LankaBangla has been operating in the market as a leading diversified financial services company engaged in Lease Finance, Term Loans, Auto Loan. Domestic Factoring of Receivables, SME Finance, Merchant Banking, Stock Broking and Credit Card Operations.

In our quest to further diversify our products and service range, we launched our Mortgage Loan Division in 2008 under which the following services:

• Home Loan
  
• Real Estate Development Finance
  

You may apply for LankaBangla Home Loan for any of the following purposes:

• Purchase of Apartments or House
  
• Construction of Apartment or House
  
• Renovation and Restructuring of existing Apartment or House
  
• Purchase of Commercial space including Shop and Chamber for professionals.
  
• Any purpose loan against Mortgage of Property.
  
• Existing Loan pay off
  

And you may contact with us to avail Real Estate Developer Finance for the following purposes:

• Constructing Residential Apartment Project within premium location of Dhaka , Chittagong and Sylhet City Corporation and Narayanganj, Gazipur, Savar, Comilla pourashaova.
  
• Constructing Commercial Project within premium location of Dhaka , Chittagong City Corporation.
  
• Renovation and Restructuring of existing commercial Building.
  

WHY YOU CHOOSE LANKABANGLA HOME LOAN?

• Equal consideration and approval procedures for all professional including businessman.
  
• Fixed and Variable Interest rate – anyone can choose.
  
• Interest calculated on monthly reducing –balance basis
  
• Option to pay only interest during construction period.
  
• Maximum Loan amount BDT 20 million(flexible; if client 's profile meet the security criteria)
  
• Loan up to 70% of total Property value.
  
• Highest Loan facilities for Non-resident Bangladeshi.
  
• Early Settlement option; to pay only Prepayment Fee 2% within 5 years and 1% after 5 years on outstanding principal amount.
  
• Partial Prepayment option; without any service charge
  
• Approval within shortest possible time.
  
• Approval of Home Loan before purchase of apartment.
  
• Partial Disbursement Option
  
• Loan Disburse during the construction stage
  
• Disburse against TPA or Registered Mortgage
  
• Considerable of partly cash salary
  
• Flexible option
  
• No Hidden cost
  

No Relationship Fee or Service charge!
For;

• any Phone call
  
• any letter issue
  
• any visit at Office or Home
  
• reducing or increasing loan tenure
  
• any statement
  
• Tax / Loan outstanding certificate
  
• EMI cheque dishonor
  
• any partial prepayment
  

LOAN AMOUNT

• Apartment or House Purchase: Maximum 70% of the cost price (including Car parking space)
  
• Construction or Renovation of House or Commercial space: Maximum 60% of the construction cost.
  

TENURE OF REPAYMENT

• Apartment or House Purchase:- Maximum 20 years term, subject to the borrower's age not exceeding 65 years within the tenure of loan.
  
• Construction of Apartment or House: Maximum 15 years, subject to the borrower's age will not exceed 65 years within the tenure of loan (flexible, if successors are available).
  
• Construction of Residential Apartments and Commercial projects: Maximum 5 years.
  

ELEGIBILTY FOR REAL ESTATE DEVELOPERS FINANCE

• REHAB membership
  
• 3 years audited Financials from a reputed Chartered Accountants firm.
  
• At least 6 Residential Project successfully handed over within the premium location.
  

MODE OF REPAYMENT

• Monthly Arrear basis
  
• Equated Monthly Installment.
  
• Step up Method
  

DISBURSEMENT

Total or Partial disbursement can be allowed depending on requirement of client. But Loan will be disbursed after investment of borrower's own and progress of construction works .

COLLATERAL

Proposed property and/or any property acceptable to LankaBangla may be taken and collateral. Property is required to be Registered Mortgage as per Law prevailing in Bangladesh.

FEES AND CHARGES

Processing fee is required to be paid with the application form and documentation fees is required to be paid after approval.

DOCUMENTS(INITIALLY) TO BE REQUIRED FOR HOME LOAN CLIENT

for Salaried person;
Salary Certificate
TIN Certificate, NID
6 month's Bank statement

for Businessman;
Tax Return and NID
12 months Bank statement
Partnership deed/ MOU/Trade License

HOW TO APPLY

You can collect the home loan application form from any offices of LankaBangla free of cost or download form from our website www.lankabangla.com and apply along with the relevant papers.

Home Loan application form

For details please send email along with contact number to khurshed@lankabangla.com or send message from your mobile to
01819557295 , we will call back you.

Thank You