Q. How do you determine the loan amount?

Based on your applied amount and submitted documents supporting your income, we would assess your repayment capacity. Your repayment capacity would determine the amount of loan you are eligible for. However, the loan amount will not exceed the 70% of the purchase price including registration and also 80% of the construction cost of the dwelling house.

Q. How much would be the installments?

Installment is determined based on acquisition cost and loan term. Monthly installment is most common, however, quarterly payment can also be considered only for corporate and developer's finance.

Q. How to apply for loan?

You are required to fill the prescribed application form of IDLC available at free of cost at any pf our branch offices and submit it with required supporting document. You need to pay application fee through account payee cheque in favor of IDLC FINANCE LTD. while submitting the application. On receipt of your application duly completed, IDLC would make necessary inquiries/ investigation and convey its decision to you.

Q. What would be the security against the loan?

Mortgage of the property concerned is usually the security. However, you may also offer other securities acceptable to IDLC.

Q. Can anyone repay the loan ahead of schedule?

You can repay the loan either in part or full ahead of schedule after payment of at least six installments with a minimum repayment charge.

Q. How to apply home loan as a Non Resident Bangladeshi (NRB) applicant?

please click the Home Loans for NRBs.