Self-Employed Professionals, Businessperson,

Homeowners or Property Income holder

Purpose Purchase of Car for personal use only

Loan LimitMaximum BDT 2,000,000 but not more then the 30% of submitted car

quotation

Loan TenureReconditioned Vehicle: maximum 60 Months and

Brand New Vehicle: maximum 72 Months

Age of the Car For reconditioned vehicle not more then 5 years old

Rate of Interest 18.00% p.a.

Age Minimum 21 Years and Maximum 60 Years

Application Fee BDT 600

Processing Fee 1% to 1.50% of the approved amount

Allowed EMIEMI = 1/2 of Discretion Income = Gross Family Income - Total Family

Expenses


NCC Bank Home Improvement Loan


NCC Bank Home Improvement Loan

Eligibility Home Owners and Salaried Individuals

PurposePurchase of Electronic Household Durables, Furniture and Fixtures,

Modification of the building / flat and Extension of the existing structure

Loan Limit Minimum BDT 50,000 and Maximum BDT 1,000,000

Loan Tenure 24 Months to 84 Months based on offered security

Rate of Interest 18.00% to 19.00%

Age Minimum 21 Years and Maximum 60 Years


Processing Fee 1% to 1.50% of the approved amount


Expenses


NCC Bank House Repairing & Renovation Loan Scheme Features


House Repairing and Renovation Loan Scheme (HRRLS)

Eligibility Only the residential house / flat owners

Purpose House repairing and renovation

Loan Limit BDT 50,000 to BDT 500,000

Loan Tenure 60 Months

Rate of Interest 18.00%

Age Minimum Age 30 Years and Maximum 60 Years


Processing Fee 1.00%

Risk Fund 1.00% but minimum BDT 500


Expenses


NCC Bank Personal Loan Scheme


Personal Loan Scheme for Salaried Person (PLS)

Eligibility Only Permanent salaried employees

PurposeFor Medical treatment / Surgical Operation / Maternity / Marriage /

Admission of children, purchase of Books & Examination Fees

Loan Limit Minimum BDT 25, 000 and Maximum BDT 100,000

Loan Tenure Minimum 6 (six) months and maximum 3 (three) years


Age Minimum Age 21 Years to Maximum 56 Years




Allowed EMIEMI = 1/2 of Discretion Income = Gross Family Income - Total

Family Expenses


NCC Bank Consumer Finance Scheme


Consumer Finance Scheme (CFS)

Eligibility Salaried Individuals / Business Persons / Professionals

Purpose New Motor Cycle, Electrical Home Appliances, Furniture / Fixtures

Loan Limit Minimum BDT 100,000 and Maximum BDT 300,000

Loan TenureFor Motor Vehicles Maximum 3 (three) years, For other items Maximum 2

(two) years


Age Minimum 25 Years to Maximum 50 Years


Service charge Fee 1.00%



Family Expenses


NCC Bank Education Loan Scheme


Education Loan Scheme (ELS)

EligibilityAny Bangladeshi student, successfully completed at least

H.S.C. or equivalent exam

Purpose For educational expenses

Loan Limit Maximum BDT 1,000,000

Loan Tenure Minimum 1 year and Maximum 4 years




Risk Fund 1.00% but minimum BDT 1,000


Family Expenses


Mandatory Documents for all Retail Loans• Three copies of passport size photograph [Applicant(s), Spouse(s)

& Guarantor(s)] • Copy of National ID [Applicant(s), Spouse(s) & Guarantor(s)] • Copy Up-to-date Copy of TIN Certificate [Applicant(s) &

Guarantor(s)]• Copy of Tax Return [Applicant(s) & Guarantor(s)]• Copy of Utility Bill Copy• Last 12 months Bank Statement of [Applicant(s) & Guarantor(s)]• Borrower’s and Guarantor’s CIB Report• Credit Card payment Statement for Last One year (if applicable)• Copy of Offer Letter and Repayment statement of the existing loan

facility (if applicable)


Wrapping up

withQ & A